Monday, August 2, 2021
News

GlobalSpace Technologies Limited plans SME IPO, files papers with BSE

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Tuesday, Jan 10 2017 IST
GlobalSpace Technologies Limited, a digital, mobility, analytics & cloud Technology Company filed its Draft Red Herring Prospectus (DRHP) with the market regulator BSE seeking permission for its Initial Public Offering (IPO) in the SME segment. The public issue consist of up to 30,34,000 equity shares of Rs 10 each of GlobalSpace Technologies Limited. Out of which, up to 1,54,000 equity shares are reserved for subscription by market makers to the issue. The issue and the net issue will constitute 26.48 percent and 25.14 percent, respectively of the post issue paid-up equity share capital of the company. The net proceeds from the issue will be used to for expenditure on Research and Development, advertising and sales promotion, funding incremental working capital requirements and for general corporate purposes. Choice Capital Advisors Private Limited is lead manager to the issue and Link Intime India Private Limited is the Registrar to the Issue. UNI JS SM1524

-- (UNI) -- C-1-DL0169-1101689.Xml

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Govt asked Central Public Sector Enterpr...
Nadda to hold meeting with BJP general s...
Suspected drone activity reported from t...
Case registered against BJP MP for misbe...
Thunderstorm, rain likely in Delhi, Noid...
Jewellers in Gujarat's Rajkot launch pur...
More...    
 
 Top Stories
Noted South Indian singer Kalyani M... 
Physical triage made mandatory for ... 
US, Caribbean emerging as new hotsp... 
Afghan VP continues unabated Pakist... 
Through pain & poverty, hockey capt... 
Samsung sets up NextGen AI-ML lab i... 
Olympics hockey: Indian women make ... 
Proposal to change name of UP's Fir...