Bookbuilding IPO | ₹44 Cr | Listing at BSE, NSE | Tue, Feb 3, 2009 - Fri, Feb 6, 2009
Gemini Engi-Fab IPO is a book build issue of ₹44.00 crores.
Gemini Engi-Fab IPO bidding started from Feb 3, 2009 and ended on Feb 6, 2009.
Gemini Engi-Fab IPO is set issue price band at ₹75 to ₹80 per share. The lot size for an application is 75 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,000 (75 shares) (based on upper price). The lot size investment for sNII is 34 lots (2,550 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (12,525 shares), amounting to ₹10,02,000.
Almondz Global Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Gemini Engi-Fab IPO RHP for detailed Information.
IPO Open
Tue, Feb 3, 2009
IPO Close
Fri, Feb 6, 2009
Price Band
₹75 to ₹80
Market Cap (Pre-IPO)
₹94.82 Cr
| IPO Date | 3 to 6 Feb, 2009 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹75 to ₹80 |
| Lot Size | 75 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 55,00,000 shares (agg. up to ₹44 Cr) |
| Share Holding Pre Issue | 63,52,645 shares |
| Share Holding Post Issue | 1,18,52,645 shares |
Investors can bid for a minimum of 75 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹6,000 |
| Retail (Max) | 33 | 2,475 | ₹1,98,000 |
| S-HNI (Min) | 34 | 2,550 | ₹2,04,000 |
| S-HNI (Max) | 166 | 12,450 | ₹9,96,000 |
| B-HNI (Min) | 167 | 12,525 | ₹10,02,000 |
Incorporated in 1998, Gemini Engi-Fab Limited is a Mumbai based manufacturer of various industrial fabrication related products including Heat Exchanger, Reactors & Vessels, Towers & Tower Internals, Columns & Columns Internals High Pressure Vessels, Distillation / Fractionating Columns / Towers, Mixing Tanks (Agitated), Fluid Bed Dryers and Custom Built Equipments.
Company serves verity of industries including cement, dairy, refinery, pharmaceutical, petrochemical, power and chemical.
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Somi Conveyor Beltings Ltd. | Mainboard | ₹21.80 Cr | ₹35 | null | ₹25.90 | -26.00% | ₹98.75 (+1.17%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a manufacturing workshop at Umbergaon, Gujarat | 498.46 |
| 2 | General Corporate purposes | |
| 3 | Issue Expenses |
| KPI | |
|---|---|
| RoNW | 31.54% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 95.91% | 51.4% |
| Market Cap | ₹94.82 Cr. |
The Gemini Engi-Fab IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
CARE has assigned an IPO Grade 2 to Gemini Engi-Fab IPO. This means as per CARE, company has below average fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
Gemini Engi-Fab Ltd IPO - cancelled (Date posted: 3 Feb 2009)
Book Running Lead Manager to the issue Almondz Global Securities Limited has informed the Exchange that the Book Building issue of Gemini Engi-Fab Limited withdraws IPO due to poor response. IPO which was scheduled from February 3,2009 to February 6,2009 now stands cancelled.
Lead Manager Reports
Gemini Engi-Fab IPO is a main-board IPO of 55,00,000 equity shares of the face value of ₹10 aggregating up to ₹44 Crores. The issue is priced at ₹75 to ₹80. The minimum order quantity is 75.
The IPO opens on Tue, Feb 3, 2009, and closes on Fri, Feb 6, 2009.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Gemini Engi-Fab IPO using UPI as a payment gateway. Zerodha customers can apply in Gemini Engi-Fab IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gemini Engi-Fab IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gemini Engi-Fab IPO opens on Tue, Feb 3, 2009 and closes on Fri, Feb 6, 2009.
Gemini Engi-Fab IPO lot size is 75, and the minimum amount required for application is ₹6,000.
You can apply in Gemini Engi-Fab IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Gemini Engi-Fab IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Gemini Engi-Fab IPO allotment status.
The Gemini Engi-Fab IPO listing date is not yet announced. The tentative date of listing is .
