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Home › IPOs › Ghushine Fintrrade Ocean Ltd.
GH
Ghushine Fintrrade Ocean Ltd.
CLOSED BSE SME Fixed Price IPO Fresh Capital Ghushine Fintrrade Ocean IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹10
Issue Price: ₹ 10
Issue Price
₹10
Face Value
₹10
Lot Size
10,000 shares
Open Date
25 Apr 2016
Close Date
27 Apr 2016
Listing Date
05 May 2016
Exchange
BSE SME
Ghushine Fintrrade Ocean IPO About the Company

Incorporated in 1995, Ghushine Fintrrade Ocean Ltd is engaged in trading activities of various textile materials (semi-finished and finished products) in the textile market. Company is mainly engaged in trading of all kind of fabrics, including cotton, poly cotton, and all kind of synthetic fabrics. Their product range includes both finished and unfinished fabrics. They supply fabrics to various corporates in textile sector.

They are engaged in the trading of following products:

1. Fabric for Suiting & Shirtings
2. Sarees
3. Dress Materials
4. Quilting Fabric
5. Fabric for home furnishings such as curtains

...read more
Ghushine Fintrrade Ocean IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Augmenting additional working capital requirements ₹2
2 Public Issue Expense ₹0
Ghushine Fintrrade Ocean IPO Lead Managers
First Overseas Capital Ltd.
Ghushine Fintrrade Ocean IPO Key Financial Ratios
RONW
0
Issue Details
Total Shares Offered
2,600,000 (100%)
Reserved for Market Maker
Up to ₹0 Cr
Net Offer to Public
Up to ₹2 Cr
Pre-Issue Shareholding
2,344,900 shares
Post-Issue Shareholding
4,944,900 shares
UPI Mandate
27 Apr 2016
IPO Analytics Dashboard
LIVE
Ghushine Fintrrade Ocean IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Moderate
Ghushine Fintrrade Ocean IPO GMP Strength Score
8 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Ghushine Fintrrade Ocean IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 1,230,000 (47%) —
👤 Retail (RII) — 1,230,000 (47%) —
📊 Market Maker — 140,000 (5%) —
Σ Total — 2,600,000 (100%) —

* Amount calculated at upper price band (₹10) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 1,230,000 (47%)
47%
👤
Retail (RII) ? 1,230,000 (47%)
47%
📊
Market Maker ? 140,000 (5%)
5%
Total Shares Offered 2,600,000 (100%)
Ghushine Fintrrade Ocean IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 10,000
Min. Investment ₹100,000
💼 HNI Investors ?
Min. Lots 3
Min. Shares 30,000
Min. Investment ₹300,000
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 10  ·  Symbol: —
H —
L —
O —
Ghushine Fintrrade Ocean IPO Company Info
📍 203, Trividh Chambers, Rushabh Petrol Pump Lane, Ring Road Surat, Gujarat, 395002
Visit Website
Ghushine Fintrrade Ocean IPO Registrar
Purva Sharegistry (India) Pvt.Ltd.
Check Allotment Status
Ghushine Fintrrade Ocean IPO FAQs
Ghushine Fintrrade Ocean IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Ghushine Fintrrade Ocean IPO is ₹10 per share. One lot has 10,000 shares, so the minimum investment is about ₹100,000. It is a Fresh Capital issue.
Ghushine Fintrrade Ocean IPO opened on 25 Apr 2016 and closed on 27 Apr 2016. Shares are listed on BSE SME on 05 May 2016.
Incorporated in 1995, Ghushine Fintrrade Ocean Ltd is engaged in trading activities of various textile materials (semi-finished and finished products) in the textile market.
As per the offer document, Ghushine Fintrrade Ocean plans to use the IPO proceeds for: 1 Augmenting additional working capital requirements (₹2); 2 Public Issue Expense (₹0).
The lead manager of Ghushine Fintrrade Ocean IPO is First Overseas Capital Ltd..
Ghushine Fintrrade Ocean IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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