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Open
22 Sep 2010
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Close
24 Sep 2010
3
Allotment
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Listing
Mon, Oct 11, 2010
Price Band
₹50 per share
Issue Size
81,00,208 shares (agg. up to ₹41 Cr)
Lot Size
125 Shares
Listing Date
Mon, Oct 11, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.66x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Prakash Steelage Ltd. | Mainboard | ₹68.75 Cr | ₹110 | null | ₹185.35 | +68.50% | ₹4.09 (-0.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land and Site Development | 18.58 |
| 2 | Setting up of Sponge Iron manufacturing unit at Gorakhpur, Uttar Pradesh | 53.33 |
| 3 | Setting up a Mild Steel Billets manufacturing unit at Gorakhpur, Uttar Pradesh | 41.89 |
| 4 | Setting up of a Re-Rolled Products manufacturing unit at Gorakhpur, Uttar Pradesh | 47.13 |
| 5 | Setting up of Captive Power plant at Gorakhpur, Uttar Pradesh | 68.24 |
| 6 | Setting up a Flour Mill at Gorakhpur, Uttar Pradesh | 24.22 |
| 7 | Margin Money for Working Capital | 12.52 |
| 8 | Contingencies | 0.89 |
| 9 | Preliminary and Pre Operative Expense | 5.08 |
| 10 | Miscellaneous Fixed Assets | 36.54 |
| Total | 308.43 |
About Gallantt Ispat IPO
Incorporated in 2005, Gallantt Ispat Ltd is engaged in the manufacturing and marketing of Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars and Mild Steel Structural) and wheat flour products.+ Read More
Contact Details
Gallantt Ispat Ltd. AddressGallantt Ispat LtdAshyana, 29C, Bentinck StreetKolkata, West Bengal, 700069+91 33 22312429investors@gallantt.comVisit Website