Galactico Corporate Services Ltd IPO, Review, IPO Performance by IPOPlatform India

About Galactico Corporate Services Ltd

Company Information

Galactico Corporate Services is a diversified financial services company in India, carrying out the business of management of fund raising activities, investment advisory, underwriting of issues, manager, consultant or adviser to any issue including corporate advisory services and as consultant or adviser. They are registered as SEBI Category-I Merchant Banker having Registration Code INM000012519. Their motto is to achieve excellence across a range of financial services like: Advisory in IPO, Merger & Acquisitions, Debt Syndications, Takeovers, Valuations, Strategic & General Corporate Advice and Business Modeling, etc. They are primarily focused on providing such services to small and midsized enterprises (SMEs). Their Registered Office and Head Office situated at Nasik, they also provide services from their branch offices situated in Jalgaon, Jaipur and Mumbai

Object of Issue

Repayment of Unsecured loans
Funding expenditure for General Corporate Purposes

Galactico Corporate Services Ltd SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Oct, 2019

IPO Size :

3.70 Cr.

IPO Subscription :

1.16 X

PE Multiple :

9.30

Merchant Banker :
Aryaman Financial Services Limited

IPO Registrar:
Bigshare Services Private Limited

Anchor Investors:

FAQs

1. What is Galactico Corporate Services Ltd IPO?

Galactico Corporate Services Ltd operates in Banking And Finance and . The Issue is listed on BSE SME in Oct, 2019. Galactico Corporate Services Ltd IPO size was 3.70 Cr. with Issue price of 23.00 .

2. Who is the merchant banker of Galactico Corporate Services Ltd IPO?

Merchant Banker(s) of Galactico Corporate Services Ltd IPO: Aryaman Financial Services Limited

3. How many times Galactico Corporate Services Ltd IPO was subscribed?

Galactico Corporate Services Ltd IPO subscription was 1.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Galactico Corporate Services Ltd IPO?

Galactico Corporate Services Ltd IPO listed at a listing price of 23.05 against the offer price of 23.00.

5. What is the current market price of Galactico Corporate Services Ltd IPO?

The current market price of Galactico Corporate Services Ltd is 3.23.