JKB Financial Services Ltd.

Gallantt Ispat Ltd(Merged)
Registered Office: Gallantt House, I-7 Jungpura Extension, New Delhi - 110014, New Delhi
Phone:
Email: nitesh@gallantt.com
Website: www.gallantt.com
Public issue of 81,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 40.50 Crores (hereinafter referred to as the Issue) comprising of 14,00,000 equity shares of promoter contribution and net offer to the public of 67,00,000 equity shares of Rs. 10/- each. The Issue would constitute 30.26% of the fully post issue paid up capital of the company and the net offer to the public would constitute 25.03% of the fully diluted post issue paid up capital of the company. Issue price : Rs. 50/- per equity share of face value of Rs. 10/- each The issue price is 5 (five) times the face value.

Gallantt Ispat Ltd(Merged)

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

Phone:

Public issue of 81,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 40.50 Crores (hereinafter referred to as the Issue) comprising of 14,00,000 equity shares of promoter contribution and net offer to the public of 67,00,000 equity shares of Rs. 10/- each. The Issue would constitute 30.26% of the fully post issue paid up capital of the company and the net offer to the public would constitute 25.03% of the fully diluted post issue paid up capital of the company. Issue price : Rs. 50/- per equity share of face value of Rs. 10/- each The issue price is 5 (five) times the face value.

Issue	Money Payable On
22-Sep-2010	24-Sep-2010	₹ 50.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

22-Sep-2010

24-Sep-2010

₹ 50.00

₹ 0.00

Minimum Application for shares in Nos : 125 Further Multiples of : 125
Project Cost	308.43	Anand Rathi Advisors Ltd
Project Financed through Current Offer	40.50
Post Issue Equity Share Capital	26.77
Issue Price	₹50.00

Minimum Application for shares in Nos : 125 Further Multiples of : 125

(₹)Cr.

Lead Managers to the Issue

Project Cost

308.43

Anand Rathi Advisors Ltd

Project Financed through Current Offer

40.50

Post Issue Equity Share Capital

26.77

Issue Price

₹50.00

Projects
To part finance the integrated steel plant
To part finance the Flour Mill

Projects

To part finance the integrated steel plant

To part finance the Flour Mill

Promoted By
Chandra P Agarwal
Prem P Agarwal
Nitin M Kandoli

Promoted By

Chandra P Agarwal

Prem P Agarwal

Nitin M Kandoli

Listing At
BSE
NSE

Listing At

BSE

NSE

Registrar to the Issue
Niche Technologies Pvt Ltd

Registrar to the Issue

Niche Technologies Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)

GET IN TOUCH

IPO Details