29 Apr 07 Glory Polyfilms Limited IPO
Glory Polyfilms Limited IPO : Glory Polyfilms Limited is all set to tap the Indian capital markets with an IPO in May. The Glory Polyfilms Limited IPO is a fixed price IPO. Glory Polyfilms Ltd is one of the leading polyfilms manufacturer in India. Glory Polyfilms Limited IPO opens for subscription on 9th may and closes for subscription on 15th May.
Glory Polyfilms Limited IPO Details
Glory Polyfilms Limited is coming out with a public issue of 82,20,000 equity shares of Rs. 10/- each for cash at a premium of Rs.38/- per equity share aggregating Rs.39.46 Crores. The Glory Polyfilms IPO issue would constitute 47.06% of the fully diluted post issue paid up capital of Glory Polyfilms limited. The face value of equity shares of Glory Polyfilms Ltd is Rs.10 and the issue price is 4.8 times of the face value. Issue Price is Rs. 48 per Equity Share of face value Rs.10 each.
Object of the IPO issue as per the Glory Polyfilms Ltd IPO prospectus
- To Part Finance the Expansion of Lamination Film
- To Part Finance the Expansion of Printing Capacity
- To Part Finance the Expansion of Multlayer Film
- To Meet the Working Capital Margin requirements
Glory Polyfilms IPO Prospectus
For more information, read the draft red herring prospectus of the Glory Polyfilms IPO.
Listing Date : Glory Polyfilms Limited will list in the stock markets on Monday 18 june 2007. The Glory Polyfilms IPO issue price was Rs. 48. Lets see at what premium Glory Polyfilms lists to its issue price. The IPO refund has already been sent by ECS.
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when is is the listing date for glory ploy films..does it undersubscribed or over subscribed..
Dear sir,
I have ordered an IPO of GLORY POLIFILMS LTD (Qty-250).Till date nothing has been reflected in my demat allocation of ICICI bank.When is the listing date or already listed out…pls intimate me through E-mail.
Thanking you! Yours faithfully,
M S Sharma