|
|
Incorporated in 2008, Gretex Corporate Services Ltd is a financial and consultancy service provider in India. It is a SEBI registered merchant banker that key business activities include fund raising management activities, investment advisory, underwriting of issues, corporate advisory services, and more.
Initially, the company has started its business as a project finance service provider through banks and financial institutions but over the period, it has expanded its product portfolio and presently, offers services in different areas i.e. capital markets, corporate finance, debt syndication, corporate restructuring, and compliance advisory.
Product and Services
Competitive strengths
Mr. Arvind Harlalka, Mr. Alok Harlalka and M/s. Bonanza Agency LLP are the company promoters.
| Particulars | For the year/period ended (₹ in Lakh) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 1,011.22 | 838.21 | 946.16 | ||
| Total Revenue | 324.63 | 145.31 | 315.53 | ||
| Profit After Tax | 71.41 | (115.21) | 24.97 | ||
| IPO Opening Date | Jul 27, 2021 |
| IPO Closing Date | Jul 30, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹170 per equity share |
| Market Lot | 800 Shares |
| Min Order Quantity | 800 Shares |
| Listing At | BSE SME |
| Issue Size | 301,600 Eq Shares of ₹10 (aggregating up to ₹5.13 Cr) |
| Fresh Issue | 237,600 Eq Shares of ₹10 (aggregating up to ₹4.04 Cr) |
| Offer for Sale | 64,000 Eq Shares of ₹10 (aggregating up to ₹1.09 Cr) |
The Gretex Corporate Services IPO open date is Jul 27, 2021, and the close date is Jul 30, 2021. The issue may list on Aug 9, 2021.
| IPO Open Date | Jul 27, 2021 |
| IPO Close Date | Jul 30, 2021 |
| Basis of Allotment Date | Aug 4, 2021 |
| Initiation of Refunds | Aug 5, 2021 |
| Credit of Shares to Demat Account | Aug 6, 2021 |
| IPO Listing Date | Aug 9, 2021 |
The Gretex Corporate Services IPO market lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹136,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 800 | ₹136,000 |
| Maximum | 1 | 800 | ₹136,000 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.48% |
The Gretex Corporate Services IPO is subscribed 7.27 times on Jul 30, 2021 05:00. The public issue subscribed 12.17 in the retail category, in the QIB category, and 2.37 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.37 |
| RII | 12.17 |
| Total | 7.27 |
| Listing Date | Monday, August 9, 2021 |
| BSE Script Code | 543324 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE199P01028 |
| IPO Price | ₹170 per equity share |
| Face Value | ₹10 per equity share |
|
|
Gretex Corporate Services Ltd
Office No. 13, 1st Floor, Bansilal Mansion
9-15, Homi Modi Street, Fort
Mumbai – 400 001
Phone: +91 – 22 - 4002 5273
Email: info@gretexgroup.com
Website: http://www.gretexcorporate.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Gretex Corporate Services IPO is a SME IPO of 301,600 equity shares of the face value of ₹10 aggregating up to ₹5.13 Crores. The issue is priced at ₹170 per equity share. The minimum order quantity is 800 Shares.
The IPO opens on Jul 27, 2021, and closes on Jul 30, 2021.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Gretex Corporate Services IPO using UPI as a payment gateway. Zerodha customers can apply in Gretex Corporate Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gretex Corporate Services IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gretex Corporate Services IPO opens on Jul 27, 2021 and closes on Jul 30, 2021.
Gretex Corporate Services IPO lot size is 800 Shares and the minimum order quantity is 800 Shares.
You can apply in Gretex Corporate Services 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 Gretex Corporate Services IPO will be done on Aug 4, 2021, and the allotted shares will be credited to your demat account by Aug 6, 2021. Check the Gretex Corporate Services IPO allotment status.
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
