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Gala Print City Ltd IPO (Gala Print City IPO) Detail

June 30, 2015 - July 6, 2015

Gala Print City IPO is a fixed price issue of Rs 3.04 crores.

Gala Print City IPO bidding started from June 30, 2015 and ended on July 6, 2015. The shares got listed on BSE SME on July 16, 2015.

Gala Print City IPO price is ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager of the Gala Print City IPO, while Sharepro Services Private Limited is the registrar for the issue.

Refer to Gala Print City IPO RHP for detailed information.

Gala Print City IPO Details

IPO Date June 30, 2015 to July 6, 2015
Listing Date July 16, 2015
Face Value ₹10 per share
Price ₹24 per share
Lot Size 6000 Shares
Total Issue Size1,266,000 shares
(aggregating up to ₹3.04 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue3,490,500
Share holding post issue4,756,500

Gala Print City IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹144,000
Retail (Max) 1 6000 ₹144,000
Lot Size Calculator

Gala Print City IPO Promoter Holding

The promoters of the company are:

1. Mr. Vishal Mulchandbhai Gala
2. Ms. Neha Vishal Gala

Share Holding Pre Issue 65.19%
Share Holding Post Issue 47.84%

About Gala Print City Ltd

Incorporated in 2010, Gala Print City Ltd (GPCL) is engaged in the business of printing and offering multi-colour offset printing services, single colour offset printing services, commercial printing services for calendars, catalogs, brochures, posters, annual reports manuals, etc.

Company's client list includes Navneet Education Ltd, Gujarat State Board of Text-Book, M.S. Bureau of Text-Book, Gujarat University, Income Tax department, Meet Trading Co., M.S. Board of Technical Education and Veer Narmad South Gujarat University.

Key Performance Indicator

Objects of the Issue (Gala Print City IPO Objectives)

The objects of the Issue are:

1. To part-finance incremental working capital requirements;
2. General corporate expenses; and
3. To meet the expenses of the Issue.

Gala Print City IPO Review (May apply)

[Dilip Davda]  

If we annualize these earnings and attribute to fully diluted equity post issue then asking price is at a P/E of 104 plus. Thus issue is aggressively priced.

Merchant banker has erratic performances for its past mandates. This is 17th IPO from its stable.

DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.

 

 

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Gala Print City IPO Prospectus

Gala Print City IPO Rating

11
2.9
Rating:Rated 2.9 stars
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Gala Print City IPO Listing Details

Listing Date July 16, 2015
BSE Script Code 539228
NSE Symbol
ISIN INE480S01018
Final Issue Price ₹24 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹24.00
₹24.45
₹23.25
₹24.45
₹24.10

Check IPO Performance…

Gala Print City Ltd Contact Details

Gala Print City Ltd
B-1 Laxmi Comm,
Co-Op Estate, B/H Old Navneet Press,
Sukhramnagar, Ahmedabad
Phone: 079-22772921
Email: galaprintcity@gmail.com
Website: http://www.galaprintycity.com

Gala Print City IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Email: subhash@shareproservices.com
Website:

Gala Print City IPO - Buy or Not

Gala Print City IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Gala Print City IPO FAQs

Gala Print City IPO is a SME IPO of 1,266,000 equity shares of the face value of ₹10 aggregating up to ₹3.04 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000 Shares.

The IPO opens on June 30, 2015, and closes on July 6, 2015.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Gala Print City IPO opens on June 30, 2015 and closes on July 6, 2015.

Gala Print City IPO lot size is 6000 Shares, and the minimum amount required is ₹144,000.

You can apply in Gala Print City IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Gala Print City IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gala Print City IPO allotment status.

The Gala Print City IPO listing date is on July 16, 2015.
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1 Comments

1. leo Khan |   Link |  Bookmark |June 29, 2015 5:36:02 PM
how does this work? is there a lock in period on allotment here if applied?