Gleam Fabmat Ltd

About the Company:

Gleam Fabmat trades in wide range of aluminium products such as Aluminium Sheets, Aluminium Coils, Rivets etc and textiles products.

Company plans to leverage its promoter networks in the Trading community of Delhi and it has expanded its verticals by venturing into Fabric segment in Delhi.

Company is in the process of building a quality and innovation focused trading vertical as well as developing a strong team to cater to its proposed increased operational needs.

Company’s trading activities are focused only in Delhi; however company intends to cater to the increasing demand of the existing customers and also to increase the existing customer base by enhancing the distribution reach of products in different parts of the country.

Company deals in a range of products like Aluminum Products viz. Aluminum Sheets/coils and textiles viz. cotton fabrics which would gives opportunity to expand and explore new markets. These products have wide scale applications in both B2B and B2C segments.

 

Company’s Classification of Major Product offerings: 

Management Team:

  1. Mr. Amit Gupta (Designation: Managing Director & Chief Financial Officer)
  2. Mr. Arun Gupta (Designation: Whole-Time Director)
  3. Mr. Anil Kumar Gupta (Designation: Whole-Time Director)

 

Objectives of the Issue:

  • Working capital requirements
  • Funding expenditure for General Corporate Purposes

 

Financials of the Company:

(in Crores) 20th June to 30th Sept 18
Revenue 10.22
Net Profit 0.20

 

IPO Details:

Details Info
Issue Opens on 19th February 2019
Issue Closes on:. 22nd February 2019
Issue Price Rs.10
Face Value Rs.10
Minimum Lot 10,000
Minimum Investment Rs.1,00,000
Issue Constitutes 31.14%
Issue Size Rs.3.12 cr
Market Cap Rs.10 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 31,20,000
Equity Shares Prior to the Issue 68,98,000
Equity Shares after the Issue 1,00,18,000

 

Important Dates:

Finalization of Basis of Allotment on or Before 27th February 2017
Initiation of Refunds on or Before 28th February 2017
Credit of Equity Shares: on or Before 1st March 2018
Listing Date: on or Before 5th March 2018

 

 

Check IPO Allotment Status:

Bigshare Website (Click on the below Link)

http://www.bigshareonline.com/bssipoapplicationstatus.aspx

 

 

Company Contact Info:
Gleam Fabmat Ltd
5504/15, G/F, Basti Harpool Singh,
Sadar Bazar, North Delhi – 110 006
Tel No: +91 80682 11160
Email: info@gfl.org.in
Website: www.gfl.org.in

 

IPO Registrar Info:
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 – 22 – 6263 8200
Fax No.: +91 – 22 – 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

 

Lead Manager to the Issue:
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg
Fort, Mumbai – 400 001
Tel No.: +91 – 22 – 6216 6999
Fax No.: +91 – 22 – 2263 0434
Email: ipo@afsl.co.in
Website: www.afsl.co.in