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Glory Polyfilms Ltd IPO (Glory Polyfilms IPO) Detail

May 9, 2007 - May 15, 2007

Incorporated in 1997, Glory Polyfilms Limited (GPL) is in business of packaging & printing for various segments of food and FMCG industry. GPL is a manufacturing company with ISO 9001:2000 and HACCP certification from TUV South Asia Private Limited.

Glory Polyfilms clients include large institutions, large scale industries, Co-operative unions, Boards and various small scale industries encompassing industries like Confectionery, Edible Oils, Atta, Flour, Tea, Milk Powder, Soft Drink Concentrates, Rice, Baking products, Ghee, Coffee, Vanaspati, Cereals, Chocolates, Biscuits, snack foods, Milk, Cheese, Hair Oil, Shampoo, Cosmetics, Detergent, Lube Oils and various other industries.

GPL's plant is located at Daman, approximately 160 km from City of Mumbai. This plant manufactures 3 layer and 5 layer barrier multi layer films. This plant has printing facility with automatic registration control and can print up to 8 colors and also has Solvent based and Solvent -less Lamination facility.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
1. To part finance the expansion of Multilayer film producing capacity by 11652 MTPA, printing capacity by 4956 MTPA and lamination capacity by 3500 MTPA;
2. To meet the working capital margin requirements of the Company on account of the proposed expansion.

Issue Detail:

  »»  Issue Open: May 9, 2007 - May 15, 2007
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 8,220,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 39.46 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 48 Per Equity Share
  »»  Market Lot: 125 Shares
  »»  Minimum Order Quantity: 125 Shares
  »»  Listing At: BSE, NSE

Glory Polyfilms IPO Prospectus

Glory Polyfilms IPO Rating

16
3.4
Rating:Rated 3.4 stars

Vote Here ...

Glory Polyfilms IPO Listing Date

  •   ›  Listing Date: Monday, June 18, 2007
  •   ›  BSE Script Code: 532857
  •   ›  NSE Symbol: GLORY
  •   ›  Listing In: B1 Group
  •   ›  Sector: Packaging
  •   ›  ISIN: INE408H01012
  •   ›  Issue Price: Rs. 48.00 Per Equity Share
  •   ›  Face Value: Rs. 10.00 Per Equity Share

Listing Day Trading Information

BSE
Issue Price:Rs. 48.00
Open:Rs. 50.00
Low:Rs. 50.00
High:Rs. 84.00
Last Trade:Rs. 61.85
Volume:15,692,485
NSE
Rs. 48.00
Rs. 48.00
Rs. 48.00
Rs. 84.00
Rs. 62.10
16,310,713

Glory Polyfilms IPO News Alerts

  1. Thursday, June 14, 2007 11:44:00 AM
    Glory Polyfilms Limited IPO listing info
  2. Tuesday, May 8, 2007 5:48:00 PM
    Glory Polyfilms Limited (GPL) IPO Opening on May 09

Company Contact Information

Glory Polyfilms Ltd
201 Vintage Pearl,
A Wing, 29th Road,
Bandra (W), Mumbai - 400 050 (India)
Phone: +91-22-2651 4811
Fax: +91-22-2651 4812
Email: ipo@glorypolyfilms.com
Website: http://www.glorypolyfilms.com

Glory Polyfilms IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Glory Polyfilms IPO Lead Manager(s)

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Glory Polyfilms IPO Review / Comments

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15. REKHA  Jun 18, 2007 12:35:23 PM IST Reply
HI Tanushree (at 12 msg).
I was thinking you were an expert in IPOs.You are getting off the track in most of your analysis(sic) if it can be called that at all.You better stay away for some time and take some rest.Come back after watching the market quietly from the sidelines.You had grandly written
"Will Fall to Rs 28 on the same day"!!!High hopes.
Even at 12.30 going strong at Rs 60 having given excellent opportunity to all IPO allottees to make money and exit.
Why don't you people keep quiet when you don't know much, pseudo expert.
You were wrong about Advanta also by a wide margin.
Bye.Happy Wanawas to you.
avatar
14. REKHA  Jun 18, 2007 10:23:48 AM IST Reply
Hi All,
What an opening!!!!
This was again a FPO.Not fancied at all.All retail apps allotted in full.Opens at 48, a high of 84 and at 10.15 AM trading at 64 and an average price of 66.06 at NSE with a volume of 2545718 shares.What more do you want???An appreciation of 33% for full allotment.For Rs 48000 allotted 1000 shares.Sell at 66, a profit of Rs 18000 which the fancied issues are not giving.Moral of the story.You may win some and lose some but apply to all issues.You are not going to lose your entire money.Once in a while you will hit a jackpot like Glory.That will cover some other issue's bad opening.Also remember Advanta.Glory to Investor's Glory.
Keep running.If you stop you are not going anywhere.
No risk no gain in the stock market.DLF will be another surprise winner wherein retail investors have lost out.Just wait and watch.
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13. hemant  Jun 18, 2007 10:16:20 AM IST Reply
This stock is having good listing man..
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12. tanushree  Jun 16, 2007 1:15:33 AM IST Reply
glory polyfilm listing at 40 rs will fall to 28-30 rs on same day
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11. TANUSHRI  Jun 15, 2007 6:46:32 PM IST Reply
Company Name GLORY POLYFILMS LTD


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Application No. 1661840


--------------------------------------------------------------------------------

Applicant Name NAVRATAN DEVI AGARWAL


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No. of Shares Applied 125


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No. of Shares Alloted 125


--------------------------------------------------------------------------------

Amount Refunded 0.00


--------------------------------------------------------------------------------

Refund Mode PHYSICAL WARRANT ISSUED ON 11/06/2007

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10. Ashok  Jun 13, 2007 11:48:16 PM IST Reply
Glory poly film is not that as far there technolgy and clientele is considered
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9. kris  Jun 12, 2007 2:27:52 PM IST Reply
glory polyfilms allocation is done...got an SMS from direct
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8. vicky  Jun 7, 2007 2:28:55 PM IST Reply
No problem of the delay but any specific reason b/h the delay in allotment of shares ? anyways any tentative date for allotment ? money needs to be used for upcoming running ipo's behind.
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7. SONA  Jun 7, 2007 12:32:23 AM IST Reply
I dont know why people are in hurry about glory polyfilms ltd. on listing allotee will definately going to loose money. so why hurry.
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6. RATAN PURI GOSWAMI  Jun 6, 2007 8:36:39 PM IST Reply
golry poly filma ltd. share application states applocation no 1661840
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5. PANKAJ  Jun 6, 2007 6:03:52 PM IST Reply
PL INFORM ME A GLORY POLYFILM IPO ALLOTMENT STATUS & LISTING DATE

THANKS

PANKAJ PATEL
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4. pankaj  May 31, 2007 6:00:45 PM IST Reply
pl. inform me glory ipo allotment & listing date

thanks

pankaj
mbl-9979450045
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3. pankaj  May 23, 2007 1:08:11 PM IST Reply
pl.inform me glory polyfilm ipo subscription & allotment & listing details

thanks

pankaj patel
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2. raghu  May 12, 2007 2:52:01 PM IST Reply
hello,
Can any one tell me how many times goly polyfimls limited subcribed up to now ?I am planing to invest if there is good response up to now,till3 more days left
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1. amitkumararora  May 8, 2007 7:31:26 PM IST Reply
Hi Fellow Boarders

anybody having concrete informaion on this IPO.
As this is a fixed price IPO we cant get the details of oversubscription to decide whether to apply or not.






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