Contents
- 1 Table of Contents
- 2 Gala Global Products Rights Issue Details
- 3 Gala Global Products Financial Report
- 4 Gala Global Products Rights Issue Calculation
- 5 Objectives Of Issue
- 6 Gala Global Products Limited Rights Issue Date
- 7 Gala Global Products Rights Offer Documents
- 8 Gala Global Products Rights Issue Lead Manager
- 9 Gala Global Products Rights Issue Registrar
- 10 Gala Global Products Limited Contact
- 11 FAQs OF Gala Global Products Rights Issue
Gala Global Products Rights Issue Details: Gala Global Products, established in 2010, specializes in supplying stationery within the education sector. Based in Ahmedabad, they serve customers nationwide, offering a diverse range of products including school and office stationery, educational toys, and digital & offset printing services.
With a presence spanning three decades, Gala, as it’s commonly known, has become a trusted name in the industry. Their focus on quality and innovation has made them a preferred choice for customers seeking scholastic stationery, educational tools, and creative printing solutions. Now, Gala Global Products is gearing up for a Rights Issue, scheduled to take place soon.
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Table of Contents
Gala Global Products Rights Issue Details
| Parameter | Details |
|---|---|
| Rights Issue Date | Coming soon |
| Rights Issue Price | INR 8.60 per share |
| Issue Size | 5,45,88,083 shares |
| Issue Size (₹) | INR 46.95 crore |
| Issue Entitlement | 1 equity share for every 1 equity share held on record date |
| Terms of Payment | Fully payable at the time of application |
| Rights Issue Record Date | Coming soon |
| Face Value | INR 5 per share |
| Listing On | BSE |
Gala Global Products Financial Report
| Financial Metric | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|
| Revenue (in crore INR) | 104.81 | 103.39 | 84.48 |
| Expenses (in crore INR) | 101.08 | 101.72 | 84.39 |
| Operating Margin (%) | 4.64 | 3.07 | 2.29 |
| Net Income (in crore INR) | 2.32 | 1.31 | 0.03 |
| ROCE (%) | 8.73 | 5.53 | 2.74 |
Gala Global Products Rights Issue Calculation
| Parameter | Details |
|---|---|
| Rights Issue Price | ₹8.60 per share |
| Market Price on Rights Issue Approval | ₹8.59 per share |
| Dilution Factor (X) | 2 |
| Fair Value After Dilution at Prevailing Price | ₹8.60 per share |
Objectives Of Issue
The net proceeds from the offer are proposed to be used for
Gala Global Products Limited Rights Issue Date
| Event | Date |
|---|---|
| Rights Issue Approval Date | 3 March 2023 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Gala Global Products Rights Offer Documents
- Gala Global Products Rights Issue Application Form
- Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Gala Global Products Rights Issue Lead Manager
Coming soon
Gala Global Products Rights Issue Registrar
Coming soon
Gala Global Products Limited Contact
GALA GLOBAL PRODUCTS LIMITED
B-1 Laxmi Comm; Co-Op Estate, B/H Old Navneet Press,
Sukhramnagar, Ahmedabad – 380021
Phone:Â 91 7575006464
Email:Â info@galaglobalhub.com
Website: www.galaglobalhub.com
FAQs OF Gala Global Products Rights Issue
What is the Gala Global Products Rights Issue?
Gala Global Products Rights Issue is a process where the company offers existing shareholders the opportunity to purchase additional shares at a discounted price.
What is the Rights Issue Date and Price?
The Rights Issue Date is yet to be announced, and the price per share is INR 8.60.
The issue size is 5,45,88,083 shares, totalling INR 46.95 crore.
Shareholders are entitled to purchase 1 equity share for every 1 equity share held on the record date.
When is the Rights Issue Record Date?
The Rights Issue Record Date is yet to be announced.
Where will Gala Global Products be listed?
The company will be listed on the BSE (Bombay Stock Exchange).
