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Gretex Corporate Services Limited

Jul 27, 2021 – Jul 30, 2021
Listed Price:
₹172.00
(+1.18%)
Price Band₹170 - ₹170
Lot Size800 Shares
Allotment DateAug 04, 2021
Listing DateAug 09, 2021
Subscription-
Issue Size₹5.13 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Gretex Corporate Services Limited's achieved publicly listed status following its IPO debut on Aug 09, 2021 at the BSE platform. The offering successfully mobilized 3,01,600 Shares, with 2,22,400 Shares allocated to corporate growth initiatives and ₹1.00 Cr providing liquidity to existing shareholders.

Investment participation occurred within the established price band of ₹170 to ₹170, starting from minimum lots of 800 shares. The subscription window from Jul 27, 2021 through Jul 30, 2021 enabled investor participation across market segments.

Share allocation was completed on Aug 04, 2021, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Gretex Corporate IPO Details
IPO Date
:
Jul 27, 2021 to Jul 30, 2021
Allotment Date
:
Aug 04, 2021
List Date
:
Aug 09, 2021
Lot Size
:
800 share
Issue Price
:
₹170 - ₹170
Issue Size
:
3,01,600 (aggregating up to 5.13 Cr)
Fresh Issue
:
2,22,400 (aggregating up to 4.00 Cr)
Offer For Sale
:
64,000 (aggregating up to 1.00 Cr)
Listing At
:
BSE
Share Holding Pre-Issue
:
8,99,745
Share Holding Post-Issue
:
11,37,345
Market Marker Portion
:
15,200
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares3,01,600
Market Maker
5.04%(15,200)
NII (HNI)
47.48%(1,43,200)
RETAIL
47.48%(1,43,200)
Total
100.00%(3,01,600)
Gretex Corporate IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Gretex Corporate IPO About Company

Incorporated in 2008, Gretex Corporate Services Ltd is a SEBI-registered merchant banker and financial consultancy firm in India that provides a wide range of services including fund raising, investment advisory, underwriting, and corporate advisory. The company started as a project finance service provider working with banks and financial institutions and has gradually expanded into areas such as capital markets, corporate finance, debt syndication, corporate restructuring, and compliance advisory. Its services cover IPOs, delisting, rights issues, open and exit offers, private equity, valuation, venture capital, debt and bank financing, mergers and acquisitions, takeovers, demergers, and statutory and secretarial compliance support.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Gretex Corporate IPO Strength Factors
  1. Diversified Services: Offers a wide range of financial and consultancy solutions.
  2. Experienced Management: Backed by rich managerial expertise.
  3. Quality & Relationships: Delivers standard quality services with long-term customer relationships.
⚠️Gretex Corporate IPO Risk Factors

NA

🏦Gretex Corporate IPO Lead Manager(s)
Aryaman Financial Services Limited
👤Gretex Corporate IPO Promoter(s)
  1. Mr. Arvind Harlalka
  2. Mr. Alok Harlalka
  3. M/s. Bonanza Agency LLP
🏢Gretex Corporate IPO Company Details

Gretex Corporate Services Limited

Phone:+91 – 22 - 4002 5273
address:Office No. 13, 1st Floor, Bansilal Mansion 9-15, Homi Modi Street, Fort Mumbai – 400 001
📋Gretex Corporate IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
❓Gretex Corporate IPO FAQs
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