Gala Global Products Rights Issue is scheduled on
Incorporated in 2010, Gala Global Products operates in the education industry as a supplier of stationery. Gala offers multipurpose stationeries and educational toys, making learning fun for students. The company’s product range includes school and office stationery.
Gala Global is based in Ahmedabad and caters to the requirements of customers from different parts of the country. The products are primarily divided into the following categories:
- School Stationery
- Office Stationery
- Educational Products
- Digital & Offset Printing
Gala Global Products, operating under the name “Gala,” has been a presence in the market for the past three decades. It has emerged as a preferred choice in the stationery, printing, and education industry. Whether it’s Scholastic stationery, educational products, toys, or innovative printing ideas, Gala has a strong hold on the market.
Promoters of Gala Global Products –
Gala Global Products Rights Issue Details
| Gala Global Products Rights Issue Date | Coming soon |
| Gala Global Products Rights Issue Price | INR 8.60 per share |
| Issue Size (in Shares) | 5,45,88,083 shares |
| Issue Size (in INR) | INR 46.95 crore |
| Issue Entitlement | 1 equity shares for every 1 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Gala Global Products Rights Issue Record Date | Coming soon |
| Face Value | INR 5 per share |
| Listing On | BSE |
Gala Global Products Rights Issue Calculation
| Gala Global Products Rights Issue Price | INR 8.60 per share |
| Market Price on Rights Issue Approval | INR 8.59 per share |
| Dilution Factor (X) | 2 |
| Fair Value After Dilution at Prevailing Price | INR 8.60 per share |
Gala Global Products Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 104.81 | 103.39 | 84.48 |
| Expenses | 101.08 | 101.72 | 84.39 |
| Operating Margin (%) | 4.64 | 3.07 | 2.29 |
| Net Income | 2.32 | 1.31 | 0.03 |
| ROCE (%) | 8.73 | 5.53 | 2.74 |
Gala Global Products Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
Gala Global Products Rights Offer Documents
Gala Global Products Rights Issue Dates
| 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 Lead Manager
Coming soon
Gala Global Products Rights Offer Registrar
Coming soon
GALA GLOBAL PRODUCTS LIMITED
B-1 Laxmi Comm; Co-Op Estate, B/H Old Navneet Press,
Sukhramnagar, Ahmedabad – 380021
Phone: 91 7575006464
Email: [email protected]
Website: www.galaglobalhub.com
Gala Global Products Rights Offer FAQs
What is the Gala Global Products Rights Issue Price?
The issue price is INR 8.60 per share.
What is the Gala Global Products Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 1 Equity Shares held on the record date.
What is the Gala Global Products Rights Issue Record Date?
The Record date is Coming soon.
How to Apply in Gala Global Products Rights Offer?
The best way to apply in the Gala Global Products Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
