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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.
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.
| IPO Opening Date | May 9, 2007 |
| IPO Closing Date | May 15, 2007 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹48 per equity share |
| Market Lot | 125 Shares |
| Min Order Quantity | 125 Shares |
| Listing At | BSE, NSE |
| Issue Size | 8,220,000 Eq Shares of ₹10 (aggregating up to ₹39.46 Cr) |
The Glory Polyfilms IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 125 | ₹6,000 |
| Maximum | 33 | 4125 | ₹198,000 |
| Listing Date | Monday, June 18, 2007 |
| BSE Script Code | 532857 |
| NSE Symbol | GLORY |
| Listing In | B1 Group of Securities |
| ISIN | INE408H01012 |
| IPO Price | ₹48 per equity share |
| Face Value | ₹10 per equity share |
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Glory Polyfilms Ltd
201 Vintage Pearl,
A Wing, 29th Road,
Bandra (W), Mumbai - 400 050 (India)
Phone: +91-22-2651 4811
Email: ipo@glorypolyfilms.com
Website: http://www.glorypolyfilms.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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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 equity 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 125 Shares.
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.
Useful Articles
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.