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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
The promoters of the company are:
1. Mr. Alok B Jain
2. Mrs. Kalpana Jain
The object of the issue are to:
1. Augmenting additional working capital requirements;
2. Meeting Public Issue Expenses.
| IPO Opening Date | Apr 25, 2016 |
| IPO Closing Date | Apr 27, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 2,600,000 Eq Shares of ₹10 (aggregating up to ₹2.60 Cr) |
The Ghushine Fintrrade IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹100,000 |
| Maximum | 2 | 20000 | ₹200,000 |
As the issue is at par, risk savvy investors may consider investment for long term.
Read detail review...
| Listing Date | Thursday, May 5, 2016 |
| BSE Script Code | 539864 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE009U01011 |
| IPO Price | ₹10 per equity share |
| Face Value | ₹10 per equity share |
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Ghushine Fintrrade Ocean Ltd
203, Trividh Chambers,
Rushabh Petrol Pump Lane,
Ring Road, Surat - 395002
Phone: +91 261 2332122
Email: ghushine95e@gmail.com
Website: http://www.ghushine.com
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com
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 is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.
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.
The Ghushine Fintrrade IPO opens on Apr 25, 2016 and closes on Apr 27, 2016.
Ghushine Fintrrade IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.
You can apply in Ghushine Fintrrade IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
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.
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