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G V Electricals Ltd
G V Electricals Ltd
Registered Office : #.324 3rd Flr #.416 Hamm.Indu-,Pre.Co-op Soc.Ltd Narayan Pat.,Mumbai Maharashtra 400016 Phone : 011 4308 3804
Fax :
Email : company.secretary@gvelectricals.com
Website : www.gvelectricals.com
Initial public offer of upto 32,50,000 equity shares of face value of Rs.10/- each (the "equity shares") of G V Electricals Ltd ("the company" or "GVEL" or "the issuer") at an offer price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores("public offer") comprising of a fresh issue of upto 30,00,000 equity shares aggregating to Rs.[*] (the "fresh issue") and an offer for sale of upto 2,50,000 equity shares by the promoter selling shareholders, Jawed Akhtar and Sunil Lakshman Vatsa (hereinafter refferd as "promoter selling shareholders") aggregating to Rs.[*] crores ("offer for sale"), out of which [*] equity shares of face value of Rs.10/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. offer of [*] equity shares of face value of Rs.10/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores is herein after referred to as the "net offer". The public offer and net offer will constitute 28.81% and [*] % respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.
Opens On
Closes On
01-Jan-1970
01-Jan-1970
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Seren Capital Private Limited
- Repayment of a portion of certain borrowings availed by its Company
- Funding of Working Capital Requirements
- General corporate purposes
- Jawed Akhtar
- Sunil Lakshman Vatsa
- Furquan Akhtar
- BSE - SME
- Mudra RTA Ventures Pvt Ltd
