IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size8,31,000 shares (aggregating up to ₹3.32 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 29 Jun 2017
Subscription CloseMon, 03 Jul 2017
Anchor AllotmentWed, 28 Jun 2017
Basis of AllotmentSun, 09 Jul 2017
Initiation of RefundsMon, 10 Jul 2017
Credit of Shares to DematMon, 10 Jul 2017
Listing DateTue, 11 Jul 2017
UPI Mandate Deadline2017-07-03
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — ₹2,40,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public7,86,000 shares (aggregating up to ₹3.14 Cr)
Reserved for Market Maker45,000 shares (aggregating up to ₹0.1800 Cr)
Pre-IPO Promoter Holding22,50,000 shares
Post-IPO Promoter Holding30,81,000 shares
About Gautam Exim Ltd.
Incorporated in 2005, Gautam Exim Limited imports and trades in industrial raw materials in India. The company offers recyclable waste paper, pulp, chemicals, metal scrap, etc. Those products are used by paper mills to manufacture Kraft papers, duplex boards, writing and printing papers, news prints, etc.; and chemical units to manufacture bulk drug intermediates, printing inks, etc.Orders for these raw materials are procured from the paper mills and chemical manufacturing units and are placed through the Indenting agents of the foreign shippers/bailers as per the conditions/specification as detailed in these indents. Orders for chemical raw material from chemical manufactures are taken from these chemical units and placed directly on the shippers abroad. The shippers, as soon as they load the shipments, against GEL’s indents send the original documents on collection basis. Based on the Non-negotiable copies of Import documents received through mail from the shippers, the company enters into High Seas sale agreements for transfer of shipment document on high seas basis to its customers. The Company doesn't have any export obligation as currently it is not exporting any of its products. Import of these goods is majorly done from USA, UK, Europe, Middle East and Australia.Competitive Strengths1. Leveraging the experience and knowledge of Promoters2. Relations with the Clients and Suppliers3. Economies of Scale
Objects of the Issue
Gautam Exim Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirement
2.42
2
General corporate purposes
0.35
Shareholding & Lock-in
Pre-IPO Promoter Holding
22,50,000 shares
Post-IPO Promoter Holding
30,81,000 shares