IPO Synopsis

Gretex Corporate Services Ltd

Registered Office: Office No.13 I Floor Bansilal,Mansion 9-15 HomiModi St. Fort, Mumbai - 400001, Maharashtra, India. Phone : 91-22-40025273   Fax: Email : info@gretexgroup.com Website :www.gretexcorporate.com

Public Issue of 3,01,600 equity shares of Face value of Rs. 10 each ("equity shares") of Gretex Corporate Services Limited (the "company" or the "issuer") for cash at a price of Rs. 170 per equity (the "issue price") aggregating to Rs. 5.13 Crores ("the issue") comprising of a fresh issue of 2,37,600 equity shares aggregating to Rs. 4.04 Crores (the "fresh issue") and an offer for sale of 64,000 equity shares by the promoter selling shareholder ("offer for sale") aggregating to Rs. 1.09 Crores of which 15,200 equity shares aggregating to Rs. 0.26 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net Issue of 2,86,400 equity shares aggregating to Rs. 4.87 Crores (the "net Issue"). The issue and the net issue will constitute 26.52% and 25.18% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 17.00 times of the face value of the equity shares. Issue Opens On Closes On 27-Jul-21 30-Jul-21 Money Payable On Application Allotment 170.00 0.00 Minimum Application for shares in Nos : 800 Further Multiples of : 800 Cr Lead Managers to the Issue Project Cost (.Cr) 4.04 Aryaman Financial Services Ltd Project Financed through Current Offer (.Cr) 5.13   Post Issue Equity Share Capital (.Cr) 1.14 Issue Price () 170.00

Projects

Payment of Security Deposit for Renting of Office Space Working Capital Requirements General Corporate Purposes

Promoted By

Arvind Harlalka

Alok Harlalka

Bonanza Agency LLP

Listing At

BSE - SME

Registrar to the Issue

No Data Available