Glory Polyfilms Ltd IPO (Glory Polyfilms IPO) Detail

May 9, 2007 - May 15, 2007

Incorporated in 1997, Glory Polyfilms Limited (GPL) is in business of packaging & printing for various segments of food and FMCG industry. GPL is a manufacturing company with ISO 9001:2000 and HACCP certification from TUV South Asia Private Limited.

Glory Polyfilms clients include large institutions, large scale industries, Co-operative unions, Boards and various small scale industries encompassing industries like Confectionery, Edible Oils, Atta, Flour, Tea, Milk Powder, Soft Drink Concentrates, Rice, Baking products, Ghee, Coffee, Vanaspati, Cereals, Chocolates, Biscuits, snack foods, Milk, Cheese, Hair Oil, Shampoo, Cosmetics, Detergent, Lube Oils and various other industries.

GPL's plant is located at Daman, approximately 160 km from City of Mumbai. This plant manufactures 3 layer and 5 layer barrier multi layer films. This plant has printing facility with automatic registration control and can print up to 8 colors and also has Solvent based and Solvent -less Lamination facility.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
1. To part finance the expansion of Multilayer film producing capacity by 11652 MTPA, printing capacity by 4956 MTPA and lamination capacity by 3500 MTPA;
2. To meet the working capital margin requirements of the Company on account of the proposed expansion.

Glory Polyfilms IPO Details

IPO Date May 9, 2007 to May 15, 2007
Listing Date Monday, June 18, 2007
Face Value ₹10 per share
Price ₹48 per share
Lot Size 125 Shares
Issue Size8,220,000 shares of ₹10
(aggregating up to ₹39.46 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE, NSE

Glory Polyfilms IPO Lot Size

The Glory Polyfilms IPO lot size is 125 shares. A retail-individual investor can apply for up to 33 lots (4125 shares or ₹198,000).

Application Lots Shares Amount
Retail (Min) 1 125 ₹6,000
Retail (Max) 33 4125 ₹198,000

Glory Polyfilms IPO Prospectus

Glory Polyfilms IPO Rating

Rating:Rated 3.4 stars
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Glory Polyfilms IPO Listing Date

Listing Date Monday, June 18, 2007
BSE Script Code 532857
Listing In B1 Group of Securities
ISIN INE408H01012
IPO Price ₹48 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Glory Polyfilms Ltd
201 Vintage Pearl,
A Wing, 29th Road,
Bandra (W), Mumbai - 400 050 (India)
Phone: +91-22-2651 4811

Glory Polyfilms IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Glory Polyfilms IPO Review

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Glory Polyfilms IPO FAQs

Glory Polyfilms IPO is a main-board IPO of 8,220,000 equity shares of the face value of ₹10 aggregating up to ₹39.46 Crores. The issue is priced at ₹48 per share. The minimum order quantity is 125 Shares.

The IPO opens on May 9, 2007, and closes on May 15, 2007.

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

The Glory Polyfilms IPO opens on May 9, 2007 and closes on May 15, 2007.

Glory Polyfilms IPO lot size is 125 Shares and the minimum order quantity is .

You can apply in Glory Polyfilms 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 Glory Polyfilms IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Glory Polyfilms IPO allotment status.

The Glory Polyfilms IPO listing date is on Monday, June 18, 2007.
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Glory Polyfilms IPO Message Board

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15. REKHA |   Link |Jun 18, 2007 1:35:23 PM
HI Tanushree (at 12 msg).
I was thinking you were an expert in IPOs.You are getting off the track in most of your analysis(sic) if it can be called that at all.You better stay away for some time and take some rest.Come back after watching the market quietly from the sidelines.You had grandly written
"Will Fall to Rs 28 on the same day"!!!High hopes.
Even at 12.30 going strong at Rs 60 having given excellent opportunity to all IPO allottees to make money and exit.
Why don't you people keep quiet when you don't know much, pseudo expert.
You were wrong about Advanta also by a wide margin.
Bye.Happy Wanawas to you.
14. REKHA |   Link |Jun 18, 2007 11:23:48 AM
Hi All,
What an opening!!!!
This was again a FPO.Not fancied at all.All retail apps allotted in full.Opens at 48, a high of 84 and at 10.15 AM trading at 64 and an average price of 66.06 at NSE with a volume of 2545718 shares.What more do you want???An appreciation of 33% for full allotment.For Rs 48000 allotted 1000 shares.Sell at 66, a profit of Rs 18000 which the fancied issues are not giving.Moral of the story.You may win some and lose some but apply to all issues.You are not going to lose your entire money.Once in a while you will hit a jackpot like Glory.That will cover some other issue's bad opening.Also remember Advanta.Glory to Investor's Glory.
Keep running.If you stop you are not going anywhere.
No risk no gain in the stock market.DLF will be another surprise winner wherein retail investors have lost out.Just wait and watch.
13. hemant |   Link |Jun 18, 2007 11:16:20 AM
This stock is having good listing man..
12. tanushree |   Link |Jun 16, 2007 2:15:33 AM
glory polyfilm listing at 40 rs will fall to 28-30 rs on same day
11. TANUSHRI |   Link |Jun 15, 2007 7:46:32 PM


Application No. 1661840




No. of Shares Applied 125


No. of Shares Alloted 125


Amount Refunded 0.00



10. Ashok |   Link |Jun 14, 2007 12:48:16 AM
Glory poly film is not that as far there technolgy and clientele is considered
9. kris |   Link |Jun 12, 2007 3:27:52 PM
glory polyfilms allocation is an SMS from direct
8. vicky |   Link |Jun 7, 2007 3:28:55 PM
No problem of the delay but any specific reason b/h the delay in allotment of shares ? anyways any tentative date for allotment ? money needs to be used for upcoming running ipo's behind.
7. SONA |   Link |Jun 7, 2007 1:32:23 AM
I dont know why people are in hurry about glory polyfilms ltd. on listing allotee will definately going to loose money. so why hurry.
6. RATAN PURI GOSWAMI |   Link |Jun 6, 2007 9:36:39 PM
golry poly filma ltd. share application states applocation no 1661840
5. PANKAJ |   Link |Jun 6, 2007 7:03:52 PM


4. pankaj |   Link |May 31, 2007 7:00:45 PM
pl. inform me glory ipo allotment & listing date


3. pankaj |   Link |May 23, 2007 2:08:11 PM
pl.inform me glory polyfilm ipo subscription & allotment & listing details


pankaj patel
2. raghu |   Link |May 12, 2007 3:52:01 PM
Can any one tell me how many times goly polyfimls limited subcribed up to now ?I am planing to invest if there is good response up to now,till3 more days left
1. amitkumararora |   Link |May 8, 2007 8:31:26 PM
Hi Fellow Boarders

anybody having concrete informaion on this IPO.
As this is a fixed price IPO we cant get the details of oversubscription to decide whether to apply or not.