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18 December 2017

IPO Synopsis

Geekay Wires Ltd
Registered Office: 11-70/5 G P Complex,Balanagar , Hyderabad - 500018 , Telangana , India.
Phone : 91-40-23778090   Fax:91-40-23778091
Email :  
Website :
Public issue of 33,32,000 equity shares of (Rs)10/- each ("Equity Shares") of Geekay Wires Limited ("GWL" or the "company") for cash at a price of (Rs)33 per share (the "issue price"), aggregating to (Rs)11 crores ("the issue"), of which 1,72,000 equity shares of (Rs)10 each will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 31,60,000 equity shares of (Rs)10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 39.99% and 37.93%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10 and the issue price is 3.3 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Aug-17 14-Aug-17 (Rs)33.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 11.00
Aryaman Financial Services Ltd
Project Financed through Current Offer 11.00  
Post Issue Equity Share Capital 8.33  
Issue Price (Rs)33.00  
Long term working capital requirementGeneral corporate purposes
Promoted By
Ghanshyam Dass  
Ashish Kandoi  
Anuj Kandoi  
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501