Incorporated in 1999, Gyscoal Alloys Limited (GAL) is in the business of trading of iron & steel products and steel rolling mill.
Company's products portfolio includes Angles, Bright Bars, Black Bars, Flats, Hexagonal and Round Corner Squares (RCS) products which include channels, sections, pata-patti, full line of Round Corner Squares (RCS) and rectangles in standard sizes. The Company also manufactures squares, and Flat in sizes of the specification as per requirement of its customers.
The Company’s products adhere to high quality standards and it has got ISO 9001:2008 certification for the manufacture and supply of stainless steel and mild steel based angles, channels, flats, round, square, bright, twisted bars, billets and ingots adhering to IS 2062 & IS 1786 from BSI Management Systems.
The Promoters of the Company are:
1. Mr. Viral M. Shah
2. Mr. Manish M. Shah
3. Mrs. Giraben K. Solanki
4. Mr. Zankarsinh K. Solanki
5. General Capital And Holding Company Private Limited
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | |
Total Income | 12,558.15 | 13,238.18 | 7,776.26 | 3,248.96 | 670.11 | |
Profit After Tax (PAT) | 178.86 | 730.55 | 280.18 | 56.48 | 22.21 |
The Object of the issue are:
1. To finance capital exp. for enhancing production;
2. To meet the long term working capital requirements;
3. To meet general corporate purpose.
IPO Opening Date | Oct 13, 2010 |
IPO Closing Date | Oct 15, 2010 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹65 to ₹71 per equity share |
Market Lot | 90 Shares |
Min Order Quantity | 90 Shares |
Listing At | BSE, NSE |
Issue Size | 7,700,000 Eq Shares of ₹10 (aggregating up to ₹54.67 Cr) |
The Gyscoal Alloys IPO market lot size is 90 shares. A retail-individual investor can apply for up to 31 lots (2790 shares or ₹198,090).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 90 | ₹6,390 |
Maximum | 31 | 2790 | ₹198,090 |
CARE has assigned an IPO Grade 2 to Gyscoal Alloys Ltd IPO. This means as per CARE company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Gyscoal Alloys Ltd.
h2>Gyscoal Alloys Ltd IPO Tags:Gyscoal Alloys IPO, Gyscoal Alloys IPO, Gyscoal Alloys IPO Bidding, Gyscoal Alloys IPO Allotment Status, Gyscoal Alloys drhp and Gyscoal Alloys Ltd IPO listing.
The Gyscoal Alloys IPO is subscribed 8.59x times on Oct 15, 2010 17:00. The public issue subscribed 8.00x in the retail category, 1.54x in the QIB category, and 33.44x in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
QIB | 1.54x |
NII | 33.44x |
RII | 8.00x |
Total | 8.59x |
Listing Date | Wednesday, October 27, 2010 |
BSE Script Code | 533275 |
NSE Symbol | GAL |
Listing In | B |
ISIN | INE482J01013 |
IPO Price | ₹71 per equity share |
Face Value | ₹10 per equity share |
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Gyscoal Alloys Ltd
2nd Floor Mrudul Tower,
B/H Times of India Ashram Road,
Ahmedabad - 380009, Gujarat
Phone: 91 79 66614508
Email: info@gyscoal.com
Website: http://www.gyscoal.com/
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: gal.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Gyscoal Alloys IPO is a main-board IPO of 7,700,000 equity shares of the face value of ₹10 aggregating up to ₹54.67 Crores. The issue is priced at ₹65 to ₹71 per equity share. The minimum order quantity is 90 Shares.
The IPO opens on Oct 13, 2010, and closes on Oct 15, 2010.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Gyscoal Alloys IPO opens on Oct 13, 2010 and closes on Oct 15, 2010.
Gyscoal Alloys IPO lot size is 90 Shares and the minimum order quantity is 90 Shares.
You can apply in Gyscoal Alloys 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 Gyscoal Alloys IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gyscoal Alloys IPO allotment status.
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