IPO Synopsis

Gretex Corporate Services Ltd
Registered Office: Office No.13 I Floor Bansilal,Mansion 9-15 HomiModi St. Fort,Mumbai-400001, Maharashtra
Tel. No: 91-22-40025273
Fax No:
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Public Issue of 3,01,600 equity shares of Face value of Rs. 10 each ("equity shares") of Gretex Corporate Services Limited (the "company" or the "issuer") for cash at a price of Rs. 170 per equity (the "issue price") aggregating to Rs. 5.13 Crores ("the issue") comprising of a fresh issue of 2,37,600 equity shares aggregating to Rs. 4.04 Crores (the "fresh issue") and an offer for sale of 64,000 equity shares by the promoter selling shareholder ("offer for sale") aggregating to Rs. 1.09 Crores of which 15,200 equity shares aggregating to Rs. 0.26 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net Issue of 2,86,400 equity shares aggregating to Rs. 4.87 Crores (the "net Issue"). The issue and the net issue will constitute 26.52% and 25.18% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 17.00 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Jul-2021 30-Jul-2021 ₹170.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 800 Further Multiples of :800
(₹ Cr) Lead Managers to the Issue
Project Cost 4.04 Aryaman Financial Services Ltd
Project Financed through Current Offer 5.13
Post Issue Equity Share Capital 1.14
Issue Price 170.00
Projects
Payment of Security Deposit for Renting of Office Space
Working Capital Requirements
General Corporate Purposes
Promoted By
Arvind Harlalka
Alok Harlalka
Bonanza Agency LLP
Listing At
BSE - SME
Registrar To The Issue