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IPO

IPO Details


Gangotri Textiles Ltd
Registered Office: 25-A Venkatachalam CoOP Colony, R S Puram, Coimbatore - 641002, Tamil Nadu
Phone: 91-0422-4332100
Email: tibre@gangotritextiles.com
Website: www.gangotritextiles.com
Public issue of 1,34,14,634 equity shares of Rs. 5/- each for cash at a price of Rs. 41 (including premium of Rs. 36) per share aggregating Rs. 55.00 crores (hereinafter referred to as "The Issue"). The issue comprises a net offer to the public of 1,16,70,732 equity shares of Rs. 5/- each aggregating to Rs. 47.85 crores ("Net Offer") and a reservation for employees of Gangotri Textiles Limited of upto 4,02,439 equity shares of Rs. 5/- each aggregating to Rs. 1.65 crores and a reservation of upto 13,41,463 equity shares of Rs. 5/- each for the existing retail shareholders of the company aggregating to Rs. 5.50 crores. The issue would constitute 41.13% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 41 per equity share of Rs. 5/- each The issue price is 8.20 times the face value of Rs. 5/- per share.
Issue Money Payable On
Opens On Closes On Application Allotment
18-May-2006 23-May-2006 ₹ 41.00 ₹ 0.00
Minimum Application for shares in Nos : 125.0 Further Multiples of : 125.0
(₹)Cr. Lead Managers to the Issue
Project Cost 351.00 Keynote Corporate Services Ltd
Project Financed through Current Offer 55.00
Post Issue Equity Share Capital 16.31
Issue Price ₹41.00
Projects
Spinning I- A ring spinning unit of 19200 spindles
Spinning II-A ring spinning unit of 31200 spindles
Weaving & processing plant cap. of 51000 mtrs/day
Modern Garment unit with a cap. of 3000 pieces/day
Installation of 6 wind energy generators of 1.65MW
Promoted By
Manoj Kumar Tibrewal
Mohanlal Tibrewal
Listing At
BSE
NSE
Chennai
Coimbatore
Kolkata
Registrar to the Issue

INDIAN INDICES

Sensex

82,568.04 512.93 (0.63%)

Nifty

25,195.95 151.60 (0.61%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,177.08 487.95(2.06%)