GML public issue opens on coming Monday

Gorakhpur, UP, Mar 4 (UNI) Gallantt Metal Limited (GML) today announced a public issue of 371.20 lakh shares of Rs 10 face value to mop up Rs 37.12 crore from the capital market.

The issue opens on March 6 and closes March 10, GML managing director Chandra Prakash Agarwal said addressing a news conference here.

GML is a Govind Mills Group company and was established to capitalise on the huge gap between steel demand and supply in the western region of the country.

Of the total scrips on offer, 60 lakh and 15 lakh equity shares have been reserved for promotors and company employees respectively.

UNI UP-VS ARB BS1701