.PNG&w=256&q=75)
Ganga Forging Limited IPO
NSE SMERs 1,26,000 / 6000 Shares
Ganga Forging Limited IPO Details
The Ganga Forging Limited IPO price band is set between Rs 21/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Jun, 2018 and closes on 3 Jun, 2018. Investors can check the allotment status on 9 Jul, 2018, while the listing date is tentatively scheduled for 11 Jul, 2018.
The total issue size is Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr, aggregating up to . Stay tuned for the latest Ganga Forging Limited IPO review and GMP updates.
Ganga Forging Limited IPO Review, Rating & Analysis
Ganga Forging Limited IPO Review
NO REVIEWGanga Forging Limited IPO Rating
Ganga Forging Limited IPO Highlights
IPO Date
Jun 29, 2018 - Jun 3, 2018
Listing Date
11 Jul, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 21/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Ganga Forging Limited IPO Lot Size
The minimum market lot for Ganga Forging Limited IPO is 6000 shares with an application amount of ₹1,26,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,26,000 |
| Retail (Max) | 1 | 6000 | ₹1,26,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,52,000 |
| S-HNI (Max) | 7 | 42000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 48000 | ₹10,08,000 |
Ganga Forging Limited IPO Timeline
Issue Price
Rs 21/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
Pantomath Capital Advisors Private LimitedIssue Size
Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Hiralal Mahidas Tilva
- Mr. Rakesh Chaganlal Patel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Ganga Forging Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,28,000 | 11,28,000 | 22,56,000 |
Day 1 -29-06-18 | 8,34,000 0.74 x | 9,84,000 0.87 x | 18,18,000 0.81 x |
Day 2 -02-07-18 | 8,34,000 0.74 x | 15,66,000 1.39 x | 24,00,000 1.06 x |
Day 3 -03-07-18 | 9,48,000 0.84 x | 31,62,000 2.80 x | 41,10,000 1.82 x |
Day 4 -04-06-18 | N/A x | N/A x | N/A x |
Day 4 -05-06-18 | N/A x | N/A x | N/A x |
Frequently Asked Questions about Ganga Forging Limited IPO IPO
When will Ganga Forging Limited IPO open for subscription?
The Ganga Forging Limited IPO opens on 29 Jun, 2018 and closes on 3 Jun, 2018.
What is the investors portion for Ganga Forging Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1128000.
How to apply for Ganga Forging Limited IPO?
You can apply for Ganga Forging Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ganga Forging Limited IPO?
The issue size of Ganga Forging Limited IPO is approx ₹Fresh Issue of 23,82,000 Equity Shares of Rs 10/- each at a price of 21/- per share aggregating to 5.00 Cr crores.
What is the price band of Ganga Forging Limited IPO?
The price band for Ganga Forging Limited IPO is Rs 21/ to ₹ Per Equity Share.
What is the lot size of Ganga Forging Limited IPO?
The minimum bid (lot size) for Ganga Forging Limited IPO is 6000 shares with an investment of approx Rs 1,26,000 .
What is the allotment date of Ganga Forging Limited IPO?
The allotment date for Ganga Forging Limited IPO is 9 Jul, 2018.
What is the listing date of Ganga Forging Limited IPO?
The listing date for Ganga Forging Limited IPO is expected to be 11 Jul, 2018.
What is the GMP of Ganga Forging Limited IPO?
The latest Grey Market Premium (GMP) for Ganga Forging Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.