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Ghushine Fintrrade Ocean IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 2.60 Cr. The company is based in Surat and caters to Textiles sector. First Overseas Capital is the merchant banker of Ghushine Fintrrade Ocean IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd November 2015.
Ghushine Fintrrade Ocean IPO open date is 25th April 2016 and close date is 27th April 2016. IPO Allotment Date is 30th November -0001 and Listing date is 10th May 2016.
IPO
Size:
₹ 2.60 Cr.
Avg IPO Size (Sector Based)
: ₹
15.87 cr.
Sector: Textiles
SME
IPO so far:
91
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹
9.55
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 19.27x
Ghushine Fintrrade Ocean IPO size is ₹ 2.60 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Ghushine Fintrrade Ocean IPO. S.K. Infosolutions Private Limited is the Registrar and Market Maker is Choice Equity Broking Private Limited for Ghushine Fintrrade Ocean IPO.
Ghushine Fintrrade Ocean IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ghushine Fintrrade Ocean IPO, based in Surat, operates in the Textiles sector with a focus on trading activities of various textile materials. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Ghushine Fintrrade Ocean IPO size is ₹ 2.60 Cr. with fresh issue size of ₹ 3 and Offer for sale being ₹ Nil
The IPO allotment date for Ghushine Fintrrade Ocean IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Ghushine Fintrrade Ocean IPO allotment status on the registrars website, S.K. Infosolutions Private Limited . Ghushine Fintrrade Ocean IPO refund dates are 30th November -0001.
Ghushine Fintrrade Ocean IPO is expected to be listed on 10th May 2016.
The upper price band for the Ghushine Fintrrade Ocean IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ghushine Fintrrade Ocean IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ghushine Fintrrade Ocean IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th April 2016. After submission, funds are blocked until the basis of allotment of Ghushine Fintrrade Ocean IPO is finalised.
The merchant banker for Ghushine Fintrrade Ocean IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ghushine Fintrrade Ocean IPO RHP for further details.
The registrar for Ghushine Fintrrade Ocean IPO is S.K. Infosolutions Private Limited . Investors can go to S.K. Infosolutions Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ghushine Fintrrade Ocean IPO through their official website or helpline.
Ghushine Fintrrade Ocean IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.87 Cr.
Sector: Textiles
SME
IPO so far:
91
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹ 10.95 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 19.27x
Ghushine Fintrrade Ocean IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ghushine Fintrrade Ocean Financial Review Page
Merchant Banker(s) of Ghushine Fintrrade Ocean IPO: First Overseas Capital Limited
Ghushine Fintrrade Ocean IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ghushine Fintrrade Ocean IPO listed at a listing price of 8.00 against the offer price of 10.00.
The current market price of Ghushine Fintrrade Ocean is 0.00.
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