Gretex Corporate IPO

SME IPO Status: Closed [27th Jul 2021 to 30th Jul 2021]

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Gretex Corporate Services SME IPO Details

Gretex Corporate Services Ltd, SEBI registered merchant banker is coming up with an IPO of Rs. 5.13 Cr, comprising fresh issue of Rs. 4.04 Cr and Offer for sale of 1.09 Cr. The IPO opens for subscription on 27 July and closes on 30 July. It is a fixed price IPO and the price is fixed at Rs. 170 per share, 17 times of Rs. 10 face value. IPO lot size (minimum order quantity) is 800 shares. Check out more about Gretex Corporate Services IPO including business overview, key financials, live subscription, allotment, and more.

SME IPO Issue Opening Date: 27th Jul 2021
SME IPO Issue Closing Date: 30th Jul 2021
SME IPO Issue Price: ₹170
IPO Listing At: BSE SME
IPO Category: SME
SME IPO Issue Type: Fixed price IPO
SME IPO Issue Size: 301,600 shares at ₹170 [Aggregating to ₹5.13 Cr]
Offer for Sale: 64,000 shares at ₹170 [Aggregating to ₹1.09 Cr]
Fresh Issue: 237,600 shares at ₹170 [Aggregating to ₹4.04 Cr]
Face Value: ₹10 Per Equity Share
SME IPO Discount: NA
Market Lot: 800 Shares
Min Retail Qty: 800 shares (1 lot)
Max Retail Qty: 800 shares (1 lot)
Promoter Holding Pre IPO: 100%
Promoter Holding Post IPO: 73.48%
BSE Code: 543324
IPO Live GMPIPO Live GMP

About Company - Gretex Corporate Services

Gretex Corporate Services Ltd offers a diversified range of financial and consultancy services in different areas i.e. Capital Markets, Corporate Finance, Corporate restructuring, Compliance Advisory, and Debt Syndication. Initially, it was offering limited financial services through banks and financial institutions but later in 2011, the firm has started offering capital market services such as the direct listing of companies on the stock exchanges. Further, as a merchant banker, it provides underwriting, investment advisory, management of fundraising activities, and other services.

Product portfolio;

  1. Capital Markets: IPOs, Open offer, Exit offer, De-listing, right issue.
  2. Corporate Finance: Private Equity, Venture Capital, Bank Finance, Valuation, and issue of debt securities.
  3. Corporate restructuring: Takeovers, demergers, and mergers & acquisitions.
  4. Compliance Advisory: Statutory Compliances and secretarial support services.
Incorporation Sector IPO Issue Size Website
2008 Financial Services 301,600 shares at ₹170 [Aggregating to ₹5.13 Cr] http://www.gretexcorporate.com/

Gretex Corporate Services SME IPO Objective

  1. To pay security deposit to rent office space.
  2. To meet business working capital requirements.
  3. To meet general corporate purposes.

Gretex Corporate Services SME IPO Important Dates

In this section we have covered all important dates related to Gretex Corporate Services SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Gretex Corporate Services SME IPO important dates
SME IPO Activity Date
SME IPO Issue Open 27th Jul 2021
SME IPO Issue Close 30th Jul 2021
Basis of Allotment Finalisation Date* 4th Aug 2021
Refunds Initiation* 5th Aug 2021
Credit of Shares to Demat Account* 6th Aug 2021
SME IPO Listing Date* 9th Aug 2021

* - Tentative Dates

Gretex Corporate Services SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 143,200 Shares
  • Retail Individual Investor: 143,200 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered143,200143,200286,400
127th Jul 2021 10:340.83x4.15x2.49x
228th Jul 2021 06:491.28x6.88x4.08x
329th Jul 2021 05:021.49x8.88x5.18x
430th Jul 2021 05:022.37x12.17x7.27x

Gretex Corporate Services Financials for past 3 Years

Past performance and financial results of Gretex Corporate Services.

Gretex Corporate Services financial
Gretex Corporate Services Ltd Financials 31-Mar-2021 31-Mar-2020 31-Mar-2019
Total Assets ₹1,011.22 Lakh ₹838.21 Lakh ₹946.16 Lakh
Total Income ₹324.63 Lakh ₹145.31 Lakh ₹315.53 Lakh
Net Profit/Loss ₹71.41 Lakh ₹(115.21) Lakh ₹24.97 Lakh

Gretex Corporate Services SME IPO Strengths

  • Bouquet of financial and consultancy services in varied fields.
  • Highly experienced team of managers.
  • Quality products and services offerings.
  • Strong professional and execution team.

Gretex Corporate Services SME IPO Threats/Weaknesses

  • Technological advances may affect business activities and growth.
  • Subject to strict regulatory requirements i.e. NOCs, license, registration, and permits.
  • Intense level of competition in the financial service industry. 

Gretex Corporate Services SME IPO Recommendations

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@
  NRI Form ⇒

Gretex Corporate Services SME IPO DRHP >>Document

Gretex Corporate Services SME IPO RHP >>Document

Gretex Corporate Services SME IPO Allotment Status >>Gretex Corporate Services SME IPO Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

Gretex Corporate Services Limited
Office No. 13, 1st Floor, Bansilal Mansion
9-15, Homi Modi Street, Fort,,Mumbai, Maharashtra-400 001
India
Website: http://www.gretexcorporate.com/
Phone: +91 22 - 4002 5273
Email: [email protected]

Gretex Corporate Services SME IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Phone: +91-22-4918 6270
Email:

Gretex Corporate Services SME IPO Lead Manager

Gretex Corporate Services SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Gretex Corporate Services? Should I apply in Gretex Corporate Services SME IPO?

Last Updated on 2021-08-16T18:09:03+00:00

Gretex Corporate Services SME IPO FAQs

  1. 1. How to subscribe Gretex Corporate Services SME IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Gretex Corporate Services SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Gretex Corporate Services SME IPO with Zerodha.

    Alternate approch to apply in Gretex Corporate Services SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Gretex Corporate Services SME IPO Review and Important Updates

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  2. 2. How to apply in Gretex Corporate Services SME IPO online?

    Apply in Gretex Corporate Services SME IPO online

    To subscribe or apply in Gretex Corporate Services SME IPO, you can use the following methods:

    Gretex Corporate Services SME IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Gretex Corporate Services SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Gretex Corporate Services SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Gretex Corporate Services SME IPO. Most of the Syndicate Banks provide access to apply in Gretex Corporate Services IPO via ASBA process. You must have your net banking access, DP ID information to apply in Gretex Corporate Services SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Gretex Corporate Services SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Gretex Corporate Services SME IPO Review and Important Updates

    Other relevant question on same topics are:

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  3. 3. How to download online application form for Gretex Corporate Services SME IPO?

    Gretex Corporate Services SME IPO Application is not yet available.

     

  4. 4. What is the listing date of Gretex Corporate Services SME IPO?

    Gretex Corporate Services SME IPO is going to be list on 09-08-2021. BSE Code for Gretex Corporate Services is 543324.

    Other relevant questions:

    When Gretex Corporate Services SME IPO will be listing? Gretex Corporate Services SME IPO BSE listing date?Gretex Corporate Services SME IPO date of listing

     

  5. 5. When Gretex Corporate Services SME IPO will be allocated?

    Gretex Corporate Services SME IPO Allotment Date is 04-08-2021.

    Other relevant questions:

    Gretex Corporate Services SME IPO share allotment date?Gretex Corporate Services SME IPO allotment date?

     

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User Comments

avatar
6. Rupesh  8/1/2021 9:51:45 AM Reply
You cannot apply for BSE SME IPOs through the UPI ASBA process on Zerodha.
Presently, you can only apply for NSE SME through Zerodha''s UPI ASBA process.
Gretex Corporate Services Limited is BSE SME.
avatar
5. Ashish Uchwani  7/22/2021 4:10:43 AM Reply
Gretex Corporate SME IPO expected listing gain.
avatar
4. Sushama Punde  7/22/2021 4:10:43 AM Reply
Please confirm Gretex Corporate SME IPO GMP (grey market premium) and kostak.
avatar
3. barkat ali  7/22/2021 4:10:43 AM Reply
Gretex Corporate SME IPO good or bad.
avatar
2. nagoor  7/22/2021 4:10:43 AM Reply
Gretex Corporate SME IPO whether to invest or not.
avatar
1. P MASTAN RAO  7/22/2021 4:10:43 AM Reply
Gretex Corporate SME IPO - CRISIL Rating, Apply or not?.






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