| Gallantt Ispat Ltd. |
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| Registered Office: Gallantt House,I-7 Jungpura Extension,New Delhi-110014, New Delhi |
| Tel. No: |
| Fax No: |
| Email: csgml@gallantt.com |
| Website: www.gallantt.com |
| 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 06-Mar-2006 | 10-Mar-2006 | ₹10.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 500 | Further Multiples of :500 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 190.82 | Anand Rathi Securities Pvt Ltd |
| Project Financed through Current Offer | 37.12 | |
| Post Issue Equity Share Capital | 76.32 | |
| Issue Price | 10.00 |
| Projects |
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| To part finance the integrated Steel Plant |
| To meet the working capital requirements |
| To utilise funds for general corporate purposes |
| Promoted By |
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| Chandra Prakash Agrawal |
| Nitin Kandoi |
| Dinesh Kumar Agarwal |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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