Gretex Corporate Services Ltd IPO

BSE SME

Listed On: Aug 9, 2021 at ₹ 172.0

₹ 136000 /800 Shares

Check Allotment

IPO Details

27 Jul, 2021

Open Date

30 Jul, 2021

Close Date

05 Aug, 2021

Allotment Date

09 Aug, 2021

Listing Date

Issue Price

₹170 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

172.0

Listing Date

2021-08-09

Market Lot

800 Shares (₹136,000/-)

Lead Manager

Aryaman Financial Services limited

Issue Size

301,600 Eq Shares of ₹10 (aggregating up to ₹5.13 Cr)

#Fresh Issue: 237,600 Eq Shares of ₹10 (aggregating up to ₹4.04 Cr)

#Offer for Sale: 64,000 Eq Shares of ₹10 (aggregating up to ₹1.09 Cr)

Retail Portion

N/A

Subscription

7.27 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	143,200	143,200	286,400
Day 1 - 27-07-21 07:00 PM	0.83 x	4.15 x	2.49 x
Day 2 - 28-07-21 05:00 PM	1.28 x	6.88 x	4.08 x
Day 3 - 29-07-21 05:00 PM	1.49 x	8.88 x	5.18 x
Day 3 - 30-07-21 05:00 PM	2.37 x	12.17 x	7.27 x

Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	10.11	8.38	9.46
Revenue	3.24	1.45	3.15
Profit After Tax	0.71	(1.15)	0.24

About The Company

Gretex Corporate Services Ltd is a financial and consultancy service provider in India. It is a SEBI registered merchant banker that key business activities include fund raising management activities, investment advisory, underwriting of issues, corporate advisory services, and more.

Initially, the company has started its business as a project finance service provider through banks and financial institutions but over the period, it has expanded its product portfolio and presently, offers services in different areas i.e. capital markets, corporate finance, debt syndication, corporate restructuring, and compliance advisory.

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.48%

Company Promoter(s)

Mr. Arvind Harlalka
Mr. Alok Harlalka
M/s. Bonanza Agency LLP

IPO - Issue Objectives

To make payment of security deposit for renting office space.
Working capital requirements.
General Corporate purposes.

IPO - FAQs

Ans. Gretex Corporate Services Ltd IPO is a SME IPO. The issue is priced at ₹170 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jul 27, 2021, and closes on Jul 30, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Gretex Corporate Services Ltd IPO opens on Jul 27, 2021 and closes on Jul 30, 2021.

Ans. The size of Gretex Corporate Services Ltd IPO is 301,600 Eq Shares of ₹10 (aggregating up to ₹5.13 Cr) #Fresh Issue: 237,600 Eq Shares of ₹10 (aggregating up to ₹4.04 Cr) #Offer for Sale: 64,000 Eq Shares of ₹10 (aggregating up to ₹1.09 Cr).

Ans. The IPO price band is set between ₹170 per equity share.

Ans. To apply for Gretex Corporate Services Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Gretex Corporate Services Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Gretex Corporate Services Ltd IPO is Aug 5, 2021.

Ans. The Gretex Corporate Services Ltd IPO will be listed on Aug 9, 2021.

Ans. Follow the steps to check the allotment status for Gretex Corporate Services Ltd IPO here.