Gretex Corporate Services Ltd IPO – The Initial Public Offering (IPO) will open on 27 July (Tuesday). The four-day public issue will end on 30 July. The market timings of this IPO will be between 10 am and 5 pm. The stock symbol after listing will be GSCL. Want to know more about it? Here is your answer.    

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Gretex Corporate Services Ltd IPO - Key details of this issue: 

  • Security Type – Equity 
  • Symbol – GCSL 
  • Issue Period - 27 July 2021 to 30 July 2021 
  • IPO Market Timings – Between 10 am and 5 pm 
  • Post Issue Modification 2 August 2021 
  • Post Issue Modification on 2 August 2021 from 10 am to 11 am 
  • Cut-off time for UPI Mandate Confirmation – 2 August 2021 (up to 12 pm) 
  • Issue Size - Number of Shares are 301,600 
  • Face Value – Rs 10 
  • Issue Price – Rs 170 
  • Premium – Rs 160 
  • Market Lot - 800 
  • Minimum Bid Quantity - 800 
  • Maximum Bid Quantity  286400 

The stock will be listed on BSE. The lead managers for this issue is Aryaman Financial Services Limited. 

 Retail Individual Investors (RIIs) shall have Unified Payments Interface (UPI) as an additional payment mechanism with Application Supported by Block Amount (ASBA) for making payments. All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments 

The registrar of this issue is Bigshare Services Private Limited while the sponsor bank is    ICICI Bank Limited. 

This information is available on the BSE.  

Gretex Corporate Services Ltd is a financial and consultancy service company. The Company is promoted by Arvind Harlalka, Alok Harlalka and Bonanza Agency LLP (erstwhile known as Bonanza Agency Private Limited). 

Gretex Corporate Services Private Limited (GRETEX) was established in the year 2008. Gretex is a Category- I Merchant Banker registered with SEBI, company website says. The company is SEBI registered Merchant Banker providing a bouquet of financial and capital market services to our valued client spread across the country, it further says.