Public Issue of 77,00,000 equity shares of Rs. 10 each for cash at a price of Rs. 71 per equity share (including a share premium of Rs. 61 per equity share) aggregating Rs. 54.67 crores by Gyscoal Alloys Limited ('Company' or 'Issuer' or 'GAL'). The Issue would constitute 48.65% of the fully diluted post issue paid up capital of the company.Issue price : Rs. 71 per fully paid up equity share of face value Rs. 10 each.The issue price is 7.1 times the face value