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Gretex Corporate Services 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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Gretex Corporate Services Ltd IPO

Registered Office: Office No.13 I Floor Bansilal,Mansion 9-15 HomiModi St. Fort , Mumbai - 400001 , Maharashtra , India.
Phone : 91-22-40025273   Fax:
Email :  info@gretexgroup.com  
Website :  www.gretexcorporate.com
Public Issue of 3,01,600 equity shares of Face value of (Rs)10 each ("equity shares") of Gretex Corporate Services Limited (the "company" or the "issuer") for cash at a price of (Rs)170 per equity (the "issue price") aggregating to (Rs)5.13 Crores ("the issue") comprising of a fresh issue of 2,37,600 equity shares aggregating to (Rs)4.04 Crores (the "fresh issue") and an offer for sale of 64,000 equity shares by the promoter selling shareholder ("offer for sale") aggregating to (Rs)1.09 Crores of which 15,200 equity shares aggregating to (Rs)0.26 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net Issue of 2,86,400 equity shares aggregating to (Rs)4.87 Crores (the "net Issue"). The issue and the net issue will constitute 26.52% and 25.18% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10.00 and the issue price is 17.00 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Jul-21 30-Jul-21 (Rs)170.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 4.04
Aryaman Financial Services Ltd
Project Financed through Current Offer 5.13  
Post Issue Equity Share Capital 1.14  
Issue Price (Rs)170.00  
 
Projects
Payment of Security Deposit for Renting of Office SpaceGeneral Corporate Purposes
Working Capital Requirements
Promoted By
Arvind Harlalka  
Alok Harlalka  
Bonanza Agency LLP  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd