247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Goldstar Power Limited IPO (Goldstar Power IPO) Details

Goldstar Power Limited is an Electric Equipments based company, located in Jamnagar, Goldstar Power Limited IPO size was 7.25 Cr. and was issued at 25.00 per share. The share of Goldstar Power Limited were listed at 26.30 per share and are currently trading at 10.55 per share.

Type :
Sub Sector : Company Procures Battery Scrap And Discarded Batteries From Dealers/retailers And Converts Into Finished Product
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
54.97 Cr.

PAT :
0.91 Cr.

Pricing Report

Issue Price :
25.00

Listing Price :
26.30

Current Market Price :
10.55

Issue Price vs CMP :
14.45 (57.80%)

listing Price vs CMP :
15.75 (59.89%)

Performance Report (CAGR* wise)

CAGR : -11.16
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Goldstar Power

Company Information
Goldstar Power is a battery manufacturing Company, manufacturing & marketing their products under their flagship brand 'Star Gold'. The Company, Goldstar Power Limited is located at Hapa, Jamnagar on Jamnagar-Rajkot Highway, Gujarat with an integrated plant wherein battery scrap and discarded batteries procured from dealers and retailers are converted to finished product. The Company is promoted by Mulji Pansara and Amratlal Pansara. Both their promoters are subscribers of the Company and are directors since inception. They started by manufacturing of battery plates and gradually moved to forward and backward stages of manufacturing. Later, in the year 2006, Navneet Pansara, son of Mulji Pansara joined the Company as Director and since then is involved in all day to day activities of the Company. In the year
Show More
Object of Issue
  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Goldstar Power SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2017
IPO Size :
7.25 Cr.
PE Multiple :
29.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Jamnagar

Akshar Spintex Limited

  manufacturing of cotton yarn

  Jamnagar




Peer Companies Of This Sector

FAQs

Goldstar Power operates in Electric Equipments and Company Procures Battery Scrap And Discarded Batteries From Dealers/retailers And Converts Into Finished Product. The Issue is listed on NSE EMERGE in Oct, 2017. Goldstar Power IPO size was 7.25 Cr. with Issue price of 25.00 .

Goldstar Power IPO subscription was 0.00 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.

Goldstar Power IPO listed at a listing price of 26.30 against the offer price of 25.00.

The current market price of Goldstar Power is 10.55.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency