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June 29, 2018 - July 3, 2018

Ganga Forging (GFL) IPO FAQ

Ganga Forging (GFL) IPO Date & Price

The Ganga Forging (GFL) IPO opens on June 29, 2018 and closes on July 3, 2018.

Ganga Forging (GFL) IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 29, 2018
  • Bid/Offer Closes On: July 3, 2018
  • Finalization of Basis of Allotment: July 6, 2018
  • Initiation of refunds: July 9, 2018
  • Credit of Equity Shares: July 10, 2018
  • Listing Date: July 11, 2018

Ganga Forging (GFL) IPO price is set at ₹21 per equity share.

Ganga Forging (GFL) IPO will close for subscription at 5 PM on July 3, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Ganga Forging (GFL) IPO starts on June 29, 2018. The issue ends on July 3, 2018.

Ganga Forging (GFL) IPO Issue Size and Subscription Status

The Ganga Forging (GFL) IPO size is 2382000 Equity Shares of ₹10 aggregating up to ₹5.00 Cr.

Ganga Forging Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Ganga Forging (GFL) IPO shares through the banks (using ASBA) or through the broker (using UPI).

Ganga Forging (GFL) IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,128,000 Shares
Retail Individual Investor (RII)1,128,000 Shares
Employee Reservations0 Shares
Other Reservations126,000 Shares
Total Issue Size2,382,000 Shares

Ganga Forging (GFL) IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)0.84 times times
Retail Individual Investor (RII)2.80 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.78 times times

Click here to check the Ganga Forging (GFL) IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Ganga Forging (GFL) IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Ganga Forging (GFL) IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Ganga Forging (GFL) IPO Allotment and Listing

The Ganga Forging (GFL) IPO allot status will be available online on July 6, 2018. Check the Ganga Forging (GFL) IPO Allotment Status here.

Click here to check Ganga Forging (GFL) IPO Allotment Status.

Ganga Forging (GFL) IPO listing Date is July 11, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Ganga Forging (GFL) IPO listing date and time is published by the exchange in a circular.

Click here to view the Ganga Forging (GFL) IPO Basis of Allotment.

It is hard to say at what price Ganga Forging (GFL) IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Ganga Forging (GFL) IPO shares will list on July 11, 2018 at NSE SME.

Ganga Forging (GFL) IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Ganga Forging (GFL) IPO which could help you with questions like Ganga Forging (GFL) IPO buy or not? You should also read Ganga Forging (GFL) IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Ganga Forging (GFL) IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Ganga Forging (GFL) IPO performance. The performance reports are available 1 day after listing.