Moneycontrol Be a Pro
Get App

You are Here : Moneycontrol Markets IPO Gravita India

IPO Issues Open Now

Gravita India

Description It is engaged in the business of manufacturing of lead metal by recycling & smelting process and other lead products..... More »

Address Saurabh, Chittora Road, Harsulia Mod, Diggi – Malpura, Tehsil – Phagi, Jaipur, Pincode : 303 904

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total

Issue Terms

Issue price / Floor Price (Rs) 120-125
Application per share (Rs) 120.00
Minimum investment amount (Rs) N.A.
Minimum bid (no of shares) N.A.
Maximum Shares for Retail N.A.

Issue Date and Size

Issue opens 01-Nov-10
Issue closes 03-Nov-10
Listing on BSE, NSE
Issue size (Rs cr) 43.2-45
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
Keynote Corporate Services Ltd
Registrar Karvy Computershare Pvt Ltd

Shares on Offer

Shares on Offer Lakhs
Total shares offered 36.00
Of above, offered to public 35.50
Post-issue shares 136.20
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months 12
Turnover 111.67
Net profit / (loss) 5.77
Borrowings N.A.


Objects of Issue

    • To set up additional manufacturing facilities at Jaipur and new facility at Wada, Maharashtra in India
    • To invest in overseas ventures at Sri Lanka- Navam Lanka Limited; Senegal - Gravita Senegal SAU; Honduras – Gravita Honduras SA
    • To invest in setting up manufacturing facilities at Australia, Belarus, Chile and Mexico
    • To provide margin money for working capital requirement

Forum | Add a comment...

See More

Follow us on
Available On
Thank you for Voting

Why do you think so