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February 20, 2013

Deal Alert: GCM Securities files for Rs.12-Cr IPO

Kolkata-based GCM Securities has filed for DRHP to issue 60,90,000 equity shares at Rs.20 per share aggregating to Rs.12.18 crore forming 32.07% of the post issue paid up equity share capital of the company. Inventure Merchant Banker Services is the lead manager to the issue. The company will be traded on the BSE-SME exchange. 

The company is engaged in stock broking activities and is one of the group company of Global Capital Market & Infrastructures Ltd., which is listed on the BSE and the CSE. 

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