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Gretex Industries Ltd

Registered Office : 90 Phears Lane 5th Floor,P S Bow Bazaar,Kolkata West Bengal 700012 Phone :
Fax :

Email : sweta@gretexgroup.com

Website : www.gretexindustries.com

Public offer of 19,80,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 20/- per equity share (the "offer price") (including a share premium of Rs. 10/- per equity share) aggregating up to Rs. 3.96 crores (the "offer") by the company, consisting of a fresh issue of up to 10,56,000 equity shares by the company aggregating up to Rs. 2.11 crores (the "fresh issue") and offer for sale of 9,24,000 equity shares by promoter group selling sharholders i.e. Bonanza Agency Private Limited, talent investment company Private limited and promoter selling sharholder i.e. Ambition Tie-up Private Limited of which (collectively, the "selling shareholder") aggregating up to Rs. 1.85 crores (the "offer for sale"). The offer comprises a net offer to the public of 18,78,000 equity shares ( the "net offer) and a reservation of 1,02,000 equity shares aggregating up to Rs. 0.20 crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The offer and the net offer will constitute 47.01% and 44.59%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The offer price is Rs.20 and is 2.00 times of the face value of the equity shares.

Issue

Opens On

Closes On

30-Sep-2016

05-Oct-2016

Money Payable On

Application

Allotment

20.00

0.00

Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

3.96

0.00

20.00

Indian Overseas Bank

Pantomath Capital Advisors Pvt Ltd

Projects

Funding Working Capital Requirements

General Corporate Purpose

Promoted By

Ambuja Technologies Pvt Ltd

Ambition Tie-up Pvt Ltd

Arvind Harlalka

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd