IPO SYNOPSIS

Garment Mantra Lifestyle Ltd
Registered Office:
No 15 Murthys Plaza,Karia Gounder Street Khaderpet,
Tirupur - 641601,
Tamil Nadu, India.
Public issue of 10,00,000 equity shares of face value of (₹) 10.00 each of Junction Fabrics and Apparels Limited ("The Company" or "The issuer") for cash at a price of (₹) 16.00 per equity share (including a share premium of (₹) 6.00 per equity share) ("Issue Price") aggregating to (₹) 1.60 crores ("the issue"), of which 56,000 equity shares of face value of (₹) 10.00 each for a cash price of (₹) 16.00 per equity share, aggregating to (₹) 0.09 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 9,44,000 equity shares of face value of (₹) 10.00 each at an issue price of (₹) 16.00 per equity share aggregating to (₹) 1.51 crores (the "Net issue"). The issue and the net issue will constitute 37.14% and 35.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (₹) 10 each and the issue price is (₹) 16.00. The issue price is 1.60 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Jun-15
29-Jun-15
16.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 8000     Further Multiples of : 8000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
1.14
Hem Securities Ltd
Project Financed
1.60
 
Post Issue
2.69
 
Issue Price
16.00
 
Projects
To meet working capital requirement
Promoted By
Prem Dinanath Aggarwal
Shikha Aggarwal Prem
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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