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Gleam Fabmat Limited IPO (Gleam Fabmat IPO) Detail

Feb 19, 2019 - Feb 22, 2019

Incorporated in 2018, Delhi based Gleam Fabmat Limited is a company engaged in the trading of a wide range of aluminium products such as Aluminium Sheets, Aluminium Coils, Rivets and textiles products.

The Company plans to leverage its promoter networks in the trading community to grow its business. It has expanded its verticals by venturing into Fabric segment. It is also developing a strong team to meet its proposed operational needs.

In the first four months of its operations, the company has posted sales, EBITDA and PAT as Rs. 1,022.22 lakhs, Rs. 30.82 lakhs and Rs. 20.99 lakhs respectively.

Company Promoters:

The promoters of the company are Anil Kumar Gupta, Amit Gupta and Arun Gupta. They hold 68,85,000 Equity Shares in aggregate, representing 99.81% of the issued, subscribed and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-18
Total Assets 1,519.99
Total Revenue 1,022.22
Profit After Tax 20.99

Objects of the Issue:

The objectives of the issue are to raise funds for:

1. Working capital requirements- Rs 248.95 lakhs
2. Funding expenditure for General Corporate Purposes- Rs 20.49 lakhs

Gleam Fabmat IPO Details

Issue OpenFeb 19, 2019 - Feb 22, 2019
Issue TypeFixed Price Issue IPO
Issue Size3,120,000 Eq Shares of ₹10
(aggregating up to ₹3.12 Cr)
Face Value₹10 Per Equity Share
Issue Price₹10 Per Equity Share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME

Gleam Fabmat IPO Tentative Date / Timetable

Bid/Offer Opens OnFeb 19, 2019
Bid/Offer Closes OnFeb 22, 2019
Finalisation of Basis of AllotmentFeb 27, 2019
Initiation of RefundsFeb 28, 2019
Credit of Shares to Demat AcctMar 1, 2019
IPO Shares Listing DateMar 5, 2019

Gleam Fabmat IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum110000₹100,000
Maximum220000₹200,000

Gleam Fabmat IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding68.86%

Gleam Fabmat IPO Subscription Status (Bidding Detail)

Gleam Fabmat IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,480,000

1,480,000

2,960,000

Feb 22, 2019 19:49

2.74x

0.76x

1.75x

Gleam Fabmat IPO Prospectus

Gleam Fabmat IPO Rating

27
2.9
Rating:Rated 2.9 stars

Vote Here ...

Gleam Fabmat IPO Listing Date

Listing DateTuesday, March 5, 2019
BSE Script Code542477
NSE Symbol
Listing In
ISININE03CM01014
Issue Price₹10 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
₹10.00
₹9.00
₹8.55
₹9.00
₹8.55
1,000,000

Gleam Fabmat IPO Reviews / Ratings

Company Contact Information

Gleam Fabmat Limited
5504/15, G/F,
Basti Harpool Singh,
Sadar Bazar, North Delhi - 110 006

Phone: +91 80682 11160
Email: info@gfl.org.in
Website: http://www.gfl.org.in/

Gleam Fabmat IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Gleam Fabmat IPO FAQs

  1. 1. What is Gleam Fabmat IPO?

    Gleam Fabmat IPO is an SME initial public offering of 3,120,000 equity shares of the face value of ₹10 aggregating up to ₹3.12 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 Feb 19, 2019 and closes on Feb 22, 2019.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Gleam Fabmat IPO will open?

    The Gleam Fabmat IPO opens on Feb 19, 2019 and closes on Feb 22, 2019.

  3. 3. How to apply for Gleam Fabmat IPO?

    Gleam Fabmat 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 Gleam Fabmat IPO allotment?

    The finalization of Basis of Allotment for Gleam Fabmat IPO will be done on Feb 27, 2019, and the allotted shares will be credited to your demat account by Mar 1, 2019. Check the Gleam Fabmat IPO allotment status.

  5. 5. When is Gleam Fabmat IPO listing date?

    The Gleam Fabmat IPO listing date is on Tuesday, March 5, 2019, at BSE SME.

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Gleam Fabmat IPO Review / Comments

shivani
6. shivani  Mar 5, 2019 09:22 I Like It. | Report Abuse
very poor listing
Small Investor
6.1. Small Investor  Mar 5, 2019 09:49 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
next target is 3-5
Priyansh Agrawal
5. Priyansh Agrawal  Feb 22, 2019 13:24 I Like It. | Report Abuse
DEAR Rajkumar you aply in sme
traderji
4. traderji  Feb 22, 2019 12:53 I Like It. | Report Abuse
It is trap for retail investor
NII subscription is same no improvement.
Hiteshji
3. Hiteshji  Feb 21, 2019 20:12 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Avoid....
RAJAKUMAR
2. RAJAKUMAR  Feb 21, 2019 07:48 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Small
Subscription surprised. Last two days subscription whether trap retail or not we can know after the final day only.
Small Investor
2.1. Small Investor  Feb 21, 2019 10:33 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Yes Boss i Agree with You
In Ritco More the 7 lk Buyers against 3lk + Seller
Whats happening ?
Can Retailers Trap ? to see high buyers volume
Small Investor
1. Small Investor  Feb 16, 2019 11:53 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Simply Avoid
its Peer Company
Garv Industries issue 10 and Now around 6.5
Avoid avoid and save Your Hard Money



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