11 December 2014

GMM Pfaudler Ltd OFS opens Friday 12th Dec 2014

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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 TypeOFS
SymbolGMM
Offer Date12 Dec 2014
StartTime09:15
EndTime15:30
Total Offer Size – No. of Shares242472
Offer Size for Retail Investors24247
Offer Size for Non Retail Investors218225
Face Value2.00
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 Size1
Tick Price0.05
ISIN NoINE541A01023
Minimum Bid Quantity1
Maximum Bid Quantity2,42,472
Allocation MethodologyProportionate
LTP234.30
Seller Members DetailsClick Here
Selling MemberMotilal Oswal Securities Ltd
Seller PromoterPfaudler Inc
Exchange Notices1) 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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