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Gretex Corporate Services offers expanded monetary and consultancy administrations in the space of Capital Markets, Corporate Finance, Corporate Restructuring, Debt Syndication, Compliance Advisory. The organization began tasks in the year 2008, at first captivatingly occupied with giving venture finance administrations to organizations through banks and monetary establishments.
In the year 2011, the organization began offering types of assistance in the capital market like direct posting of organizations on cross country stock trades. Since recent years, it has been completing the matters of the board of raising money exercises, venture warning, endorsing of issues, supervisor, expert or counsel to any issue including corporate warning administrations and as specialist or counselor to the backer.
Gretex Corporate Services is enrolled as SEBI Category-I Merchant Banker having Registration Code INM000012177. Throughout the long term, the organization has effectively executed 21 SME IPOs and 1 BSE Startups Segment under SME Platform of BSE Limited. Its administrations incorporate Capital Markets, Corporate Finance, Corporate Restructuring, Compliance Advisory.
| Subscription Dates | 27 – 30 July 2021 |
| Price Band | INR170 per share |
| Fresh issue | 237,600 shares (INR4.04 crore) |
| Offer For Sale | 64,000 shares (INR1.09 crore) |
| Total IPO size | 301,600 shares (INR5.13 crore) |
| Minimum bid (lot size) | 800 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
| FY2019 | FY2020 | FY2021 |
Revenue | 315.53 | 145.31 | 324.63 |
Expenses | 285.03 | 259.14 | 249.90 |
Net income | 25.13 | -160.35 | 61.54 |
Net margin (%) | 8.0 | -110.4 | 19.0 |
Earnings Per Share (EPS): INR7.44
Price/Earnings (PE ratio): 22.85
Return on Net Worth (RONW): 9.80%
Net Asset Value (NAV): INR69.78 per share
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Gretex Corporate Services Ltd | Aug 9, 2021 | 170 | 180.6 | 6.24% |
NSE : NA
BSE : 543324
ISIN CODE : INE199P01028
BSE India – Click Here
Kfintech – Click Here
Link InTime – Click Here
Dilip Davda – Avoid
IPO Opening Date: 27 July 2021
IPO Closing Date: 30 July 2021
Finalisation of Basis of Allotment: 4 August 2021
Initiation of refunds: 5 August 2021
Transfer of shares to demat accounts: 6 August 2021
Listing Date: 9 August 2021
Opening Price on BSE SME: INR172 per share (up 1.18% from IPO price)
Closing Price on BSE SME: INR180.6 per share (up 6.24% from IPO price)
Gretex Corporate Services Limited
Office No. 13, 1st Floor,
Bansilal Mansion,
9-15, Homi Modi Street,
Fort, Mumbai – 400 001
Phone: +91 22 4002 5273
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
| Day | Subscription (no. of times) |
| Day 1 | 2.49 |
| Day 2 | 3.87 |
| Day 3 | 4.92 |
| Day 4 | 6.90 |
The Gretex Corporate Services Limited IPO is a SME IPO of ₹170 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 301,600 equity shares of ₹10 (aggregating up to ₹5.13 Crore). The Fresh Issue size is priced at 237,600 equity shares of ₹10 (aggregating up to ₹4.04 Crore).
The initial public offering (IPO) begins on July 27, 2021 and ends on July 30, 2021.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Gretex Corporate Services Limited IPO opens on July 27, 2021 and closes on July 30, 2021. The IPO Issue date may list on Aug 9, 2021.
The Gretex Corporate Services Limited IPO Market lot size is 800 Shares and the minimum order quantity is 800 Shares.
The finalization of Basis of Allotment for Gretex Corporate Services Limited IPO will be done on Aug 4, 2021, and the allotted shares will be credited to your demat account by Aug 6, 2021. Check the Gretex Corporate Services Limited IPO status.
The Gretex Corporate Services Limited IPO listing date is on Aug 9, 2021.
Gretex Corporate Services Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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