Gulshan Sugars and Chemicals Ltd.(GSCL) was incorporated May 23, 1980 at Uttar Pradesh at Kanpur. It was converted into a Public Limited Company on March 18, 1986. Company is listed at BSE and its stock traded at 62.25 Rs on Nov 10 2006 (with face value 10 Rs).
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To expand the existing capacity by setting up a 20,000 TPA Ground Calcium Carbonate (GCC) Unit;
2. To set up an additional 3 MW captive power plant at its manufacturing facilities at Muzaffarnagar, Uttar Pradesh;
3. To meet the long-term working capital requirement of the company;
4. To raise resources for general corporate purposes;
5. To meet the expenses of the Issue;
6. To list the equity shares of Gulshan Sugars and Chemicals Limited, being offered, on the Bombay Stock Exchange Limited (where the Company’s existing equity shares are already listed), and to list the existing and proposed equity shares of the Company on the National Stock Exchange of India Limited (NSE); which together will enhance the Company’s brand name and provide liquidity to its existing and future shareholders.
| IPO Date | Nov 22, 2006 - Nov 28, 2006 |
| Issue Type | Fixed Price Issue FPO |
| Issue Size | 6,600,000 Eq Shares of ₹8 (aggregating up to ₹26.40 Cr) |
| Face Value | ₹8 Per Equity Share |
| IPO Price | ₹40 Per Equity Share |
| Market Lot | |
| Min Order Quantity | |
| Listing At | BSE |
| Listing Date | Thursday, December 28, 2006 |
| BSE Script Code | 524184 |
| NSE Symbol | |
| Listing In | |
| ISIN | |
| IPO Price | ₹40 Per Equity Share |
| Face Value | ₹8 Per Equity Share |
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Gulshan Sugars & Chemicals Ltd
Gulshan Sugars & Chemicals Limited,
9th K.M., Jansath Road,
Muzaffarnagar, Uttar Pradesh, India.
Phone: (0131) 3290287
Email: fpo@gulshanindia.com
Website: http://www.gulshanindia.com
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
Gulshan Sugars FPO is a main-board FPO of 6,600,000 equity shares of the face value of ₹8 aggregating up to ₹26.40 Crores.
The issue price of the FPO is ₹40 Per Equity Share. The minimum order quantity is per application and the offer type is Fixed Price Issue.
The FPO opens on Nov 22, 2006 and closes on Nov 28, 2006.
Bigshare Services Pvt Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE.
The Gulshan Sugars FPO opens on Nov 22, 2006 and closes on Nov 28, 2006.
Gulshan Sugars FPO 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.
The finalization of Basis of Allotment for Gulshan Sugars FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gulshan Sugars FPO allotment status.
Gulshan Sugars FPO lot size and the minimum order quantity is not available at this time. Please check again later.
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Just I have them on my DP through ICICIdirect