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Initial public offering of up to 13,72,800 equity shares of Rs10 each ("Equity Shares") of Grill Splendour Services Limited ("GSSL" or the "Company") for cash at a price of Rs120 per equity share (the "Offer Price"), aggregating to Rs16.47 crores ("The Offer"). of the offer, 69,600 equity shares aggregating to Rs0.84 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 13,03,200 equity shares of face value of Rs10.00 each at an offer price of Rs120.00 per equity share aggregating to Rs15.64 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.34% and 25.02%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs10.00 each and the offer price of Rs120.00 is 12.00 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
15-Apr-24	18-Apr-24	Rs 120.00-0.00	Rs 0.00-0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	Rs Cr	Lead Managers to the Issue
Project Cost	16.10	Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer	16.47
Post Issue Equity Share Capital	5.21
Issue Price	Rs.120.00

Projects

Funding additional working capital requirements	Pre-payment/Repayment in full or part of certain outstanding borrowings by the company
General corporate purposes

Promoted By

Srinidhi V Rao

Vandana Srinidhi Rao

Vivek Vijaykumar Rao

Listing At

NSE - SME

Registrar to the Issue

No Data Found.

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