Tag Archive for shipbuilders

The listing ceremony of Garden Reach Shipbuilders & Engineers Limited held on October 10, 2018 at NSE

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R): Mr. Subhodh Gandhi (IDBI Capital Markets & Securities Limited), Mr. Sandeep Mahapatra (Company Secretary, Garden Reach Shipbuilders & Engineers Limited), Mr. Vikram Limaye (CEO and MD, NSE), Mr. RAdm Vipin Kumar Saxena, IN (Retired) (Chairman & Managing Director, Garden Reach Shipbuilders & Engineers Limited), Mr. Sarvjit Singh Dogra (Director (Finance) & CFO, Garden Reach Shipbuilders & Engineers Limited) and Ms. Amishi Kapadia (YES Securities India Limited) present for the bell ringing ceremony at the listing of Garden Reach Shipbuilders & Engineers Limited held today at NSE.

Mr. Vikram Limaye (CEO and MD, NSE) and Mr. RAdm Vipin Kumar Saxena, IN (Retired) (Chairman & Managing Director, Garden Reach Shipbuilders & Engineers Limited) while exchanging the special memento at the listing ceremony of Garden Reach Shipbuilders & Engineers Limited held at NSE.


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Garden Reach Shipbuilders & Engineers Limited: Initial Public Offer to open on September 24, 2018 and to close on September 26, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Shri RADM Vipin Kumar Saxena, IN (Retired) (Chairman & Managing Director, Garden Reach Shipbuilders & Engineers Limited) while addressing the media during the Garden Reach Shipbuilders & Engineers Limited IPO press conference held today in Mumbai.

Garden Reach Shipbuilders & Engineers Limited (the “Company”), proposes to open on September 24, 2018, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising a offer for sale 29,210,760 Equity Shares by the Promoter, The President of India, acting through the Ministry of Defence, Government of India (“The Selling Shareholder”).

The offer includes a reservation of up to 572,760 equity shares for subscription by eligible employees (as defined herein) (“Employee Reservation Portion”). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer will constitute 25.50% and 25.00% respectively, of the post offer paid-up equity share capital of the company. The Bid/Offer Period will close on September 26, 2018. Read more