Gelam fabmet listed today at 14.5% Down.
Gleam Fabmat Limited IPO
(i) The business was originally being run as a proprietorship named J P Metals. Further, the company is incorporated on June 20, 2018, as a public limited company under the name ‘Gleam Fabmat Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Delhi with a vision to corporatize our business. An MOU dated September 15, 2018, has been entered into to give effect to the takeover of the business of J P Metals (Proprietor Anil Kumar Gupta).
(ii) The Company currently trades in a wide range of aluminum products such as Aluminium Sheets, Aluminium Coils, Rivets etc and textiles products. Following is the classification of major product offerings.
(iii) The Company is promoted by Mr. Anil Kumar Gupta and his sons Mr. Amit Gupta and Mr. Arun Gupta who together have industry experience of many years and possess rich business intellect in the trading circles of Delhi as they have been in trading segment through proprietorship.
(iv) Since the company is recently incorporated they have not completed a full financial year, however, they have reported an operating performance for four months period ended September 30, 2018, wherein their sales, EBITDA and Profit after Tax were 1,022.22 lakhs, 30.82 lakhs, and 20.99 lakhs respectively.
Objects of the Gleam Fabmat Limited IPO:
Gleam Fabmat Limited IPO Details:
|Open Date:||Feb 19 2019|
|Close Date:||Feb 22 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||3.12 Cr.|
|Lot Size:||10000 Shares|
|Issue Price:||₹ 10 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Mar 05 2019|
Promoters And Management:
Financials of Gleam Fabmat Limited IPO:
Comparison With Peers:
Recommendation on Gleam Fabmat Limited IPO:
Lead Manager of Gleam Fabmat Limited IPO:
Registrar of Gleam Fabmat Limited IPO:
Bid Details of Gleam Fabmat Limited IPO as on
22 Feb 2019 | 11:58:06 PM
|Category||No.of shares offered||No. of shares bid|