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Pfaudler Inc. (the "Promoter") ("Seller") has submitted to BSE a copy of Notice of Offer for Sale of 242,472 equity shares of face value of INR 2 each ("Sale Shares"), aggregating to 1.66% of the total paid-up equity share capital of GMM Pfaudler Ltd (the "Company"), by Promoter through a sale on the separate window provided by the BSE Ltd. (the "Stock Exchange") for this purpose.
The Offer shall take place during trading hours on a separate window of the Stock Exchange and shall commence on December 12, 2014 at 9:15 a.m. (Indian Standard Time) and shall close on the same date at 3:30 p.m. (Indian Standard Time) ("Offer Date").
GMM PFAUDLER LTD | |
Security Type | OFS |
Symbol | GMM |
Offer Date | 12 Dec 2014 |
StartTime | 09:15 |
EndTime | 15:30 |
Total Offer Size – No. of Shares | 242472 |
Offer Size for Retail Investors | 24247 |
Offer Size for Non Retail Investors | 218225 |
Face Value | 2.00 |
Floor Price | |
The Seller shall provide the Floor Price for the sale on December 11,2014 in a sealed envelope to the Designated Stock Exchange after the close of trading hours of the Stock Exchange and before 5.00 pm IST.The Floor price shall not be publicly disclosed by the Sellers, and shall be given in a sealed envelope to BSE before the opening of the sale. The sealed envelope shall be opened by the BSE in presence of the authorized representative of the Seller after the closure of the sale and the floor price suitably disseminated to the market | |
Lot Size | 1 |
Tick Price | 0.05 |
ISIN No | INE541A01023 |
Minimum Bid Quantity | 1 |
Maximum Bid Quantity | 2,42,472 |
Allocation Methodology | Proportionate |
LTP | 234.30 |
Seller Members Details | Click Here |
Selling Member | Motilal Oswal Securities Ltd |
Seller Promoter | Pfaudler Inc |
Exchange Notices | 1) Mock Session for Offer for Sale (OFS) of GMM PFAUDLER Ltd on Thursday, December, 11th 2014 2) Opening of Offer for Sale for GMM Pfaudler Limited |
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