Gulshan Sugars & Chemicals Ltd FPO (Gulshan Sugars FPO) Detail

Nov 22, 2006 - Nov 28, 2006

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).

Objects of the Issue:

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.

Gulshan Sugars FPO Details

IPO DateNov 22, 2006 - Nov 28, 2006
Issue TypeFixed Price Issue FPO
Issue Size6,600,000 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 AtBSE

Gulshan Sugars FPO Prospectus

Gulshan Sugars FPO Rating

0
0.0
Rating:Rated 0.0 stars

Vote Here ...

Gulshan Sugars FPO Listing Date

Listing DateThursday, December 28, 2006
BSE Script Code524184
NSE Symbol
Listing In
ISIN
IPO Price₹40 Per Equity Share
Face Value₹8 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹40.00
₹37.00
₹37.00
₹37.00
₹37.00
86,823

Gulshan Sugars FPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

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

Gulshan Sugars FPO Registrar

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 FAQs

  1. 1. What is Gulshan Sugars FPO?

    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.

  2. 2. When Gulshan Sugars FPO will open?

    The Gulshan Sugars FPO opens on Nov 22, 2006 and closes on Nov 28, 2006.

  3. 3. How to apply for Gulshan Sugars FPO?

    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.

  4. 4. When Gulshan Sugars FPO allotment?

    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.

  5. 5. When is Gulshan Sugars FPO listing date?

    The Gulshan Sugars FPO listing date is on Thursday, December 28, 2006, at BSE.
  6. 6. What is the lot size of Gulshan Sugars FPO?

    Gulshan Sugars FPO lot size and the minimum order quantity is not available at this time. Please check again later.

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Gulshan Sugars FPO Review / Comments

Murali
15. Murali  Dec 29, 2006 05:01
Hay Suresh,

Just I have them on my DP through ICICIdirect
SURESH
14. SURESH  Dec 28, 2006 20:16
Hi Murali,
Can you tell me how you got the allotment status?
Suresh
vipul
13. vipul  Dec 28, 2006 08:50
hi,give detail about ipo allotment

Murali
12. Murali  Dec 28, 2006 00:09
Hello guys I got 225 share...when will the listing
Ravi
11. Ravi  Dec 26, 2006 23:35
Hey, Any news about allotment of GSCL
SPC
10. SPC  Dec 26, 2006 23:28
Its already 26th Dec. When will Gulshan Sugars list?
Murali
9. Murali  Dec 24, 2006 01:59
Hello guys any news about this???
Sunil
8. Sunil  Dec 14, 2006 23:34
Guys, ne updates on the allotment / listing of Gulshan Sugars? Though, I'm not sure about its listing since its a FOO (Follow on Offer). Can someone give some thoughts on this?
Murali
7. Murali  Dec 7, 2006 00:41
Hi friends how about Gulshan Sugars is it going to give some thing or not
Ranee
6. Ranee  Dec 6, 2006 21:59
yes I applied for Guylshan Sugar. Hang on. It will pay something.
Sunil
5. Sunil  Nov 29, 2006 22:36
Hey, did anyone applied for Gulshan sugars? Ne comments, how it wud fare?
Vikram R
4. Vikram R  Nov 23, 2006 10:37
Hi Nilesh,
Blue Bird (India) Ltd. is subscribed - 5.04 times, which I personally feel that not a great oversubscription at this time where good IPO's are oversubscribing by more then 50 times. Do not regret and keep your cash ready for excellent IPO's coming in near future.

Gulshan Sugar, I think the last 6 months price (Rs.40/- to 60/-) is with face value 10 Rs. The FPO currently open is with the face value of 8Rs. Please confirm this and let us know too.
nilesh
3. nilesh  Nov 23, 2006 09:12
I feel that I have made a mistake by missing the IPO of Blue Bird Ltd. Till 21st, it was subscribed 0.74 % only and on the last day it has been oversubscribed by 228.41 % as per bseindia figures.
What's your opinion for Gulshan Sugar ? Can it fetch 15 to 20 % profit if we sell on allotment ? It's an FPO, already listed on BSE. Last ten months' average price shows between Rs.40/- to 60/-.
Vikram R
2. Vikram R  Nov 20, 2006 19:08
Money Times:
Gulshan Sugars & Chemicals Ltd., the largest producer of Calcium Carbonate is entering the capital market with its follow-on public issue of Rs.66,00,000 equity shares of Rs.8 each at a premium of Rs.32 per share aggregating to Rs.2640 lakh. The issue opens for subscription on Wednesday, 22nd November and closes on 28th November’06.

The company is raising equity capital to part-finance its plans to expand the existing capacity by setting up a 20,000 TPA Ground Calcium Carbonate (GCC) Unit and also to set up an additional 3 MW captive power plant at its manufacturing facilities at Muzaffarnagar, Uttar Pradesh. The funds raised would also be utilized to meet the long-term working capital requirements of the company and for general corporate purposes.

The company produces 19 different grades of Calcium Carbonate as its product has multiple end-uses with application across varied industries. Calcium Carbonate, a primary ingredient find application across a diverse set of industries, which include toot pastes & tooth powder, printing inks, paper, pharmaceuticals, paints and coatings, plastics, PVC, Cosmetics and other related industries. Its clientele includes Hindustan Lever, Colgate Palmolive, ITC, Asian Paints, Goodlass Nerolac, Berger Paints, Century Paper, Lakhani etc.
JP
1. JP  Nov 16, 2006 02:16
IfThis is an Vaerage issue, one can very well apply for this FPO. the reason is FPOs may not be subscribed more and the probability of gettingbthe shares is more. We can see an average profit.. I am Not sure whether this is an average issue lets wait and see






Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App