Investments Ideas and Research - Of Investor, By Investor, For Investor
Stocks, Mutual Funds, Bonds, Debentures, Fixed Deposit, Real Estate

April 25, 2008

Gokul Refoils and Solvent Limited - IPO

Gokul Refoils and Solvent Limited (GRSL)


08-May to 13-May 2008

Size (Equity Shares)



100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 175 to Rs 195

Market Lot 


Max shares Retails investor can apply at cut off



Intime Spectrum Registry Ltd

Registrar's email

Lead Manager 

Anand Rathi Securities Ltd, Intensive Fiscal Services Private Ltd




ICRA: 3/5 (This grade indicates that the fundamentals of the issue are average, pursuant to the SEBI Guidelines.)

About the company 

Incorporated: 1992. Business of Solvent Extraction, refining of Edible oils and Vanaspati manufacturing. Includes seed procurement, processing, solvent extraction and marketing of edible oils. The major edible oils processed in the plant are Soybean Oil, Sunflower Oil, Palm Oil, Mustard Oil, Groundnut Oil and Vanaspati.

Objects of the Issue

# Setting up a new 1500 TPD Soyabean processing plant near Gandhidham, Gujarat;

# Expansion of our existing edible oil refinery at Surat, Gujarat;

# Investment in our wholly owned Singapore subsidiary;

# Funding part of our long term working capital;

# Brand building activities;

# Investment in increasing warehousing capacities and continuous Capex for exising units;

# To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges;

# General corporate purposes.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
© Copyright 2009-12 Powered by Blogger.

© 2007-2012 Investor Souk: Our Research for your USE, All Rights Reserved.

Template by ScreenWritersArena