Anup singh
Gretex Corporate Services Limited IPO [INITIAL PUBLIC OFFERING] Detail
About the Gretex Corporate Services Ltd
The Company was originally incorporated as “Dynamic Tradeserv Private Limited” on September 05, 2008 at Kolkata, West Bengal as a private limited company under the Companies Act, 1956 with the Registrar of Companies, West Bengal. Subsequently, the name of the Company was changed to “Gretex Corporate Services Private Limited” vide special resolution passed by the shareholders of Company in their meeting held on May 28, 2013 and a fresh Certificate of Incorporation consequent to the change of name was granted to the Company on May 31, 2013, by the Registrar of Companies, West Bengal. Further, our Company was converted into Public Limited Company pursuant to special resolution passed by the shareholders of the Company in their meeting held on April 12, 2021 and the name of the Company was changed to “Gretex Corporate Services Limited” and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated May 12, 2021 was issued by Registrar of Companies, Mumbai, Maharashtra, being Corporate Identification Number U74999MH2008PLC288128.
Registered Office: Office No. 13, 1st Floor, Bansilal Mansion, 9-15, Homi Modi Street, Fort, Mumbai – 400 001, Maharashtra, India
Contact Person: Mr. Janil Jain, Company Secretary and Compliance Officer
Tel: +91 – 22 – 4002 5273; Email: info@gretexgroup.com; Website: www.gretexcorporate.com
Company Promoters
Mr. Arvind Harlalka, Mr. Alok Harlalka and M/s. Bonanza Agency LLP
Company Financials
Summary of Restated Consolidated Financial Information
For the year/period ended (in ₹ Lakhs)
| Particulars | |||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Revenue | 324.63 | 145.31 | 315.53 |
| Profit After Tax | 71.41 | (115.21) | 24.97 |
| Total Asset | 1,011.22 | 838.21 | 946.16 |
Gretex Corporate Services Ltd – IPO Details
IPO Details
| Issue Open Date | 27 July 2021 |
| Issue Close Date | 30 July 2021 |
| Issue Type | Fixed |
| Face Value | ₹ 10 per equity share |
| IPO/Issue Price | ₹ 170 per equity share |
| Market Lot | 800 Shares |
| Min Order Quantity | 800 Shares |
| Listing At | BSE, SME |
IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
1. Payment of Security Deposit for renting of office space and
2. Working Capital Requirements
3. General Corporate Purposes
