Ganga Forging Limited IPO
Ganga Forging Limited is an NSE SME IPO is priced at ₹21 per share with an issue size of Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr. The IPO opens on Jun 29, 2018 and closes on Jun 3, 2018, with a lot size of 6000 shares and a minimum investment of ₹1,26,000.
Ganga Forging Limited IPO
- IPO Dates
- Jun 29, 2018 – Jun 3, 2018
- Price band
- ₹21 per equity share
- Minimum Investment
- ₹1,26,000
- Issue size
- Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr
- Lot size
- 6000
- Allotment Date
- Jul 9, 2018
- Listing
- Jul 11, 2018
- Listing At
- NSE SME
IPO timeline
-
Jun 29, 2018
Open Date
Completed
-
Jun 3, 2018
Close Date
Completed
-
Jul 9, 2018
Allotment Date
Completed
-
Jul 11, 2018
Listing Date
Completed
Ganga Forging Limited IPO Essentials
Ganga Forging Limited IPO Details
Ganga Forging Limited IPO is priced at ₹21 per share with a total issue size of Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr. The IPO has a lot size of 6000 shares and will be listed on NSE SME.
- Issue price
- Rs 21/- Per Equity Share
- Lot size
- 6000 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- 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
- List price
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Pantomath Capital Advisors Private Limited
Ganga Forging Limited IPO Details
- Retail Portion N/A
Ganga Forging Limited IPO Analytics
Ganga Forging Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ganga Forging Limited IPO Subscription Status
Ganga Forging Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 | 0.87 x | 0.81 x |
|
Day 2
02-07-18
|
8,34,000 (0.74) x | 1.39 x | 1.06 x |
|
Day 3
03-07-18
|
9,48,000 (0.84) x | 2.80 x | 1.82 x |
|
Day 4
04-06-18
|
|||
|
Day 4
05-06-18
|
Ganga Forging Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 0.61
- P/E Ratio
- 34.40
Returns
- RoNW
- 12.34%
Ganga Forging Limited Company & Offer Insights
Ganga Forging Limited IPO Issue Objectives
- •
- To finance setting up of Closed Die Forging manufacturing facility.
- •
- General Corporate Purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Ganga Forging Limited IPO is a Fixed Priced IPO worth ₹Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr. The issue price is ₹21 per share (fixed price). The IPO opens on Jun 29, 2018 and closes on Jun 3, 2018. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of Ganga Forging Limited IPO is ₹21 per share (fixed price).
The lot size of Ganga Forging Limited IPO is 6000 shares.
The minimum investment for Ganga Forging Limited IPO is approximately ₹1,26,000 based on the issue price .
Ganga Forging Limited IPO opens on Jun 29, 2018 and closes on Jun 3, 2018.
The allotment date of Ganga Forging Limited IPO is Jul 9, 2018.
Ganga Forging Limited IPO is expected to be listed on Jul 11, 2018, on NSE SME Platform.
Ganga Forging Limited IPO valuation snapshot: P/E 34.40, EPS Rs 0.61, P/B N/A, RoNW 12.34%, and market cap N/A.
To apply for Ganga Forging Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Ganga Forging Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Ganga Forging Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ganga Forging Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ganga Forging Limited IPO allotment status on IPO Ji for quick and easy access.