Gokul Refoils and Solvent Limited (GRSL) | |
Period | 08-May to 13-May 2008 |
Size (Equity Shares) | 7,158,392 |
Type | 100% Book Building |
Face Value | Rs. 10- |
Price Range | Rs 175 to Rs 195 |
Market Lot | 35 |
Max shares Retails investor can apply at cut off | 490 |
Registrar | Intime Spectrum Registry Ltd |
Registrar's email | gokulipo@intimespectrum.com |
Lead Manager | Anand Rathi Securities Ltd, Intensive Fiscal Services Private Ltd |
Listing | BSE, NSE |
Grading | ICRA: 3/5 (This grade indicates that the fundamentals of the issue are average, pursuant to the SEBI Guidelines.) |
About the company | |
Incorporated: 1992. Business of Solvent Extraction, refining of Edible oils and Vanaspati manufacturing. Includes seed procurement, processing, solvent extraction and marketing of edible oils. The major edible oils processed in the plant are Soybean Oil, Sunflower Oil, Palm Oil, Mustard Oil, Groundnut Oil and Vanaspati. | |
Objects of the Issue | |
# Setting up a new 1500 TPD Soyabean processing plant near Gandhidham, Gujarat; # Expansion of our existing edible oil refinery at Surat, Gujarat; # Investment in our wholly owned Singapore subsidiary; # Funding part of our long term working capital; # Brand building activities; # Investment in increasing warehousing capacities and continuous Capex for exising units; # To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges; # General corporate purposes. | |
April 25, 2008
Gokul Refoils and Solvent Limited - IPO
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