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Gleam Fabmat Limited IPO

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Issue Open Feb 19, 2019
Issue Close Feb 22, 2019
Price Band ₹ 10
Face Value Rs 10 Per Equity Share
Issue Size ₹. 3.12 Cr
Listing Exchange BSE SME
Issue Type Fixed Price Issue
Cut off time for UPI Mandate Confirmation -
Allotment Details -
Refunds -
Credit of Shares to Demat -
Listing On Mar 05, 2019
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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