Ghushine Fintrrade Ocean Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Apr 2016

Close Date

27 Apr 2016

Allotment

03 May 2016

Listing Date

05 May 2016

Exchange

BSE SME

Price Band

₹10

Listing Price

See chart

Allotment Status

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Price Band

₹10

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

26,00,000 shares (aggregating up to ₹2.60 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹100,000

1 lot

Pre-IPO Holding

23,44,900 shares

Promoters

Post-IPO Holding

49,44,900 shares

Promoters

UPI Deadline

2016-04-27

Mandate

Anchor AllotmentSun, 24 Apr 2016

Basis of AllotmentTue, 03 May 2016

Refund InitiationWed, 04 May 2016

Demat CreditWed, 04 May 2016

Listing DayThu, 05 May 2016

UPI Mandate Deadline2016-04-27

Sale TypeFresh Capital

Net Offer to Public24,60,000 shares (aggregating up to ₹2.46 Cr)

Market Maker Quota1,40,000 shares (aggregating up to ₹0.1400 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Ghushine Fintrrade Ocean Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Apr 2016.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	140,000	—	₹0.14
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,600,000	100%	₹2.60

IPO Shares Offered

Ghushine Fintrrade Ocean Ltd. IPO total issue size: ₹2.60 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	140,000	₹0.14	5.38%
Total	2,600,000	₹2.60	100.00%

* Based on upper price band ₹10 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹10.00

Upper Band

Min Investment

₹100,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹200,000
Retail (Max — 2 Lots)	2	20,000	₹200,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,400,000
B-HNI (Min — 68 Lots)	68	680,000	₹6,800,000

* Issue Price ₹10 × Lot Size 10,000 shares

IPO Schedule

Anchor

24 Apr 2016

✓ Done

IPO Open

25 Apr 2016

✓ Done

IPO Close

27 Apr 2016

✓ Done

Allotment

03 May 2016

✓ Done

Refunds

04 May 2016

✓ Done

Demat Credit

04 May 2016

✓ Done

Listing Day

05 May 2016

✓ Done

₹10.00

INR · BSE

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Issue ₹10.00 Live Price

About Ghushine Fintrrade Ocean Ltd.

Incorporated in 1995, Ghushine Fintrrade Ocean Ltd is engaged in trading activities of various textile materials (semi-finished and finished products) in the textile market. Company is mainly engaged in trading of all kind of fabrics, including cotton, poly cotton, and all kind of synthetic fabrics. Their product range includes both finished and unfinished fabrics. They supply fabrics to various corporates in textile sector.They are engaged in the trading of following products:1. Fabric for Suiting & Shirtings2. Sarees3. Dress Materials4. Quilting Fabric5. Fabric for home furnishings such as curtains

Objects of the Issue

1 Augmenting additional working capital requirements

2 Public Issue Expense

Ghushine Fintrrade Ocean Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

RoNW

0.28

Issue Structure & Shareholding

Total Shares Offered26,00,000 (100.00%)

Net Offer to Public24,60,000 shares (aggregating up to ₹2.46 Cr)

Reserved for Market Maker1,40,000 shares (aggregating up to ₹0.1400 Cr)

Pre-Issue Promoter Holding23,44,900 shares

Post-Issue Promoter Holding49,44,900 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Purva Sharegistry (India) Pvt.Ltd.

+91-022-23018261/ 23016761

busicomp@vsnl.com

https://www.purvashare.com/investor-service/ipo-query

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Book Running Lead Managers

First Overseas Capital Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Ghushine Fintrrade Ocean Ltd. IPO subscribed? ▲

Ghushine Fintrrade Ocean Ltd. IPO is subscribed 1.00 times by Apr 27, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Ghushine Fintrrade Ocean Ltd. IPO retail subscription status? ▼

The Ghushine Fintrrade Ocean Ltd. IPO retail category is subscribed 1.00 times as of 27 Apr 2016. The retail portion is oversubscribed.

How to subscribe Ghushine Fintrrade Ocean Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Apr 2016 and closes 27 Apr 2016. Min investment: ₹100,000 (1 lot = 10,000 shares). UPI mandate: 2016-04-27.

How many times Ghushine Fintrrade Ocean Ltd. IPO subscribed? ▼

The Ghushine Fintrrade Ocean Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ghushine Fintrrade Ocean Ltd. IPO allotment? ▼

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd.) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 03 May 2016. Refunds: on 04 May 2016.

When Ghushine Fintrrade Ocean Ltd. IPO will be listed? ▼

The Ghushine Fintrrade Ocean Ltd. IPO listing date is 05 May 2016, Thursday. Listed on: BSE SME. Issue price: ₹10. Estimated listing: ₹10. GMP: NIL.

When Ghushine Fintrrade Ocean Ltd. IPO close? ▼

The Ghushine Fintrrade Ocean Ltd. IPO closes on 27 Apr 2016, Wednesday. UPI mandate: 2016-04-27. Allotment: 03 May 2016. Listing: 05 May 2016.

Quick Actions

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Live Price LIVE

Last Price₹10.00

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Issue Price₹10.00

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Quick Summary

StatusListed

Issue Price₹10

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹100,000

GMPNIL

Est. Listing₹10

Subscribed1.00x

Open Date25 Apr 2016

Close Date27 Apr 2016

Allotment03 May 2016

Listing Date05 May 2016

ExchangeBSE SME

UPI Deadline2016-04-27