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IPO Details


Gangotri Textiles Ltd
Registered Office: 25-A Venkatachalam CoOP Colony, R S Puram, Coimbatore - 641002, Tamil Nadu
Phone: 91-0422-4332100
Email: tibre@gangotritextiles.com
Website: www.gangotritextiles.com
Public issue of 1,34,14,634 equity shares of Rs. 5/- each for cash at a price of Rs. 41 (including premium of Rs. 36) per share aggregating Rs. 55.00 crores (hereinafter referred to as The Issue). The issue comprises a net offer to the public of 1,16,70,732 equity shares of Rs. 5/- each aggregating to Rs. 47.85 crores (Net Offer) and a reservation for employees of Gangotri Textiles Limited of upto 4,02,439 equity shares of Rs. 5/- each aggregating to Rs. 1.65 crores and a reservation of upto 13,41,463 equity shares of Rs. 5/- each for the existing retail shareholders of the company aggregating to Rs. 5.50 crores. The issue would constitute 41.13% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 41 per equity share of Rs. 5/- each The issue price is 8.20 times the face value of Rs. 5/- per share.
Issue Money Payable On
Opens On Closes On Application Allotment
18-May-2006 23-May-2006 41.00 0.00
Minimum Application for shares in Nos : 125 Further Multiples of : 125
()Cr. Lead Managers to the Issue
Project Cost 351.00 Keynote Corporate Services Ltd
Project Financed through Current Offer 55.00
Post Issue Equity Share Capital 16.31
Issue Price 41.00
Projects
Spinning I- A ring spinning unit of 19200 spindles
Spinning II-A ring spinning unit of 31200 spindles
Weaving & processing plant cap. of 51000 mtrs/day
Modern Garment unit with a cap. of 3000 pieces/day
Installation of 6 wind energy generators of 1.65MW
Promoted By
Manoj Kumar Tibrewal
Mohanlal Tibrewal
Listing At
BSE
NSE
Chennai
Coimbatore
Kolkata
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

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18013.16 353.14(2.00%)