Gconnect Logitech & Supply Chain Ltd - IPO

Gconnect Logitech & Supply Chain Ltd IPO Details

Initial public issue* of 14,01,000 equity shares of face value Rs. 10/- each (Equity Shares) of Gconnect Logitech and Supply Chain Limited (The Company or the Issuer) for cash at a price of Rs. 40 per equity share (including a securities premium of Rs. 30 per equity share) (Issue Price), aggregating to Rs. 5.60 crores (the Issue). 75,000 equity shares aggregating to Rs. 0.30 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 13,26,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 40 per equity share aggregating to Rs. 5.30 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 37.67 % and 35.65 % respectively of the post- issue paid-up equity share capital of the company.*Subject to finalisation of basis of allotmentThe face value of the equity shares is Rs. 10/- each and the issue price is 4.00 times of the face value.

Objective of issue

Purchase of Vehicles and Bodybuilding. Finance the Website Development and App Designing. General Corporate Purposes.

Gconnect Logitech & Supply Chain Ltd Contact Details

Gconnect Logitech & Supply Chain Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - contact@gconnectlogitech.com

Website - www.gconnectlogitech.com