Gleam Fabmat Limited IPO

Add to Calendar 2019-02-19 12:00 AM 2019-02-22 12:00 AM Asia/Kolkata Gleam Fabmat Limited IPO Gleam Fabmat Limited India

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

Issue Detail

  • Issue Open: Feb 19, 2019
  • Issue Close: Feb 22, 2019
  • Issue Type: Fixed Price Issue
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 10 Per Equity Share
  • Bid Lot:10000 Shares
  • Minimum Order Quantity:10000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs. 3.12 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 1,480,000 1,480,000 - - 2,960,000
Day 1 - Feb 19, 2019IST - 0.11x 0.01x - - 0.06x
Day 2 - Feb 20, 2019IST - 2.26x 0.43x - - 1.35x
Day 3 - Feb 21, 2019IST - 2.26x 0.48x - - 1.37x
Day 4 - Feb 22, 2019IST - 2.74x 0.76x - - 1.75x

Listing Day Trading Information

- BSE NSE
Issue Price Rs 10.00 -
Open Rs 9.00 -
Low Rs 8.55 -
High Rs 9.00 -
Last Trade Rs 8.55 -
Volume 1,000,000 -

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