Gretex Corporate Services IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Gretex Corporate Services
- Important Details – Gretex Corporate Services
- Objects of the Issue
- Gretex Corporate Services Limited Financials:
- Gretex Corporate Services IPO Price – Details
- Gretex Corporate Services IPO Lot Size
- Gretex Corporate Services IPO DRHP & RHP
- Gretex Corporate Services IPO Lead Managers
- Gretex Corporate Services Registrar
- Gretex Corporate Services IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Gretex Corporate Services IPO – FAQS
About Gretex Corporate Services
Gretex Corporate Services offering diversified financial and consultancy services in the areas of Capital Markets, Corporate Finance, Corporate Restructuring, Debt Syndication, Compliance Advisory. The company started operations in the year 2008, in the initial years the company was engaged in the business of providing project finance services to companies through banks and financial institutions. In the year 2011 the company started providing services of capital market such as Direct listing of companies on nationwide stock exchanges.
This new venture gave management an interest to explore more opportunities in capital market. So, in the year 2013 the company applied for the license of merchant banking with Securities and Exchange Board of India (SEBI). SEBI has provided the company with Initial Certificate of Registration which was valid for a period of 5 years. In the year 2019 the initial certificate of registration was renewed and a permanent registration was provided by SEBI. Since past six years Gretex Corporate Services have been carrying out the business of management of fund-raising activities, investment advisory, underwriting of issues, manager, consultant or adviser to any issue including corporate advisory services and as consultant or adviser to the issuer.
Important Details – Gretex Corporate Services
| Date | Details |
|---|---|
| September 05, 2008 | The company was originally incorporated as “Dynamic Tradeserv Private Limited” at Kolkata, West Bengal as a private limited company |
| May 28, 2013 | The name of the Company was changed to “Gretex Corporate Services Private Limited” |
| May 12, 2021 | The company was converted into Public Limited Company and the name of the company was changed to “Gretex Corporate Services Limited” |
Objects of the Issue
- Payment of Security Deposit for renting of office space and
- Working Capital Requirements
- General Corporate Purposes
Gretex Corporate Services Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 1,011.22 | 838.21 | 946.16 |
| Total income | 324.63 | 145.31 | 315.53 |
| Profit After Tax | 71.41 | (115.21) | 24.97 |
Gretex Corporate Services IPO Price – Details
| Description | GCS: IPO Details |
|---|---|
| Public Issue | Initial Public offer of 3,01,600 Equity Shares aggregating upto Rs.5.13 crore, Fresh Issue of up to 2,37,600 Equity Shares of ₹10 (aggregating up to ₹4.04 Cr and an Offer for Sale of up to 64,000 Equity Shares of ₹10 (aggregating up to ₹1.09 Cr) |
| Issue Open Date | 27-Jul-21 |
| Issue Close Date | 30-Jul-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 170 |
| Face Value | ₹ 10 |
| Market Lot | 800 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 800 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | GCSL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Gretex Corporate Services IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 800 | 1,36,000 |
| Maximum | 1 | 800 | 1,36,000 |
Gretex Corporate Services IPO DRHP & RHP
Gretex Corporate Services IPO Lead Managers
- Aryaman Financial Services Ltd
Gretex Corporate Services Registrar
- Bigshare Service Pvt Ltd
Gretex Corporate Services IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 27-Jul-21 |
| Bid / Offer Closes on | 30-Jul-21 |
| Finalisation of Basis of Allotment | 04-Aug-21 |
| Initiation of refunds | 05-Aug-21 |
| Credit of the Equity Shares | 06-Aug-21 |
| Commencement of trading – Listing | 09-Aug-21 |
Company Registered Office
Office No. 13, 1st Floor,
Bansilal Mansion,
9-15, Homi Modi Street,
Fort, Mumbai – 400 001,
Maharashtra, India
Company Promoters
- Mr. Arvind Harlalka
- Mr. Alok Harlalka
- M/s. Bonanza Agency LLP
Gretex Corporate Services IPO – FAQS
When Gretex Corporate Services IPO will open ?
The Gretex Corporate Services IPO opens on July 27, 2021 and closes on July 30, 2021
What is the lot size of Gretex Corporate Services IPO ?
Gretex Corporate Services IPO lot size is 800 Shares and the minimum order quantity is 800 Shares.
What is the price band for Gretex Corporate Services IPO ?
The Gretex Corporate Services IPO price band at Rs.170 per share
Who is the Registrar for Gretex Corporate Services IPO ?
The Registrar is Bigshare Service Pvt Ltd
How to apply in Gretex Corporate Services IPO through UPI?
Check the step by step process here – Click here
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