Gretex Corporate Services Ltd IPO
BSE SMEListed On: Aug 9, 2021 at ₹ 172.0
₹ 272000 /1600 Shares
*Min Investment
27 Jul, 2021
Open Date30 Jul, 2021
Close Date05 Aug, 2021
Allotment Date09 Aug, 2021
Listing DateIPO Issue Details
- Issue Price ₹170 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 301,600 Eq Shares of ₹10 (aggregating up to ₹5.13 Cr)
#Fresh Issue: 237,600 Eq Shares of ₹10 (aggregating up to ₹4.04 Cr)
#Offer for Sale: 64,000 Eq Shares of ₹10 (aggregating up to ₹1.09 Cr) - Listing at BSE SME
- List Price 172.0
- Listing Date 2021-08-09
- Lead Manager Aryaman Financial Services limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Gretex Corporate Services Ltd IPO is an SME IPO, priced at ₹170 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jul 27, 2021 to Jul 30, 2021. The allotment is expected to be finalized on Aug 5, 2021, and the tentative listing date is Aug 9, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 143,200 | 143,200 | 286,400 |
Day 1 27-07-21 07:00 PM | 0.83 x | 4.15 x | 2.49 x |
Day 2 28-07-21 05:00 PM | 1.28 x | 6.88 x | 4.08 x |
Day 3 29-07-21 05:00 PM | 1.49 x | 8.88 x | 5.18 x |
Day 3 30-07-21 05:00 PM | 2.37 x | 12.17 x | 7.27 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 10.11 | 8.38 | 9.46 |
| Revenue | 3.24 | 1.45 | 3.15 |
| Profit After Tax | 0.71 | (1.15) | 0.24 |
About Company
Gretex Corporate Services Ltd is a financial and consultancy service provider in India. It is a SEBI registered merchant banker that key business activities include fund raising management activities, investment advisory, underwriting of issues, corporate advisory services, and more.
Initially, the company has started its business as a project finance service provider through banks and financial institutions but over the period, it has expanded its product portfolio and presently, offers services in different areas i.e. capital markets, corporate finance, debt syndication, corporate restructuring, and compliance advisory.
- Promoter(s)
Mr. Arvind Harlalka
Mr. Alok Harlalka
M/s. Bonanza Agency LLP
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.48%
IPO - Issue Objectives
To make payment of security deposit for renting office space.
Working capital requirements.
General Corporate purposes.
IPO - FAQs
Ans. Gretex Corporate Services Ltd IPO is a SME IPO. The issue is priced at ₹170 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jul 27, 2021, and closes on Jul 30, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Gretex Corporate Services Ltd IPO opens on Jul 27, 2021 and closes on Jul 30, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Gretex Corporate Services Ltd IPO is 301,600 Eq Shares of ₹10 (aggregating up to ₹5.13 Cr) #Fresh Issue: 237,600 Eq Shares of ₹10 (aggregating up to ₹4.04 Cr) #Offer for Sale: 64,000 Eq Shares of ₹10 (aggregating up to ₹1.09 Cr).
Ans. The Gretex Corporate Services Ltd IPO price band is set between ₹170 per equity share.
Ans. To apply for Gretex Corporate Services Ltd IPO , follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Gretex Corporate Services Ltd 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 Gretex Corporate Services Ltd IPO is Aug 5, 2021.
Ans. The Gretex Corporate Services Ltd IPO will be listed on Aug 9, 2021.
Ans. Follow the steps to check the Gretex Corporate Services Ltd IPO allotment status online.
