JKB Financial Services Ltd.

Gallantt Ispat Ltd.
Registered Office: Gallantt House, I-7 Jungpura Extension, New Delhi - 110014, New Delhi
Phone:
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.

Gallantt Ispat Ltd.

Registered Office: Gallantt House, I-7 Jungpura Extension, New Delhi - 110014, New Delhi

Phone:

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
06-Mar-2006	10-Mar-2006	₹ 10.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

06-Mar-2006

10-Mar-2006

₹ 10.00

₹ 0.00

Minimum Application for shares in Nos : 500 Further Multiples of : 500
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

Minimum Application for shares in Nos : 500 Further Multiples of : 500

(₹)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
To part finance the integrated Steel Plant
To meet the working capital requirements
To utilise funds for general corporate purposes

Projects

To part finance the integrated Steel Plant

To meet the working capital requirements

To utilise funds for general corporate purposes

Promoted By
Chandra Prakash Agrawal
Nitin Kandoi
Dinesh Kumar Agarwal

Promoted By

Chandra Prakash Agrawal

Nitin Kandoi

Dinesh Kumar Agarwal

Listing At
BSE
NSE

Listing At

BSE

NSE

Registrar to the Issue
Niche Technologies Pvt Ltd

Registrar to the Issue

Niche Technologies Pvt Ltd

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IPO Details