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Grover Jewells Ltd
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Registered Office :
No C-44/5 1st Flr Lawrance Rd-,Industrial Area North West
,
New Delhi
-
110035
,
New Delhi
, India.
Phone :
+91 92180 12596 Fax:
Email : cs@groverjewells.com
Website : www.groverjewells.com
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Initial public offer of up to 38,44,800 equity shares of face value of Rs10/- each ("Equity Shares") of Grover Jewells Limited (the "Company" or the "Issuer") for cash at a price of Rs83-Rs88 per equity share, including a share premium of Rs73-Rs78 per equity share (the "Issue Price"), aggregating to Rs31.91-Rs33.83 crores ("the Issue"), of which 1,93,600 equity shares of face value of Rs10/- each for cash at a price of Rs83-Rs88 per equity share, aggregating to Rs1.61-Rs1.70 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e., issue of up to 36,51,200 equity shares of face value of Rs10/- each for cash at a price of Rs83-Rs88 per equity share, aggregating to Rs30.30-Rs32.13 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paidup equity share capital of the company.
Price Band: Rs83/- to Rs88/- per equity share of face value of Rs10/- each.
The floor price is 8.3 times the face value of the equity shares and the cap price is 8.8 times of the face value of the equity shares.
Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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04-Feb-26
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06-Feb-26
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Rs 83.00-88.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :3200 Further
Multiples of :1600
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.00
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| Finshore Management Services Limited |
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Project Financed through Current Offer
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31.91
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Post Issue Equity Share Capital
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14.51
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Issue Price
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Rs 83.00
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