IPO IPO-Synopsis
Gajanand International Ltd

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Registered Office: Survey # 1257/1266,Jasdan Atkot Road Jasdan , Rajkot - 360050 , Gujarat , India.
Phone : +91 99094 46110   Fax:
Email :  gajanandcottex@gmail.com  
Website :  www.gajanand-int.com
Public issue of 57,36,000 equity shares of face value Rs10/- each of Gajanand International Limited. ("Gajanand" or the "Company" or the "Issuer") for cash at a price of Rs36/-per equity share ("Issue Price") including a share remium of Rs26/- per equity share), aggregating to aggregating to Rs20.65 crores ("The Issue"), out of which, 2,76,000 equity shares of face value of Rs10/- each for cash at a price of Rs36/- per equity share aggregating to Rs0.99 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 54,60,000 equity shares of face value of Rs10/- each at an issue price of Rs36/- per equity share aggregating to Rs19.66 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.45% and 28.99%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each and the issue price is Rs36 the issue is 3.6 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-24 11-Sep-24 Rs36.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 19.00
Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 20.65  
Post Issue Equity Share Capital 18.84  
Issue Price Rs36.00  
Projects
Working capital requirementGeneral corporate purposes
Promoted By
Ashok Bhagvanbhai Monsara
Truptiben Ashokbhai Monsara
Ashish Dhirajlal Monsara
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt