IPO Details
G M Polyplast Ltd.
A-66, New Empire Industrial Estate, Kondivita Road, Andheri East,Mumbai, Maharashtra - 400059
Phone: 28209552

Public Issue of 508800 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 150.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
30/09/202006/10/2020160.00 -
Lead Managers Registrar Listed at
GRETEX CORPORATE SERVICES PVT. LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 26238299
BSE
Object of the issue

The Offer includes a fresh Issue of 3,22,800 Equity Shares and an Offer for Sale of 1,86,000 Equity Shares by the Selling Shareholders of the Company at an Offer Price of Rs.159.00 per Equity Share.

Offer for sale

The Selling Shareholders will be entitled to the proceeds of the Offer for Sale of his/her respective portion of the Offered Shares, respectively net of his/her proportion of Offer related expenses. The fees and expenses relating to Offer shall be shared in proportion mutually agreed between the Company and the respective Selling Shareholders in accordance with applicable law. the Company will not receive any proceeds from the Offer for Sale.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.25
WORKING CAPITAL REQUIREMENTS3.70
GENERAL CORPORATE EXPS.1.18
TOTAL COST5.13
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES5.13
TOTAL COST5.13
Promoted by

The Promoters of the Company are :
1. Mr. Dinesh Balbirsingh Sharma
2. Ms. Sarita Dinesh Sharma

1. Mr. Dinesh Balbirsingh Sharma : Mr. Dinesh Balbirsingh Sharma, aged 43 years, is the Promoter and Managing Director of the Company. He is associated with the Company as Director of the Company since Incorporation, further
he was re-designated as Managing Director of the Company for a period of 5 (five) years in the Extra Ordinary General Meeting of its members held on February 27, 2020 commencing from February 27, 2020. He has overall 17 years of operations experience in plastic industry. He is currently in charge of overall operations of the Company.

PAN: AAHPS3489C
Passport No: Z2709705
Aadhaar Card Number: 8233 5378 5463
Driving License: MH02 20130057028
Voter Id: ACC3215159

2. Ms. Sarita Dinesh Sharma : Ms. Sarita Dinesh Sharma, aged 41 years, is the Promoter and Executive Director of the Company. She is associated with the Company as Director of the Company since Incorporation. She has overall 17 years of administrative experience in plastic industry. She is looking after the administration of the Company.

PAN: AMDPS5954L
Passport No: Z5517573
Aadhaar Card Number: 6946 9613 5881
Driving License: MH02 20070031099
Voter Id: ACC3128378