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GCM Commodity & Derivatives Ltd IPO (GCM Commodity IPO) Detail

Aug 1, 2013 - Aug 5, 2013

Incorporated in 2005, GCM Commodity & Derivatives Ltd is currently engaged in the business of investing in National Spot Exchange Limited (NSEL) Investment Products for arbitrage opportunities and commodity broking. Company provides commodity broking facilities through its membership of NSEL. The Company become the Trading-cum-Clearing member of National Spot Exchange Limited and started the commodity broking business in May 2013. In the past the Company was engaged in the business of Commodity and Equity Trading.

NSEL Investment Products offer a unique low risk high return investment opportunity in the commodities market for Indian resident investors. They also plan to take the Membership of Multi Commodity Exchange of India Limited (MCX) out of the proceeds of the IPO.

Company Promoters:

The Promoters of the Company are:

Individual Promoter:

1. Mr. Inder Chand Baid
2. Mr. Manish Baid
3. Mr. Samir Baid

Corporate Promoters:

4. GCM Securities Limited

Objects of the Issue:

The objects of the Issue are:

1. Augmenting long term working capital;
2. Acquiring Membership of MCX; and
3. Meeting Public Issue Expenses.

GCM Commodity IPO Details

Issue OpenAug 1, 2013 - Aug 5, 2013
Issue TypeFixed Price Issue IPO
Issue Size3,510,000 Eq Shares of Rs 10
(aggregating up to Rs 7.02 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 20 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

GCM Commodity IPO Prospectus

GCM Commodity IPO Rating

13
4.2
Rating:Rated 4.2 stars

Vote Here ...

GCM Commodity IPO Listing Date

Listing DateFriday, April 5, 2013
BSE Script Code535431
NSE Symbol
Listing InMT
ISININE168O01026
Issue PriceRs 20 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 20.00
Rs 65.00
Rs 65.00
Rs 68.25
Rs 68.25
36,000

GCM Commodity IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

GCM Commodity & Derivatives Ltd
3B, Lal Bazar Street,
Sir R N M House, 5th Floor,
Kolkata - 700 001, West Bengal

Phone: +91 33 3028 5807
Email: info@gcmcommo.com
Website: http://www.gcmcommo.com

GCM Commodity IPO Registrar

Purva Sharegistry India Pvt Ltd
   9, Shiv Shakti Industrial Estate,
   JR Borica Marg,
   Lower Parel (East), Mumbai - 400 011

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com

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GCM Commodity IPO Review / Comments

avatar
5. Pras BJ  Nov 15, 2013 18:08 I Like It. | Report Abuse
Now GCM has given 1300 % returns post its listing..Dont believe Davda.. we are loosing out money on these IPO''s....
avatar
4. K L  Sep 10, 2013 10:10 I Like It. | Report Abuse
Please inform the how much to be quantity of shares for sale and purchase of GCM Commodity & Derivative Ltd
avatar
3. Ahmedabad Daily  Aug 4, 2013 12:24 I Like It. | Report Abuse
SJP
do not apply in this ipo. it will open on around rs. 14-15 bec of nsel scam
they are doing business only in nsel.
avoid this ipo
avatar
2. S.J.P  Aug 2, 2013 18:20 I Like It. | Report Abuse
DAVDA SIR, GCM COM.SME IPO ME FORM BHARNE KA HO TO KAISE BHAR SAKTE HAI MERA DMAT AC SMC GLOBAL ME HAI CDSL AC AHMEDABAD MEIN KISI KE PASS KOI JANKARI NAHI HAI TO AAP BATA SAKTE HAI KAISE OR KIS TARAH SE BHAR SAKTE HE
avatar
1. Dilip Davda  Jul 31, 2013 17:06 I Like It. | Report Abuse
Minimum lot for this IPO is 6000 shares and in multiples thereof, thereafter.

Dilip Davda
SEBI registered Research Analyst
Mumbai

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