✓
Open
1 Nov 2010
✓
Close
3 Nov 2010
3
Allotment
—
✓
Listing
Tue, Nov 16, 2010
Price Band
₹120 to ₹125
Issue Size
36,00,000 shares (agg. up to ₹45 Cr)
Lot Size
50 Shares
Listing Date
Tue, Nov 16, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 42.24x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| NMDC Ltd. | Mainboard | ₹9,930.45 Cr | ₹300 | null | ₹294.50 | -1.83% | ₹83.22 (-1.09%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up additional manufacturing facilities at Jaipur and new facility at Wada, Maharashtra in India. | 13.02 |
| 2 | To invest in overseas ventures at 1. Sri Lanka- Navam Lanka Limited. 2. Senegal - Gravita Senegal SAU. 3. Honduras – Gravita Honduras SA | 5.85 |
| 3 | To invest in setting up manufacturing facilities at Australia, Belarus, Chile and Mexico. | 18.60 |
| 4 | To provide margin money for working capital requirement. | 10.00 |
| 5 | For general corporate purposes. | 0.50 |
| 6 | To meet the expenses of the issue. | 3.12 |
About Gravita India IPO
Incorporated in 1992, Gravita India Ltd is engaged in the business of manufacturing of Lead Metal by Recycling & Smelting process & other lead products. Gravita India Ltd is flagship Company of the Gravita Group which was established in the year 1992 and has manufacturing set up at Jaipur. Company carry out smelting of Lead Ore / Lead Concentrate / Lead Battery Scrap to produce primary & secondary Lead Metal, which is further transformed into Pure Lead, Specific Lead Alloy, Lead Oxides (Lead Sub-Oxide, Red Lead, and Litharge) and Lead Products (Lead Sheets, Lead Pipes etc.) with proven technology and processes.Gravita India manufacture multiple products related to lead which are mainly used in industries like battery, glass, ceramic, pharmaceutical, paint, electronic. Their main products Pure/ Refined Lead, Lead Ingots, Lead Alloys, Grey Oxide, Red Lead and Litharge. The Group have 9 Lead manufacturing units, out of which two are in Asia and five are in African continent. Apart from lead processing, the Gravita Group is engaged in merchant trade of Lead scrap, Lead ore, Lead concentrates, Lead battery scrap and Lead products.The company has established subsidiaries and interests in
Contact Details
Gravita India Ltd. AddressSaurabh', Chittora RoadHarsulia Mod, Diggi-MalpuraTehsil: PhagiJaipur, Rajasthan, 303904+91-9928070682companysecretary@gravitaindia.comVisit Website