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Ganga Forging Ltd
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Registered Office:
Plot No 1 SNO 298 & 30,Rajkot Gondal N H Veraval(Shap
,
Ahmedabad
-
360024
,
Gujarat
, India.
Phone :
91-2827-252208/252077 Fax:91-2827 252208
Email : info@gangaforging.com
Website : www.gangaforging.com
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Public issue of 23,82,000 equity shares of face value of Rs10/- each ("equity shares") of Ganga Forging Limited (the "company" or the "issuer") for cash at a price of Rs21 per equity share, including a share premium of Rs11 per equity share (the "issue price"), aggregating Rs5 Crores ("the issue"), of which 1.26.000 equity shares of face value of Rs10/- each for cash at a price of Rs21 per equity share, aggregating Rs0.26 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion I.E. issue of 22.56.000 equity shares of face value of Rs10 each for cash at a price of Rs21 per equity share, aggregating Rs4.74 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 29.97% and 28.39% respectively of the fully diluted post issue paid up equity share capital of the company.
The face value of the equity shares is Rs10 each and the issue price of Rs21 is 2.1 times of the face value of the equity shares.
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Opens On
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Closes On
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Application
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Allotment
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29-Jun-18
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03-Jul-18
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Rs 21.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :6000 Further
Multiples of :6000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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5.00
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| Pantomath Capital Advisors Pvt Ltd |
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Project Financed through Current Offer
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5.00
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Post Issue Equity Share Capital
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7.95
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Issue Price
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Rs 21.00
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