Gujarat Hy-Spin IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Gujarat Hy-Spin Limited incorporated in 2011 and based in Rajkot, Gujarat. The company is manufacturer of cotton yarns. They are trading in cotton seeds, cotton bales and wash oil. The company selling in domestic market and exporting via third party. The company has plant in 15381 square meters. Gujarat Hy-Spin ipo is starting from 25 January and ends on 31 January. The price band is around 10 with 10000 market lot. The ipo size is around 4.45 crore rupees.

IPO Review:

• Avoid (Risky)

Gujarat Hy-Spin IPO Dates & Price Band:

• IPO Open: 25 January 2018
• IPO Close: 31 January 2018
• IPO Size: Approx Rs 04.45 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs 10 Per Equity Share
• Listing on: BSE SME
• Shares: 4,450,000 
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 10,000 Shares (Minimum Lot Size)
• Amount: Rs.1,00,000

Financial Results:

Rs. in Crore
	2013	2014	2015	2016	2017
Revenues	1.89	12.42	52.12	51.89	52.05
Expenses	1.82	12.63	52.62	51.84	51.83
PAT	0.09	-0.15	-0.34	0.04	0.15

Grey Market Premium:

• The grey market is around N/A Subject to Sauda.

Gujarat Hy-Spin IPO Subscription Status:

• IPO Subscribed 2.37 times on day 3

Gujarat Hy-Spin IPO Allotment Status:

• Click Here

Company Promoters:

• Maganlal Parvadiya
• Chandulal Parvadia

Quick Links:
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Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

IPO Lead Managers:

• PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Company Address:
Gujarat Hy-Spin Limited
P. O. Box No. 22,
Gundala Road,
Gondal, Rajkot 360311
Phone: 02825-297170
Email: cs@gujarathyspin.com
Website: http://www.gujarathyspin.com/