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GB Logistics Commerce Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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GB Logistics Commerce Ltd IPO

Registered Office: B-3 Saptak Plaza,Shivaji Nagar , Nagpur - 440010 , Maharashtra , India.
Phone : 98810 78877   Fax:
Email :  compliance@gblogisticsindia.com  
Website :  www.gblogisticsindia.com
The issue comprise of a public issue of 24,57,600 equity shares of face value of (Rs)10/- each fully paid (the "Equity Shares") for cash at a price of (Rs)102/- per equity shares (including a premium of (Rs)92/- per equity share) aggregating to (Rs)25.07 crores ("The Issue") by the company. The issue comprises a reservation of which 1,23,600 equity shares of (Rs)10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 23,34,000 equity shares of (Rs)10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.99% and 28.48% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each. The floor price is 10.20 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Jan-25 28-Jan-25 (Rs)102.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
SKI Capital Services Ltd
Project Financed through Current Offer 25.07  
Post Issue Equity Share Capital 8.19  
Issue Price (Rs)102.00  
 
Projects
Prepayment or repayment of a portion of certain outstanding borrowings availed by the companyFunding expenditure towards purchase of track chassis and truck bodies
Working capital requirementsGeneral corporate purposes
Promoted By
Prashant Natwarlal Lakhani  
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd