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 – Issue Details
|Issue Type||Fixed Price IPO Issue|
|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|
(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:-
- To meet the working capital requirements, and
- 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:-
- Mr Anil Kumar Gupta,
- Mr Amit Gupta, and
- Mr Arun Gupta
Registered Office: 5504/15, G/F, Basti Harpool Singh, Sadar Bazar, North Delhi – 110 006.
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
Click here to see the final prospectus of the Kranti Industries IPO issue.
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