Glory Films Ltd - IPO

Glory Films Ltd IPO Details

Initial public issue of 82,20,000 equity shares of Rs. 10/- each for cash at a premium of Rs.38/- per equity share aggregating Rs.39.46 Crores (hereinafter referred to as the issue). The issue would constitute 47.06% of the fully diluted post issue paid-up capital of Glory Polyfilms limitedThe face value of the equity share is Rs.10/- and the issue price is 4.8 times of the face value.Issue Price : Rs.48/- per Equity Share of Rs.10/- each

Objective of issue

To Part Finance the Expansion of Multlayer Film. To Part Finance the Expansion of Printing Capacity. To Part Finance the Expansion of Lamination Film. To Meet the Working Capital Margin requirements.

Glory Films Ltd Contact Details

Glory Films Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - investor@glorypolyfilms.com