Chennai-based Jeyyam Global Foods was set up in March 2008. It focusses on manufacturing, processing and supplying ‘chana’ and its derivatives such as fried chickpeas and besan flour. The customers are wholesalers, large retailers, hotels, restaurants and supermarkets.
Jeyyam Global Foods issue size, dates
It is an SME book-built issue, bidding for which will be open between September 2 and 4, 2024. The IPO wants to mop up a fresh issue of Rs 73.74 crore and an OFS of Rs 8.19 crore.
The basis of allotment will be decided on September 5, 2024 and the refunds will be initiated on the next day. The listing is likely to happen on September 9, 2024 at the NSE, SME.
Jeyyam Global Foods price band, GMP
The price of an equity share of Rs 5 face value has been fixed at Rs 59.00-61.00. On September 1, the GMP is Nil according to Investorgain. However, GMP is an unofficial measure. A positive GMP indicates that the shares will list at a price higher than the price band.
Jeyyam Global Foods minimum lot
One can apply for a minimum of 2,000 shares amounting to Rs 1,22,000. For HNIs the minimum lot if 4,000 shares involving double the retail amount.
Gala Precision Engineering business
Gala Precision Engineering is based in Thane, Maharashtra and was set up in 2009. It manufactures engineered springs and specialty fastening solutions for original equipment manufacturers in wind energy, hydel power, electrical, off-highway equipment, infrastructure and general engineering sectors.
Gala Precision Engineering issue size, dates
The management Gala Precision Engineering wants to raise Rs 167.93 crore – a fresh issue of Rs 135.34 crore and OFS of Rs 32.59 crore. The shares are supposed to be listed on BSE and NSE on September 9, 2024. The allotment will take place on September 5 and refunds will take place on September 6, 2024.
Gala Precision Engineering price band, minimum lot
The price of an equity share, the face value of which is Rs 10, has been fixed at Rs 503.00-529.00. Retail investors can apply for a minimum of 28 shares amounting to Rs 14,812.
Gala Precision Engineering GMP
According to Investorgain the GMP stood at Rs 240, which indicates that the listing can take place at Rs 529 + Rs 240 = Rs 769. It is an unofficial figure and indicates the listing gains an investor can make.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
The IPO of these two companies are scheduled to open on Monday September 2, 2024 for bids. The last date for bids is September 4. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
