Gconnect Logitech & Supply Chain Ltd |
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Registered Office: Shop # 6 Sadguru Complex, Nari Chowkadina, Bhavnagar - 364001, Gujarat |
Phone: +91 93777 74949 |
Email: contact@gconnectlogitech.com |
Website: www.gconnectlogitech.com |
Initial public issue* of 14,01,000 equity shares of face value Rs. 10/- each ("Equity Shares") of Gconnect Logitech and Supply Chain Limited ("The Company" or the "Issuer") for cash at a price of Rs. 40 per equity share (including a securities premium of Rs. 30 per equity share) ("Issue Price"), aggregating to Rs. 5.60 crores (the "Issue"). 75,000 equity shares aggregating to Rs. 0.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 13,26,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 40 per equity share aggregating to Rs. 5.30 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.67 % and 35.65 % respectively of the post- issue paid-up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10/- each and the issue price is 4.00 times of the face value. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
26-Mar-2024 | 28-Mar-2024 | ₹ 40.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 5.04 | Fedex Securities Pvt Ltd |
Project Financed through Current Offer | 5.60 | |
Post Issue Equity Share Capital | 3.72 | |
Issue Price | ₹40.00 |
Projects |
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Purchase of Vehicles and Bodybuilding |
Finance the Website Development and App Designing |
General Corporate Purposes |
Promoted By |
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Jigar Vinodbhai Sheth |
Vinod Venilal Sheth |
Listing At |
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BSE - SME |
Registrar to the Issue |
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