IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Performance
Performance Report
Gretex Corporate Services IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 5.13 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Aryaman Financial Services is the merchant banker of Gretex Corporate Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th June 2021.
Gretex Corporate Services IPO open date is 27th July 2021 and close date is 30th July 2021. IPO Allotment Date is 4th August 2021 and Listing date is 9th August 2021.
IPO
Size:
₹ 5.13 Cr.
Avg IPO Size (Sector Based)
: ₹
22.18 cr.
Sector: Banking And Finance
SME
IPO so far:
54
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Mumbai
SME
IPO so far:
281
Revenue (annualised):
₹
3.25
cr. 
PE
Ratio:
27.29x
Average Sector PE Ratio: 17.81x
Gretex Corporate Services IPO size is ₹ 5.13 Cr. with IPO price of ₹ 170.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Gretex Corporate Services IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Intellect Stock Broking Limited for Gretex Corporate Services IPO.
Gretex Corporate Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Gretex Corporate Services IPO, based in Mumbai, operates in the Banking And Finance sector with a focus on Provide banking finance services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Gretex Corporate Services IPO size is ₹ 5.13 Cr. with fresh issue size of ₹ 4.04 Cr. and Offer for sale being ₹ 1.09Cr.
The IPO allotment date for Gretex Corporate Services IPO is expected to be 4th August 2021, after the finalization of basis of allotment. Investors can check Gretex Corporate Services IPO allotment status on the registrars website, Bigshare Services Private Limited . Gretex Corporate Services IPO refund dates are 5th August 2021.
Gretex Corporate Services IPO is expected to be listed on 9th August 2021.
The upper price band for the Gretex Corporate Services IPO is set at ₹ 170.00 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 Gretex Corporate Services 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 Gretex Corporate Services 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 30th July 2021. After submission, funds are blocked until the basis of allotment of Gretex Corporate Services IPO is finalised.
The merchant banker for Gretex Corporate Services IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gretex Corporate Services IPO RHP for further details.
The registrar for Gretex Corporate Services IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Gretex Corporate Services IPO through their official website or helpline.
Gretex Corporate Services IPO was subscribed 7.27 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 5.13 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.18 Cr.
Sector: Banking And Finance
SME
IPO so far:
54
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Mumbai
SME
IPO so far:
281
Revenue (annualised):
₹ 2.98 cr.
PE
Ratio:
27.29x
Average Sector PE Ratio: 17.81x
Gretex Corporate Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gretex Corporate Services Financial Review Page
Merchant Banker(s) of Gretex Corporate Services IPO: Aryaman Financial Services Limited
Gretex Corporate Services IPO subscription was 7.27 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.
Gretex Corporate Services IPO listed at a listing price of 180.60 against the offer price of 170.00.
The current market price of Gretex Corporate Services is 284.00.
Why Us?
