Gleam Fabmat IPO – Upcoming IPO Issue in February 2019

Gleam Fabmat IPO: Gleam Fabmat Limited, a Delhi-based company engaged in the business of aluminium products is issuing the IPO (Initial Public Offering) from 19-February-2019 to 22-February-2019.

gleam fabmat ipo

Gleam Fabmat IPO – Issue Details
Issue Type Fixed Price IPO Issue
Issue Open 19-February-2019
Issue Closes 22-February-2019
Face Value Rs 10 per Equity Share
Issue Price Rs 10 per Equity Share
Issue Size 3,120,000 equity shares of Rs 3.12 Crores
Minimum Order 10,000 Shares
Listing BSE SME
(Read: IPO process in India Steps)
Gleam Fabmat IPO – Objects of the Issue

According to the Gleam Fabmat Limited, following are the objects of the IPO issue:-

  1. To meet the working capital requirements, and
  2. To meet the funding expenditures for general corporate purpose.
About Gleam Fabmat Limited

Gleam Fabmat Limited was incorporated in the year 2018 in Delhi. Prior to this incorporation, their business was being run with the name M/S J. P. Metals. This company is engaged in the trade of a wide range of aluminium products. It trades the products such as aluminium sheets, aluminium coils, rivets and textile products. Please visit the company’s website for further details about the company.

As on 30th September 2018, the total assets of the company is Rs 1,519.99 lakhs and the total revenue is Rs 1,022.22 lakhs.

 

Promoters: The company has the following promoters:-

  1. Mr Anil Kumar Gupta,
  2. Mr Amit Gupta, and
  3. Mr Arun Gupta

Registered Office: 5504/15, G/F, Basti Harpool Singh, Sadar Bazar, North Delhi – 110 006.

Telephone: +91-806821160

Website: www.gfl.org.in

Gleam Fabmat IPO – Lead Manager to the Issue

Aryaman Financial Services Limited

60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001.
Telephone: +91 – 22 – 6216 6999.

Gleam Fabmat IPO – Registrar to the Issue

Bigshare Services Private Limited

 

Click here to see the final prospectus of the Kranti Industries IPO issue.

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Disclaimer: This post is just information about the issue. It does not give any advice or recommendation. Investments into securities are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions. 

Tags: #IPO #Stock Market #Gleam Fabmat IPO #investments #Upcoming IPO Issues

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