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Gretex Industries Ltd IPO (Gretex Industries IPO) Detail

September 30, 2016 - October 5, 2016

Gretex Industries IPO is a book built issue of Rs 2.10 crores. The issue is entirely an offer for sale of 9.24 lakh shares.

Gretex Industries IPO bidding started from September 30, 2016 and ended on October 5, 2016. The shares got listed on NSE SME on October 14, 2016.

Gretex Industries IPO price band is set at ₹19 to ₹21 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹126,000.

Indian Overseas Bank and Pantomath Capital Advisors Pvt Ltd are the book running lead managers of the Gretex Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Gretex Industries IPO is Bcb Brokerage.

Refer to Gretex Industries IPO RHP for detailed information.

Gretex Industries IPO Details

IPO Date September 30, 2016 to October 5, 2016
Listing Date October 14, 2016
Face Value ₹10 per share
Price Band ₹19 to ₹21 per share
Lot Size 6000 Shares
Total Issue Size[.] shares
(aggregating up to ₹2.10 Cr)
Offer for Sale924,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue3,155,600
Share holding post issue4,211,600
Market Maker portion102,000 shares
Bcb Brokerage

Gretex Industries 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 ₹126,000
Retail (Max) 1 6000 ₹126,000
Lot Size Calculator

Gretex Industries IPO Promoter Holding

The promoters of the company are:

1. Ambuja Technologies Pvt Ltd
2. Ambition Tie-up Pvt Ltd
3. Arvind Harlalka and
4. Sumit Harla

Share Holding Pre Issue 61.79%
Share Holding Post Issue 29.68%

About Gretex Industries Ltd

Incorporated in 2009, Gretex Industries Ltd is engaged in the business of manufactures and sells hosiery garments. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Company's offers wooly coats, thermal innerwear, leggings, etc. under the LEKME brand name.

They also Performs job work for various fabrics, such as interlock, fleece, rib, interlock-reversible, sinker, sinker with lycra, polyfill, parker, etc. for various clients. Visit chittorgarh.com for more detail.Company's manufacturing facility is situated at Jalan Industrial Complex in Domjur Area in the district of Howrah, which is one of the oldest Industrial Complex nearby Kolkata.

Key Performance Indicator

Objects of the Issue (Gretex Industries IPO Objectives)

The object of the issue are:

1. Funding Working Capital requirements;
2. General corporate purposes

Gretex Industries IPO Review (Avoid)

[Dilip Davda]  Only risk savvy cash surplus investors may consider investment for long term. Read detail review...

Gretex Industries IPO Prospectus

Gretex Industries IPO Rating

21
3.2
Rating:Rated 3.2 stars
Vote Here ...

Gretex Industries IPO Listing Details

Listing Date October 14, 2016
BSE Script Code
NSE Symbol GRETEX
ISIN INE985P01012
Final Issue Price ₹20 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹20.00
₹24.00
₹22.25
₹24.00
₹24.00

Check IPO Performance…

Gretex Industries Ltd Contact Details

Gretex Industries Ltd
158 Lenin Sarani,
3rd Floor, Room No. 7B,
Kolkata - 700013
Phone: 91-33-40647251
Email: sweta@gretexgroup.com
Website: http://www.gretexindustries.com

Gretex Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Gretex Industries IPO - Buy or Not

Gretex Industries IPO Recommendation Summary

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

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Gretex Industries IPO FAQs

Gretex Industries IPO is a SME IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹2.10 Crores. The issue is priced at ₹19 to ₹21 per share. The minimum order quantity is 6000 Shares.

The IPO opens on September 30, 2016, and closes on October 5, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Gretex Industries IPO opens on September 30, 2016 and closes on October 5, 2016.

Gretex Industries IPO lot size is 6000 Shares, and the minimum amount required is ₹126,000.

You can apply in Gretex Industries 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 Gretex Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gretex Industries IPO allotment status.

The Gretex Industries IPO listing date is on October 14, 2016.
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Gretex Industries IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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6 Comments

6. STOCKT |   Link |  Bookmark |September 27, 2016 4:05:28 PM
U WIL LOOSE HEAVILY IN THIS SME. IT HAS PATHETIC FINACIALS.

ALSO OUT OF 12 RECENT SME 11 ARE DOWN . DONT TAKE RISK


I WOULD REQUEST EVERYONE NOT TO APPLY ON ANY NEW SME.

U WOULD LOOSE MONEY IN ALL NEW SME IPO THAT ARE COMING.

IF YOU CHECK THERE IS A HURRY TO GET THEM LISTED AND OPENING AT ALMOST SAME TIME.

PLEASE CHECK PERFORMANCE OF ALL RECENT NEW SME LISTED.

JUST IMAGINE OUT OF 12 RECENT SME 11 ARE RULING EBLWO ISSUE PRICE NOW.

EVEN GOOD RATED SME LIKE CROWN LIFTERS AND ADVANCE SYNTEX ARE BELOW ISSUE PRICE NOW

STAY AWAY AND PROTECT UR CAPITAL OR BUY OLDER GOOD SME WHICH ARE ALREADY LISTED AND AVAILABLE CHEAP.


LETS BOYCOTT ALL NEW SME . ALL NEW SME WHETHER THEY ARE FROM PANTHOMATH,SARTHI,ARYAMAN HAVE ALL GONE DOWN.

PLEASE BOYCOTT ALL NEW SME THAT ARE COMING.
5. Lokesh Jain |   Link |  Bookmark |September 27, 2016 12:21:11 PM
Price is between Rs 19 to Rs 21
4. Singhvk |   Link |  Bookmark |September 27, 2016 10:26:55 AM
next ipo worth applying?
3. DURAISWAMY |   Link |  Bookmark |September 26, 2016 5:12:53 PM
What is the issue price ?
2. Vaibhav |   Link |  Bookmark |September 26, 2016 9:57:01 AM
Forum moderator please update the upcoming SME Issues.
1. STOCKT |   Link |  Bookmark |September 25, 2016 3:04:09 AM
panthomath has already failed with recent sme.

a;so this company sales is too low. does not even qualify for a 2 rs stock.

Ignore.