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United Polyfab Gujarat IPO (UPGL IPO) Details

United Polyfab Gujarat IPO (UPGL IPO) Details - Apply IPO

Incorporated in 2015, United Polyfab Gujarat Ltd (UPGL) is into manufacturing of Grey Fabrics, Denim and Dyed Fabrics.

The Company’s work is based on end-users requirements, market trends, newly developed raw materials and uses.

Looking at the huge opportunity and readily available customers, company has planned to undertake backward integration by setting up its own manufacturing plant for spinning of yarn of 20 to 60 Count to sell yarn under its own brand name as well as for its own self-consumption.

United Polyfab Gujarat Ltd (UPGL) is coming up with its IPO at NSE SME one more SME IPO this year. Details of the issue are as follow:

OBJECTS OF ISSUE

    •  Expansion of business by setting up spinning unit.
    •  Meeting Public Issue Expenses.

Lead Manager:

CORPORATE STRATEGIC ALLIANZ LIMITED

808, Samedh Complex,

Near Associated Petrol Pump,

C.G. Road, Ahmedabad – 380 006,

Gujarat- India.

Tel No: +91-79- 40301750

Tele Fax No: +91- 79- 40024670

SEBI REGN NO: INM 000011260

Email Id: info@csapl.com

Contact Person: Mr. Nevil R. Savjan

REGISTRAR TO THE OFFER:

SATELLITE CORPORATE SERVICES PRIVATE LIMITED

B-302, Sony Apartment, Opp. St. Jude High School,

90 ft. Road, Off Andheri Kurla Road, Jarimari, Sakinaka,

Mumbai – 400 072.

Tel: +91-22- 28520461/462

Fax:+91-22- 28511809

SEBI REGN NO: INR000003639

Email Id: service@satellitecorporate.com

Contact Person: Mr. Michael Monteiro

IPO details:

  1. Issue Open:  May 25, 2016 – May 30, 2016
  2. Issue Type: Fixed Price Issue IPO
  3. Issue Size: Issue Of 17,01,000 Equity Shares Of Face Value Of Rs 10/- Each
  4. Issue Size: 7.65 Cr
  5. Face Value: Rs. 10 Per Equity Share
  6. Issue Price: Rs. 45 Per Equity Share
  7. Market Lot: 3000 Shares
  8. Minimum Order Quantity: 3000 Shares
  9. Listing At: NSE SME

United Polyfab Gujarat Ltd Prospectus:

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1463982578855.pdf

Market Update:

Soon Mahanagar Gas IPO is expected to be announced.

There are some good stocks in Pipeline this year including BSE itself coming with its own IPO and getting it listed and traded on exchange other some important IPO’s to looked upon are Vodafone India IPO, HDFC Standard Life IPO etc. So Keep watching this blog to keep yourself updated with all the news.

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