IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Giriraj Civil Developers Ltd

Registered Office : Off No 006/A Wing Ground Floor,Western Edge-2 Borivali (East),Mumbai Maharashtra 400066 Phone : 91-22-28906356
Fax :

Email : info@giriraj.biz

Website : www.giriraj.co

Public offer of 9,00,000 equity shares of Rs. 10/- each ("equity shares") of Giriraj Civil Developers Limited ("GCDL" or The "Company") for cash at a price of Rs. 100 per share (the "offer price"), aggregating to Rs. 9 crores ("the offer") consisting of fresh isue of 3,00,000 equity shares aggregating to Rs. 3 crores and an offer for sale of 6,00,000 equity shares by the selling shareholders aggregating to Rs. 6 crores ("offer for sale"), of which upto 48,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of upto 8,52,000 equity shares of Rs. 10/- each is hereinafter referred to as the "net offer". The offer and the net offer will constitute 27.74% and 26.26%, respectively of the post offer paid up equity share capital of the company. The Face value of the equity share is Rs. 10 and the offer price is 10 times of the face value.

Issue

Opens On

Closes On

19-Mar-2018

21-Mar-2018

Money Payable On

Application

Allotment

100.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

3.00

9.00

3.24

100.00

Aryaman Financial Services Ltd

Projects

Repayment of unsecured loanns

Expenditure for general corporate purposes

Promoted By

Mahesh Shah

Mamta Shah

Listing At

NSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd