Gleam Fabmat Ltd IPO Review- Allotments status, IPO detais Skip to main content

Gleam Fabmat Ltd IPO Review- Allotments status, IPO detais


Gleam Fabmat ltd established in 1999 as a proprietorship. The company incorporated in June 2018 in Aluminium and Textile products.  The company is engaged in the business of wholesaler/ distributor and supplier of Aluminium Extrusion & Aluminium Sheets. The primary products of the company are 1. Aluminium Products (a) Aluminium Sheets (b) Aluminium coils, (c) Aluminium Extruded Profile (d) Rivets 2. Textile Products

Company Financial Information:

 Rs. is in Lakh

Jun-sep 2018
Total Revenue
1,022.22
Total expenses
993.05
Profit after tax
20.99

Purpose of the issue:

·        Working Capital Requirements
·        Funding Expenditure for a general corporate purpose

Company Promoters:

·       Amit Gupta
·       Anil Kumar Gupta
·       Arun Gupta

IPO Detail:

Particular
Detail
Issue Open Date
19th Feb 2019
Issue Closing Date
22nd Feb 2019
Face value
10
Price Band (Rs.)
10-
Minimum Bid Quantity
10,000 Equity shares
Maximum Bid Quantity
29,60,000
Market Lot
1
No. of issue share
31,20,000

IPO Draft Link

IPO Allotment Status








IPO Lead Manager
Aryaman Financial Services Ltd.


IPO Listing At
BSE SME





Comparison with listed industry peers

Companies
Basic EPS
PE Ratio
Ronw
NAV
FV
Gleam Fabmat Limited
11.43
N.A
14.01(as on Sep 2018)
11.63
10
Peers:





Garv Industries Limited
0.10
57.60
1.03%
10.10
10
Advitya Trade India Ltd
0.38
97.74
3.00%
12.79
10
Ronw= Return on Net worth
NAV= Net Asset Value

Company Address:

GLEAM FABMAT LIMITED
Pot No. 5504/15, Basti Harphool Singh,
Sadar Thana Road, Delhi- 110006, India

IPO Registrar Office:

Bigshare Services Pvt Ltd.
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai- 400 059

Comments

Popular posts from this blog

Income Tax Deductions and Exemptions for F.Y 2018-19

Income Tax Deductions and Exemptions for F.Y 2018-19When Filing income tax returns for F.Y 2018-19, you must know your rights about  Tax deductions and exemptions. So you can get benefits and can save you tax. 
Tax deduction means tax reduction in tax obligations from gross taxable income. Tax deduction varies in amount because different incomes are treated differently under various sections of the Income Tax Act. It will help reduce the overall tax liabilities and aids you save tax. An income tax can be claimed for the amount spent in charitable contribution, tuitions fees, medical expenses, housing loan. You can get tax deductions from investments like retirement saving schemes, life insurance plans, and national saving schemes etc. Summarise Income Tax deductions under section 80C to 80USections Allowed limit (Maximum) Type of investment, income or Expenses 80C Maximum Rs.1,50,000 (overall of 80C, 80CCC and 80CCD) LIC Premium, NSC, Bank FD’s, EPF, PPF, tuition fees 80CCC Maximum Rs.1,50,00…

Global loan lending Interest Rates by Country- Y capital Adviser

Global loan lending Interest Rates by CountryEvery government has own rules for taking decisions of loan lending interest rate. Each country has central banks, they decide loan rates as per inflations. 

Definition: Bank lending interest loan rate  A bank loan rate is the percentage of Principle charged by the bank for the use of its money. The principle is the amount of total money lent.
When a bank loan rate hike, the new borrower will pay high-interest rate than as usual. If the bank loan rate reduces, then new users will pay low interest than as usual. The low loan rate and high loan rate do the impact on the country. If the loan rate high, many public can’t afford the loan rate.
Why do loan rates change by the bank? Central banks generally increase interest rates when inflation is predicted to rise above their inflation target. High-interest rates moderate tendency towards economic growth. They increase the cost of borrowing, reduces disposable income and therefore limits the co…

Aadhaar card link with Pan Card- Full Process of linking Aadhaar Card - Pan Card online

Aadhaar card link with Pan Card- Full Process of linking Aadhaar Card - Pan Card online The Supreme Court has allowed Aadhar card link with Pan card. The CBDT ( Central Board of Direct Taxes) had extended the deadline date to link Aadhaar Card and PAN Card to 31st March 2019. This post will help you for How to link Aadhaar card link with Pan card online, How to check PAN Card Aadhaar card link status.


A PAN (Permanent Account Number) card is a unique 10 character code assigned to all taxpayers in India. The card links all transactions that attract tax under a single source, which makes the government convenient to track it.
A PAN card is required to file income tax returns in the country, all persons and companies to pay taxes, including foreigners, are expected to be one. All resident Indians can apply for An Aadhar card.
Introduced by the Unique Identification Authority of India, the card is a 12 digit number that acts as evidence of identity proof and address proof. The government…

How to use google finance to track your portfolio

How to use google finance to track your portfolioGoogle finance tool is easy to track your portfolio real time. Here are some functions of google finance,  It will help you in Investing in the stock market
To use Google finance, You have to need a Google Account. This is the easy process to sign up in Google account and it's free and takes less than a minute. Then you can create your portfolio in Google finance. You can add stocks and Mutual Funds in your portfolio. You can also access your Google finance in your mobile devices.

You can access Google Finance by simply visiting www.google.com/finance. This will redirect to google finance home page. Google finance page you found a market summary tab of your watch list, recently searched stocks, stock market news, United status stock market indices, World's top stock market indices, and currencies price etc. Save your stocks in your stock sections you have to follow the stock and then it will appear in your stock sections.


What …

Best useful stock Screeners for Indian stock market

Best Useful Stock Screeners For Indian Stock  To find out multi-bagger stock is not an easy task, investor required much preparation, as well as they, require good fundamental knowledge and best useful stock Screeners website or apps. These websites will help an investor to find out the best stock and they easily get some decisions. Also, many stock screeners website and apps are available in the India stock market. Here I am discussing the best 4 Websites, These website lists I created through experience which many investors use to find stock on the basis of Technical and fundamental. 


There are over 5,600+ companies listed on Indian stock market. It doesn't make sense to read the balance sheet, cash-flow, profit and loss statement of all the listed companies. In order to select the best stock for investment, investor or traders look at a balance sheet,  profit & loss, PE ratio, debt & equity ratio and a lot of the parameters. That's why stock screeners can be a very us…

Easy steps to improve your CIBIL Score

Easy steps to improve your CIBIL ScoreMany lenders some time confused about how to improve theCIBIL score. Every lender has different parameters to issue for a specific loan amount. The Reserve Bank of India has ordered that all banks should check the CIBIL score of each loan/credit card applicant at the time of valuation.

What is CIBIL score?
Your CIBIL report keeps track of your past payments on loans and credit cards. Lenders take into account your past behavior with your current behavior to determine your future intentions.

If you have a bad CIBIL score, here are some important tips to improve your CIBIL score free.



CIBIL is one of the leading credit agency in India. It has functioned as a credit information company from Jan 2001.CIBIL score is a three-digit number, ranging from 300 to 900. An individual person with no credit history will have a score of -1. If the credit history is less than 6 months, the score will be zero. It takes time to build up a satisfactory credit score, usua…

The benefit of filing an income tax returns - If the assessee has below exemption limit

The benefit of filing an income tax returns - If the assessee has below exemption limit
Most millenniums think that if their salary falls below taxable brackets, they do not file ITR (Income Tax Returns). However, that's not right. There is a need to file tax returns after they enter a job and start earning. When investing in mutual funds, stock markets, real estate you may gain or loss. This loss you can cover next year. Thus, Filing ITR has many benefits.
Benefits of filing Income Tax Returns  For Hassle-free Visa Procedure: Income tax returns file required when applying the process of visa for USA, Canada, U.k. At the time of processing, visa authorities ask for copies of last one year ITR. Carry forward losses in the next financial year If assessee will file the returns within due date, be able to to get carry forward losses to subsequent years, which can be used to set off against income of forthcoming year. As per the income tax provisions, If tax returns do not file within…

Zero debt companies in India- Benefit of the zero debt companies and List of the zero debt companies

Meaning - Debt Free Company  Debt free company means who have zero debt. Zero debt indicates that the financial health of the company is very good. This type of companies is one of the best choices for investment. They are capable to bear up against any type of economic conditions. Debt-free companies are like many way ex- sources of cash, uses of cash. The benefit of Debt free company Benefits of zero debt company- Source of cash Fast collection receivable from a customer Improve the efficiency of revenue generating processesFaster turn inventories with reducing inventory balanceReduce operating expensesIncrease gross margin of services and products Benefits of zero debt company- Uses of cashIncrease working capital in it's all forms-A/R, inventory, etcIncrease interest experiences as a result of increasing debt or rate increaseCapital expenditure ( expense of capital)Become able to add employees or contractors The decrease in gross margin List of the zero debt company SL  1 Inf…

Mutual Funds- Types and Features

Types and features of Mutual funds
There are many investment options are available. But When investing You must have to know What successful people do? Also, We when buying a mobile or anything, What we do? When something buys we are comparing one thing to other things and also bargaining with a price. But as a time of investment, we waste our valuable money as to think our money is safe? Our money Will safe when we investment with proper understanding. Otherwise, we earn with first time and lose second time because this happens with many people. When investing in the stock market, Mutual Funds, Reality sector etc. We first have to understand where we investing and what is the growth of the industry. Here you can learn about what type of mutual funds are available So you can understand and invest as per your goal. This post will help you to understand, how many types of mutual funds and what benefits and features of the Mutual Funds.

What is Mutual Fund? A Mutual fund is a pool of mon…

How to invest in Sovereign Gold Bond?

How to invest in Sovereign Gold Bond? Investing in gold is now easier and more convenient. With the Sovereign Gold Bonds Scheme of the Government of India, you can earn the interest rate guaranteed by eliminating the risk and cost of storage. The investor has many options to invest the money in the stock market, real estate, fixed deposit, mutual funds. As a secure investment this is the best options to purchase gold on electronics form and also you will get dividend/interest in your SGB.
Sovereign Gold Bond BenefitHassle Free: Ownership of gold with a certificate, So you buy without any physical possession also you have no risk and no cost of storage. Tax exemption: The capital gains tax arising on redemption of Sovereign gold bond to an individual has been exempted. Trade on the stock exchange: Bond is tradable in a stock market, some stockbrokers offer this facility to trade your SGB bond in the stock market. Bond Transfer: According to the provisions of the Government Securities Act, …