IPO SYNOPSIS

Gconnect Logitech & Supply Chain Ltd
Registered Office:
Shop # 6 Sadguru Complex,Nari Chowkadina,
Bhavnagar - 364001,
Gujarat, India.
Initial public issue* of 14,01,000 equity shares of face value (₹) 10/- each ("Equity Shares") of Gconnect Logitech and Supply Chain Limited ("The Company" or the "Issuer") for cash at a price of (₹) 40 per equity share (including a securities premium of (₹) 30 per equity share) ("Issue Price"), aggregating to (₹) 5.60 crores (the "Issue"). 75,000 equity shares aggregating to (₹) 0.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 13,26,000 equity shares of face value of (₹) 10/- each at an issue price of (₹) 40 per equity share aggregating to (₹) 5.30 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.67 % and 35.65 % respectively of the post- issue paid-up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is (₹) 10/- each and the issue price is 4.00 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
26-Mar-24
28-Mar-24
40.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000     Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
5.04
Fedex Securities Pvt Ltd
Project Financed
5.60
 
Post Issue
3.72
 
Issue Price
40.00
 
Projects
Purchase of Vehicles and Bodybuilding
Finance the Website Development and App Designing
General Corporate Purposes
Promoted By
Jigar Vinodbhai Sheth
Vinod Venilal Sheth
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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