Ghushine Fintrrade Ocean Ltd IPO (Ghushine Fintrrade IPO) Detail

Apr 25, 2016 - Apr 27, 2016

Incorporated in 1995, Ghushine Fintrrade Ocean Ltd is engaged in trading activities of various textile materials (semi-finished and finished products) in the textile market. Company is mainly engaged in trading of all kind of fabrics, including cotton, poly cotton, and all kind of synthetic fabrics. Their product range includes both finished and unfinished fabrics. They supply fabrics to various corporates in textile sector.

They are engaged in the trading of following products:

1. Fabric for Suiting & Shirtings
2. Sarees
3. Dress Materials
4. Quilting Fabric
5. Fabric for home furnishings such as curtains

Company Promoters:

The promoters of the company are:

1. Mr. Alok B Jain
2. Mrs. Kalpana Jain

Objects of the Issue:

The object of the issue are to:

1. Augmenting additional working capital requirements;
2. Meeting Public Issue Expenses.

Ghushine Fintrrade IPO Details

IPO DateApr 25, 2016 - Apr 27, 2016
Issue TypeFixed Price Issue IPO
Issue Size2,600,000 Eq Shares of ₹10
(aggregating up to ₹2.60 Cr)
Face Value₹10 Per Equity Share
IPO Price₹10 Per Equity Share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME

Ghushine Fintrrade IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Ghushine Fintrrade IPO Prospectus

Ghushine Fintrrade IPO Rating

Rating:Rated 3.5 stars

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Ghushine Fintrrade IPO Listing Date

Listing DateThursday, May 5, 2016
BSE Script Code539864
NSE Symbol
Listing InM
IPO Price₹10 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade

Ghushine Fintrrade IPO Reviews / Ratings

Company Contact Information

Ghushine Fintrrade Ocean Ltd
203, Trividh Chambers,
Rushabh Petrol Pump Lane,
Ring Road, Surat - 395002

Phone: +91 261 2332122

Ghushine Fintrrade 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

Ghushine Fintrrade IPO FAQs

  1. 1. What is Ghushine Fintrrade IPO?

    Ghushine Fintrrade IPO is a SME IPO of 2,600,000 equity shares of the face value of ₹10 aggregating up to ₹2.60 Crores.

    The issue price of the IPO is ₹10 Per Equity Share. The minimum order quantity is 10000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Apr 25, 2016 and closes on Apr 27, 2016.

    Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Ghushine Fintrrade IPO will open?

    The Ghushine Fintrrade IPO opens on Apr 25, 2016 and closes on Apr 27, 2016.

  3. 3. How to apply for Ghushine Fintrrade IPO?

    Ghushine Fintrrade IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Ghushine Fintrrade IPO allotment?

    The finalization of Basis of Allotment for Ghushine Fintrrade IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ghushine Fintrrade IPO allotment status.

  5. 5. When is Ghushine Fintrrade IPO listing date?

    The Ghushine Fintrrade IPO listing date is on Thursday, May 5, 2016, at BSE SME.
  6. 6. What is the lot size of Ghushine Fintrrade IPO?

    Ghushine Fintrrade IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

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Ghushine Fintrrade IPO Review / Comments

16. rtvvtr  May 5, 2016 11:26
gud analysis SNBC
15. SNBC  May 5, 2016 11:03
check the analysis posted by me .
i was the first to raise question in my post-1
ghusine me ghus mat jaana
ghusine hits lower circuit.
one shld atleast wait for march 2016 qrtr results to enter company.
were the volumes real for march to sept qrtr 2015???
and nayways always take due caution with companys in trading activities
C.A. shripal
14. C.A. shripal  May 4, 2016 23:52
Ghushine will list tomorrow at 12 rs buyer cercuit
13. jainakash  May 4, 2016 21:42
Hi guys just a got a message of amount dediction from obc bank for thyrocare..does this mean i got allotment as it deducted now or it is normal :)
13.1. jkmittal  May 4, 2016 22:15
U got allotment
12. jkmittal  May 3, 2016 17:26
Asba amount deducted.
C.A. shripal
11. C.A. shripal  Apr 28, 2016 00:22
Friend gushing subscribed 3 times Grey market player asking for1.5 premium....will be open with buyer @12 rs...may be another sysco and nintec
10. atul  Apr 27, 2016 20:23
Top Contributor Top Contributor (200+ Posts)
Septa ji ccd has moved up 15% today any specific reason you find
Pl share?
10.1. Septa  Apr 27, 2016 20:32
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
not sure it sudden started picking up at 2 pm may be some good news.... also deliverable volume was also high....
10.2. Khemka  Apr 28, 2016 09:09
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Tata coffee news
9. atul  Apr 27, 2016 20:23
Top Contributor Top Contributor (200+ Posts)
Septa ji ccd has moved up 15% today any specific reason you find
Pl share?
Haar Jeet
8. Haar Jeet  Apr 27, 2016 18:21
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Jodi @ 2500
Else 1200 each
7. jkmittal  Apr 27, 2016 17:01
Subscribed 3 times approximately
6. Surendra  Apr 25, 2016 16:17
Guys i want to open two new trading accounts on the name of my wife and mom. Could anyone suggest the best broker where I can also sell my application in grey market if i want.
6.1. SNBC  Apr 26, 2016 21:14
U can open account at my end and trade in sme ipois
I am a sub-broker
And u can contact me on
I will also help u to open seperate bank accounts for applying sme ipos via online portal from banks directly.

Grey market rates and give &take should be handled by you individually.
Bcoz we advised clients to subscribe only when there is value.
And when there is value price doesnt need invitation
5. atul  Apr 24, 2016 22:19
Top Contributor Top Contributor (200+ Posts)
Jonam ji
Your comments r invited. Pl share
5.1. jonam  Apr 25, 2016 08:18
Don''t be so formal. Just Jonam is good.
As to this issue I would not touch it as there are no fundamentals supporting it as to warrant an investment either for short term or long.
4. sureshkvl  Apr 24, 2016 08:04
How to apply the SME IPO & Trade it after allocated. I have Sharekhan & Motilal account. Looks like both doesnt support SME.
Experts please suggest.
4.1. Manipo  Apr 24, 2016 11:21
Top Contributor Top Contributor (200+ Posts)
Check my reply at /ipo/ipo_feedback.asp?a=540&p=2

If you still need more details ping me on manipoindia AT gmail dot com
3. IPOANALYSIS  Apr 23, 2016 17:18
Guys remember trading company should never be invested. They are not even manufacturers.
2. sureshkvl  Apr 22, 2016 13:01
RHP Claims that , they shifted the business from "Investment Trading" to Textile trading business . If they disclose October-March2016 results, that will show the real picture
1. SNBC  Apr 22, 2016 00:03
in 2014 sales 35000 rs
upt 31/3/2015 sales 6.26 lakh rs
and in 6mth sales upto 30/9/2015 equals to 7.42 cr rs.
doesnt it look suspicious.
are the sales real??
looks books are cooked
eps jumps from 0.06 to 2.79
means tock coming at pe of 3.5
i dont trust them from balancesheet.
within 6 mth so much multifold improvement.
ghus mat jaana ghushine me (;-
17.1. Septa  Apr 22, 2016 09:07
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)


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