Gujarat Hy-Spin IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 4.45 Cr. The company is based in Rajkot and caters to Textiles sector. Pantomath Capital Advisors is the merchant banker of Gujarat Hy-Spin IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th December 2017.
Gujarat Hy-Spin IPO open date is 25th January 2018 and close date is 31st January 2018. IPO Allotment Date is 30th November -0001 and Listing date is 8th February 2018.Gujarat Hy-Spin IPO size is ₹ 4.45 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.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Gujarat Hy-Spin IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Gujarat Hy-Spin IPO.
Gujarat Hy-Spin IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Gujarat Hy-Spin IPO, based in Rajkot, operates in the Textiles sector with a focus on manufacturing of cotton yarn. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Gujarat Hy-Spin IPO size is ₹ 4.45 Cr. with fresh issue size of ₹ 4.45 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Gujarat Hy-Spin IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Gujarat Hy-Spin IPO allotment status on the registrars website, Bigshare Services Private Limited . Gujarat Hy-Spin IPO refund dates are 30th November -0001.
Gujarat Hy-Spin IPO is expected to be listed on 8th February 2018.
The upper price band for the Gujarat Hy-Spin 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 Gujarat Hy-Spin 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 Gujarat Hy-Spin 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 31st January 2018. After submission, funds are blocked until the basis of allotment of Gujarat Hy-Spin IPO is finalised.
The merchant banker for Gujarat Hy-Spin IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gujarat Hy-Spin IPO RHP for further details.
The registrar for Gujarat Hy-Spin 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 Gujarat Hy-Spin IPO through their official website or helpline.
Gujarat Hy-Spin IPO was subscribed 4.81 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Gujarat Hy-Spin IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gujarat Hy-Spin Financial Review Page
Merchant Banker(s) of Gujarat Hy-Spin IPO: Pantomath Capital Advisors Private Limited
Gujarat Hy-Spin IPO subscription was 4.81 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.
Gujarat Hy-Spin IPO listed at a listing price of 10.81 against the offer price of 10.00.
The current market price of Gujarat Hy-Spin is 21.50.
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