Gala Global Products Limited Rights Issue: Important details you must know

  • 25-May-2024
  • 2 mins read
Gala Global Products Limited Rights Issue: Important details you must know

Gala offers a wide range of multipurpose stationery and educational toys, designed to make learning enjoyable for students.

Gala Global Products Limited came up with the rights issue. The issue size reported by the company is 54,588,083 Equity shares with a decided issue price of Rs 8.6 per share, a total amounting to Rs 46.95 Crores. At the same time, the face value is Re 5 per share. The last date to buy the shares of Gala Global to get eligible for this rights issue is not yet announced. Record date of this rights issue is also not yet announced. If we look at the entitlement ratio, it is reported that 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date.

About Gala Global Products Limited

Gala Global Products Limited, incorporated in 2010, operates in the education industry as a supplier of stationery. Gala offers a wide range of multipurpose stationery and educational toys, designed to make learning enjoyable for students. Their product line includes school and office stationery, catering to diverse needs. For the past three decades, Gala Global Products Limited has established itself as a trusted name in the stationery, printing, and education sectors under the brand name "Gala." The company has become a preferred choice for scholastic stationery, educational products, toys, and innovative printing solutions. Gala's strong market presence is a testament to its commitment to quality and innovation, making it a leader in the industry.

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Financial Performance of Gala Global Products Limited (Amt in Rs Crore)

The company financials reported for the period ending March 31, 2022 as assets amounted to Rs 89.15 Crore, total revenue was Rs 103.76 Crore, and the profit after tax stood at Rs 1.31 Crore.

Period Ended

31-Mar-22

Assets

89.15

Total Revenue

            103.76

Profit After Tax

            1.31

Important Dates for Gala Global Products Rights Issue

Issue Open

Not yet

Security Name

Gala Global Products Ltd

Issue Size (Shares)


54,588,083

Issue Size (Amount)

Rs 46.95 Crores

Issue Price


Rs 8.6 per share

Face Value

Re 5 per share

Listing At

BSE

Terms of Payment

Yet to be announced

Entitlement

1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Timetable of Gala Global Products Rights Issue

Last Date to buy shares

Yet to be announced

Record Date

Yet to be announced

Credit of Rights Entitlements

Yet to be announced

Bid/Offer Opens On

Yet to be announced

Renunciation of Rights Entitlements

Yet to be announced

Bid/Offer Closes On

Yet to be announced

Deemed Date of Allotment

Yet to be announced

Credit Date

Yet to be announced

Listing Date

Yet to be announced

How do I apply for the Gala Global Products Rights Issue?

Once the company’s rights Issue application is open for subscription, you can click here to apply with Bigul.

How do I check the allotment status of the Gala Global Products Rights Issue?

The registrar for this rights issue has not yet been announced. Investors can check the allotment status once the company announces the registrar. 

FAQs

1. What are the important dates for Gala Global Products' rights issue?

The important dates include the opening & closing dates of the rights issue is not yet announced.

2. What is the last Date to buy Shares?

The last date to buy the shares of Gala Global to get eligible for this rights issue is not yet announced.

3. What is the record date for the Gala Global Products Rights Issue?

The Record date of this rights issue is also not yet announced. 

4. What are the recent financial updates of Gala Global Products Limited?

The company financials reported for the period ending March 31, 2022 as assets amounted to Rs 89.15 Crore, total revenue was Rs 103.76 Crore, and the profit after tax stood at Rs 1.31 Crore.

5. How can I apply for the Gala Global Products Rights Issue?

You can apply for the Gala Global Products Rights Issue by visiting here.

6. How can I check the allotment status of the Gala Global Products Rights Issue?

The registrar for this rights issue has not yet been announced. Investors can check the allotment status once the company announces the registrar.

7. From where can I get the Letter of Offer for this Rights Issue?

You can download the Letter of Offer by visiting here.

8. Where will the Gala Global Products Rights Issue be listed?
The Rights Issue will be listed on the Bombay Stock Exchange (BSE).

9. What is the entitlement ratio for the Gala Global Products Limited Rights Issue?
The entitlement ratio is set at 1 Rights Equity Shares for every 1 fully paid-up equity shares held on the record date.

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