Gallantt Ispat Ltd.

- Anand Rathi Securities Pvt Ltd

Public Issue of 37,120,000 equity shares of Rs.10/- each for cash at par aggregating Rs. 37.12 crores (hereinafter referred to as the Issue) comprising of 6,000,000 equity shares of promoters and promoter group contribution, 1,556,000 equity shares reserved for permanent employees of the Company and Net offer to the public of 29,564,000 equity shares of Rs.10/- each of which 29,56,400 Equity Shares being 10% of the Net Offer to the public to be compulsorily alloted to QIBs. The Net offer to the Public would constitute 38.74% of the fully diluted post issue paid up capital of the Company.The face value of the equity shares is Rs.10/- each and the issue price is 1 time the face value.The project has a participation of Rs. 114.50 crore as Term Loans from Consortium of Banks.

  • Issue

    • Opens On06 Mar 2006
    • Closes On10 Mar 2006
  • Money Payable On

    • Application10
    • Allotment0
  • Project Cost (Cr.)190.82
  • Post Issue Equity Share Capital (Cr.)76.32
  • Issue Price (D)10

Further Multiples of: 500


  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Niche Technologies Pvt Ltd

    Gallantt House I-7 Jungpura Extension New Delhi

    New Delhi- 110014

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