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Gleam Fabmat Limited IPO (Gleam Fabmat IPO) Detail

February 19, 2019 - February 22, 2019

Gleam Fabmat IPO is a fixed price issue of Rs 3.12 crores.

Gleam Fabmat IPO bidding started from February 19, 2019 and ended on February 22, 2019. The allotment for Gleam Fabmat IPO was finalized on Wednesday, February 27, 2019. The shares got listed on BSE SME on March 5, 2019.

Gleam Fabmat IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Aryaman Financial Services Limited is the book running lead manager of the Gleam Fabmat IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Gleam Fabmat IPO RHP for detailed information.

Gleam Fabmat IPO Details

IPO Date February 19, 2019 to February 22, 2019
Listing Date March 5, 2019
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size3,120,000 shares
(aggregating up to ₹3.12 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion160,000 shares

Gleam Fabmat IPO Reservation

Gleam Fabmat IPO offers 3,120,000 shares. 1,480,000 (47.44%) to NII, 1,480,000 (47.44%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered160,000 (5.13%)
Other Shares Offered1,480,000 (47.44%)
Retail Shares Offered1,480,000 (47.44%)
Total Shares Offered3,120,000 (100%)

Gleam Fabmat IPO Timeline (Tentative Schedule)

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

IPO Open Date Tuesday, February 19, 2019
IPO Close Date Friday, February 22, 2019
Basis of Allotment Wednesday, February 27, 2019
Initiation of Refunds Thursday, February 28, 2019
Credit of Shares to Demat Friday, March 1, 2019
Listing Date Tuesday, March 5, 2019
Cut-off time for UPI mandate confirmation 5 PM on February 22, 2019

Gleam Fabmat IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

Gleam Fabmat IPO Promoter Holding

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.

Share Holding Pre Issue 100%
Share Holding Post Issue 68.86%

About Gleam Fabmat Limited

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 Financials

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

Objects of the Issue (Gleam Fabmat IPO Objectives)

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 Review (May apply)

[Dilip Davda]  

The company has shown just four months working in offer documents. Based on it the issue is appearing fully priced. LM has average track record. Cash surplus risk savvy investors may consider investment in this offer at their own risk.

Read detail review...

Gleam Fabmat IPO Subscription Status (Bidding Detail)

The Gleam Fabmat IPO is subscribed 1.75 times on February 22, 2019 7:49:03 PM. The public issue subscribed 0.76 times in the retail category, times in the QIB category, and 2.74 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Gleam Fabmat IPO Prospectus

Gleam Fabmat IPO Rating

Rating:Rated 2.9 stars
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Gleam Fabmat IPO Listing Details

Listing Date March 5, 2019
BSE Script Code 542477
NSE Symbol
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Gleam Fabmat Limited Contact Details

Gleam Fabmat Limited
5504/15, G/F,
Basti Harpool Singh,
Sadar Bazar, North Delhi - 110 006
Phone: +91 80682 11160

Gleam Fabmat IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Gleam Fabmat IPO - Buy or Not

Gleam Fabmat IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Gleam Fabmat IPO FAQs

Gleam Fabmat IPO is a SME IPO of 3,120,000 equity shares of the face value of ₹10 aggregating up to ₹3.12 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on February 19, 2019, and closes on February 22, 2019.

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

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

Gleam Fabmat IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in Gleam Fabmat 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Gleam Fabmat IPO listing date is on March 5, 2019.
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Gleam Fabmat IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



6. shivani |   Link |  Bookmark |March 5, 2019 9:22:39 AM
very poor listing
6.1. Small Investor |   Link |  Bookmark |March 5, 2019 9:49:23 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
next target is 3-5
5. Priyansh Agrawal |   Link |  Bookmark |February 22, 2019 1:24:47 PM
DEAR Rajkumar you aply in sme
4. traderji |   Link |  Bookmark |February 22, 2019 12:53:22 PM
It is trap for retail investor
NII subscription is same no improvement.
3. Hiteshji |   Link |  Bookmark |February 21, 2019 8:12:16 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
2. RAJAKUMAR |   Link |  Bookmark |February 21, 2019 7:48:22 AM (1400+ Posts, 1200+ Likes)
Dear Small
Subscription surprised. Last two days subscription whether trap retail or not we can know after the final day only.
2.1. Small Investor |   Link |  Bookmark |February 21, 2019 10:33:37 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ 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
1. Small Investor |   Link |  Bookmark |February 16, 2019 11:53:33 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
Simply Avoid
its Peer Company
Garv Industries issue 10 and Now around 6.5
Avoid avoid and save Your Hard Money