Ganga Forging Limited IPO
NSE SME₹ 252000 /12000 Shares
*Min Investment
29 Jun, 2018
Open Date03 Jun, 2018
Close Date09 Jul, 2018
Allotment Date11 Jul, 2018
Listing DateIPO Issue Details
- Issue Price Rs 21/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr
- Listing at NSE SME
- Lead Manager Pantomath Capital Advisors Private Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Ganga Forging Limited IPO is an SME IPO, priced at Rs 21/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jun 29, 2018 to Jun 3, 2018. The allotment is expected to be finalized on Jul 9, 2018, and the tentative listing date is Jul 11, 2018.
The registrar of the IPO is Link Intime India Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,28,000 | 11,28,000 | 22,56,000 |
Day 1 - 29-06-18 | 8,34,000 0.74 x | 9,84,000 0.87 x | 18,18,000 0.81 x |
Day 2 02-07-18 | 8,34,000 0.74 x | 15,66,000 1.39 x | 24,00,000 1.06 x |
Day 3 03-07-18 | 9,48,000 0.84 x | 31,62,000 2.80 x | 41,10,000 1.82 x |
Day 4 04-06-18 | N/A x | N/A x | N/A x |
Day 4 05-06-18 | N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
To finance setting up of Closed Die Forging manufacturing facility.
General Corporate Purposes.
IPO - FAQs
Ans. Ganga Forging Limited IPO is a SME IPO. The issue is priced at Rs 21/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Jun 29, 2018, and closes on Jun 3, 2018. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Ganga Forging Limited IPO opens on Jun 29, 2018 and closes on Jun 3, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ganga Forging Limited IPO is Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr.
Ans. The Ganga Forging Limited IPO price band is set between Rs 21/- Per Equity Share .
Ans. To apply for Ganga Forging Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ganga Forging Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ganga Forging Limited IPO is Jul 9, 2018.
Ans. The Ganga Forging Limited IPO will be listed on Jul 11, 2018.
Ans. Follow the steps to check the Ganga Forging Limited IPO allotment status online.
