IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size19,80,000 shares (aggregating up to ₹3.96 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 30 Sep 2016
Subscription CloseWed, 05 Oct 2016
Anchor AllotmentThu, 29 Sep 2016
Basis of AllotmentTue, 11 Oct 2016
Initiation of RefundsWed, 12 Oct 2016
Credit of Shares to DematWed, 12 Oct 2016
Listing DateFri, 14 Oct 2016
UPI Mandate Deadline2016-10-05
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public18,78,000 shares (aggregating up to ₹3.76 Cr)
Reserved for Market Maker1,02,000 shares (aggregating up to ₹0.2142 Cr)
Pre-IPO Promoter Holding31,55,600 shares
Post-IPO Promoter Holding42,11,600 shares
Fresh Issue Shares9,54,000 shares (aggregating up to ₹1.91 Cr)
Offer for Sale Shares9,24,000 shares of ₹10 (aggregating up to ₹1.85 Cr)
About Gretex Industries Ltd.
Incorporated in 2009, Gretex Industries Ltd is engaged in the business of manufactures and sells hosiery garments. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Company's offers wooly coats, thermal innerwear, leggings, etc. under the LEKME brand name.They also Performs job work for various fabrics, such as interlock, fleece, rib, interlock-reversible, sinker, sinker with lycra, polyfill, parker, etc. for various clients. Visit chittorgarh.com for more detail.Company's manufacturing facility is situated at Jalan Industrial Complex in Domjur Area in the district of Howrah, which is one of the oldest Industrial Complex nearby Kolkata.
Objects of the Issue
Gretex Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements of the Company
1.45
2
2 General corporate purposes
0.45
Shareholding & Lock-in
Pre-IPO Promoter Holding
31,55,600 shares
Post-IPO Promoter Holding
42,11,600 shares