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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
G V Electricals Ltd
Registered Office: #.324 3rd Flr #.416 Hamm.Indu-, Pre.Co-op Soc.Ltd Narayan Pat., Mumbai - 400016, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offer of upto 32,50,000 equity shares of face value of Rs.10/- each (the "equity shares") of G V Electricals Ltd ("the company" or "GVEL" or "the issuer") at an offer price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores("public offer") comprising of a fresh issue of upto 30,00,000 equity shares aggregating to Rs.[*] (the "fresh issue") and an offer for sale of upto 2,50,000 equity shares by the promoter selling shareholders, Jawed Akhtar and Sunil Lakshman Vatsa (hereinafter refferd as "promoter selling shareholders") aggregating to Rs.[*] crores ("offer for sale"), out of which [*] equity shares of face value of Rs.10/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. offer of [*] equity shares of face value of Rs.10/- each, at an offer price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores is herein after referred to as the "net offer". The public offer and net offer will constitute 28.81% and [*] % respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 0.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Repayment of a portion of certain borrowings availed by its Company
Funding of Working Capital Requirements
General corporate purposes
Promoted By
Jawed Akhtar
Sunil Lakshman Vatsa
Furquan Akhtar
BSE - SME
Registrar to the Issue
Attention Investor
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