Gleam Fabmat Limited IPO

Gleam Fabmat Limited

Issue Open

Feb 19, 2019

Price Band

₹ 10

Issue Size

₹. 3.12 Cr

Credit of Shares to Demat

-

Issue Close

Feb 22, 2019

Bid Lot

10000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue

Minimum Order Quantity

10000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Mar 05, 2019

Refunds

-

About the company:

Gleam Fabat Limited is currently engaged in dealing diversified range of aluminium commodities. The registered office of the company is located at Premises No. 5504/15, Basti Harpool Singh, Sardar Bazar. New Delhi - 110006.

Date of Incorporation: It was incorporated as ‘Gleam Fabmat Limited’ on 20th June 2018 under the Companies Act, 2013 with Registrar of Companies, New Delhi.

  Promoters of Gleam Fabmat Limited: Mr Amit Gupta, Mr Arun Gupta and Mr Anil Kumar Gupta are the promoters of the Gleam Fabmat Limited.

Products and Services Offering: The Company offers wide diversified aluminium products that include:

- Aluminium Sheets.

  • - Aluminium Coils.

  • - Aluminium Extruded Profile.

  • - Rivets.

Besides these, it also offers Textile Products like fabric.

Customer Segments: It primarily focuses on the B2B model wherein it performs as an intermediary wherein goods are obtained from the from the supplier on often cash basis and delivered to customers on a credit basis. As on 30 September, 2018 its top 10 clients contribution in overall revenue was 85.70%.

Objects of the Issue: The core objectives of this issue are:

  • - Finance Working Capital Needs (Rs. 248.95 Lacs).

  • - Fulfilling General Corporate Expenses (Rs. 20.49 Lacs).

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)


30-Sep-18

Total Assets

1,519.99

Total Revenue

1,022.22

Profit After Tax

20.99

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