The Gujarat Hy-Spin Ltd IPO date has been confirmed from January 25, 2018 and ended on January 31. Read the post to learn about Gujarat Hy-Spin Ltd IPO GMP.
Gujarat Hy-Spin Ltd IPO is looking to raise Rs 4.45 crores through an IPO. Each share is priced at ₹10. An application must have a minimum lot size of 10,000 shares. Retail investors are obliged to invest a minimum of ₹100,000.
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Bidding Dates
January 25-31
Price Range
₹10 per share
Face Value
₹10 per share
GMP
₹10.40
Gujarat Hy-Spin Ltd IPO GMP
The Gujarat Hy-Spin Limited IPO GMP Today is ₹10.40.
Gujarat Hy-Spin Ltd IPO Overview
Gujarat Hy-Spin IPO is a Rs 4.45 crore fixed price offering. Bidding for the Gujarat Hy-Spin IPO began on January 25, 2018 and finished on January 31, 2018. On February 8, 2018, the shares were listed on the BSE SME. The IPO price for Gujarat Hy-Spin is ₹10 per share. An application’s minimum lot size is 10000 Shares. Retail investors must make a minimum commitment of ₹100,000.
The manufacturing factory of the company is spread over 15381.28 square metres and is well equipped with plant and machinery such as a blow room, humidification facility, contamination sorter, link conner, and so on.
Gujarat Hy-Spin Ltd IPO Details
IPO Date | January 25, 2018 to January 31, 2018 |
Listing Date | February 8, 2018 |
Face Value | ₹10 per share |
Price | ₹10 per share |
Lot Size | 10000 Shares |
Total Issue Size | 4,450,000 shares (aggregating up to ₹4.45 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Market Maker portion | 230,000 shares |
Gujarat Hy-Spin Ltd IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 10000 | ₹100,000 |
Retail (Max) | 2 | 20000 | ₹200,000 |
Gujarat Hy-Spin Ltd IPO Listing Details
Listing Date | February 8, 2018 |
BSE Script Code | 540938 |
NSE Symbol | |
ISIN | INE578V01013 |
Final Issue Price | ₹10 per share |
Company Profile
Gujarat Hy-Spin Ltd IPO is a Rajkot, Gujarat-based firm that manufactures cotton yarns. It was founded in 2011. The firm started off selling cotton bales, cotton seeds, and wash oil. In 2013, it moved to manufacturing cotton yarn, mostly for the domestic market and exports to other countries. Cotton yarns are sold by the company to traders, who then sell them to other industrial units for weaving and other purposes. The company also supplies directly to industrial weaving facilities.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91 022 4918 6060 |
Email ID | [email protected] |
Website | ipo.bigshareonline.com |
Contact Details
Name | Gujarat Hy-Spin Limited |
Phone number | 02825-297170 |
Email ID | [email protected] |
Website | gujarathyspin.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Gujarat Hy-Spin Ltd IPO FAQs
When Gujarat Hy-Spin IPO will open?
The Gujarat Hy-Spin IPO opens on January 25, 2018 and closes on January 31, 2018.
What is the lot size of Gujarat Hy-Spin IPO?
Gujarat Hy-Spin IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.
When is Gujarat Hy-Spin IPO listing date?
The Gujarat Hy-Spin IPO listing date is on February 8, 2018.