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Globe International Carriers Limited Rights Issue (Globe International Carriers Rights Issue 2023) Detail

October 4, 2023 - October 12, 2023
Globe International Carriers Limited Logo

Globe International Carriers Limited provides end-to-end Transport and logistics services.

The company offers Transportation of all types of industrial goods, Bulk transportation, Full truckload services from door to door, Logistics services, Supply chain management, Coastal cargo management, Warehousing management, C & F Operations, Surface Transportation, Rail Cargo Movement, International Freight Forwarding, Custom Clearance, Transportation by open or closed body vehicles, Two, three and four wheeler vehicle transportation, Insurance through reputed insurance houses, and Packing of Household & Industrial Goods with Quality Material & Unpacking at destination.

The company has over 100 employees and a PAN India branch network of over 29 branches across all major industrial towns and port cities.

Globe International Carriers' clientele comes from the Metal industry, engineering goods, and other diversified industries as well as in general commodities such as food, cotton textiles, apparel, furniture, appliances, pharmaceutical products, rubber, plastics, metal and metal products, wood, glass, automotive parts and machinery.

Globe International Carriers Rights Issue 2023 Detail

Issue Open October 4, 2023 - October 12, 2023
Security Name Globe International Carriers Limited
Issue Size (Shares) 4,823,640
Issue Size (Amount) ₹23.88 Crores
Issue Price ₹49.5 per share
Face Value ₹10 per share
Listing At NSE
Terms of Payment

Full amount of Rs. 49.50 per Equity Share is payable on application.

Entitlement 6 Rights Equity Share(s) for every 25 fully paid-up Equity Shares held on Record Date

Globe International Carriers Rights Issue 2023 Issue Timetable

Last Date to buy sharesSeptember 21, 2023
Record Date September 22, 2023
Credit of Rights Entitlements
Bid/Offer Opens On October 4, 2023
Renunciation of Rights Entitlements October 9, 2023
Bid/Offer Closes On October 12, 2023
Deemed Date of Allotment October 19, 2023
Credit Date October 25, 2023
Listing Date October 27, 2023

Company Financials

Globe International Carriers Rights Issue 2023 Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets48.1363.5659.84
Revenue80.21107.76113.86
Profit After Tax0.901.441.92
Net Worth24.8926.3328.25
Reserves and Surplus16.2814.848.15
Total Borrowing17.1518.6317.39
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To finance the expenditure for the construction of Warehouses.
  2. To meet General corporate purposes.
  3. To meet the expenses of the Issue.

Globe International Carriers Rights Issue 2023 Subscription Status

Globe International Carriers Rights Issue 2023 got oversubscribed by 1.18 times by the end of the bidding period with total bid quantity received by NSE of 5,682,000 shares.

Globe International Carriers Rights Issue 2023 Documents

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Company Contact Information

Globe International Carriers Limited
301-306, Prakash Deep Complex,
Near Mayank Trade Centre,
Station Road, Jaipur- 302006

Phone: 0141- 2361794
Email: info@gicl.co
Website: http://www.gicl.co/

Globe International Carriers Rights Issue 2023 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: globeinternational.rights@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Globe International Carriers Rights Issue 2023 Lead Manager(s)

Globe International Carriers Rights Issue 2023 FAQs

The Globe International Carriers Rights Issue 2023 opens on October 4, 2023, and closes on October 12, 2023.

Globe International Carriers Rights Issue 2023 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsOctober 9, 2023
Issue Opening DateOctober 4, 2023
Issue Closing DateOctober 12, 2023
Date of Allotment (on or about)October 19, 2023
Date of Credit (on or about)October 25, 2023
Date of Listing (on or about)October 27, 2023

Globe International Carriers Rights Issue 2023 price is set at ₹49.5 per share per equity share.

The eligible shareholders are being offered 6 Rights Equity Share(s) for every 25 fully paid-up Equity Shares held on Record Date (September 22, 2023).

The record date for the Globe International Carriers Rights Issue 2023 is September 22, 2023.

The issue size of Globe International Carriers Rights Issue 2023 is of 4,823,640 equity shares at ₹49.5 per share aggregating upto ₹23.88 Crores.

The Letter of Offer for Globe International Carriers Rights Issue 2023 can be download here.

You can apply for Globe International Carriers Rights Issue 2023 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Globe International Carriers Rights Issue 2023 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Globe International Carriers Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Globe International Carriers Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Globe International Carriers Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Globe International Carriers Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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