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Ganga Forging Ltd

Registered Office: Plot No 1 SNO 298 & 30,Rajkot Gondal N H Veraval(Shap, Ahmedabad - 360024, Gujarat, India.
Phone : 91-2827-252208/252077   Fax:91-2827 252208
Email :  info@gangaforging.com  
Website :  www.gangaforging.com

Public issue of 23,82,000 equity shares of face value of Rs.10/- each ("equity shares") of Ganga Forging Limited (the "company" or the "issuer") for cash at a price of Rs. 21 per equity share, including a share premium of Rs. 11 per equity share (the "issue price"), aggregating Rs. 5 Crores ("the issue"), of which 1.26.000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 21 per equity share, aggregating Rs. 0.26 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion I.E. issue of 22.56.000 equity shares of face value of Rs.10 each for cash at a price of Rs. 21 per equity share, aggregating Rs. 4.74 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 29.97% and 28.39% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price of Rs. 21 is 2.1 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Jun-18 03-Jul-18 21.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 5.00 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 5.00  
Post Issue Equity Share Capital 7.95  
Issue Price 21.00  

Projects

  • To Finance setting up of Closed Die Forging Manufacturing Facility
  • General Corporate Purposes

Promoted By

Hiralal Tilva

Rakesh Patel

Listing At

NSE - SME

Registrar to the Issue

No Data Available

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