GCM Capital Advisors Ltd - IPO

GCM Capital Advisors Ltd IPO Details

Public issue of 45,00,000 equity shares of face value of Rs. 10 each (equity shares) of GCM Capital Advisors Limited (the company or the issuer) for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 per equity share (the issue price), aggregating Rs. 9.00 crores (the issue), of which 2,28,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.46 crores will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 42,72,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 8.54 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.56% and 25.22% respectively of the fully diluted post issue paid up equity share capital of the company.

Objective of issue

Augmenting long term working capital.

GCM Capital Advisors Ltd Contact Details

GCM Capital Advisors Ltd, 34/1A, Sudhir Chatterjee Rd, , Kolkata - 700006

Phone - 91-33-22196797

Fax - 91-33-22194815

Email - gcmcap@gmail.com

Website - www.gcmcap.com