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Goyal Salt limited IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jaipur and caters to Chemical - Salt sector. Holani Consultants Private is the merchant banker of Goyal Salt limited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st July 2023.
Goyal Salt limited IPO open date is 26th September 2023 and close date is 3rd October 2023. IPO Allotment Date is 5th October 2023 and Listing date is 11th October 2023.Goyal Salt limited IPO size is Rs 18.63 Cr. crores with IPO price of Rs 38.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Holani Consultants Private Limited is the book-running lead manager of the Goyal Salt limited IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Holani Consultants Private Limited for Goyal Salt limited IPO.
Goyal Salt limited IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Meru Investment Fund | 654,000.00 | ₹38.00 | ₹24,852,000.00 |
| Tryrock Capital Trust | 663,000.00 | ₹38.00 | ₹25,194,000.00 |
Goyal Salt limited IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Goyal Salt limited IPO, based in Jaipur, operates in the Chemical - Salt sector with a focus on refining of raw salts. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Goyal Salt limited IPO size is ₹ 18.63 Cr. Crores with fresh issue size of Rs 18.63 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Goyal Salt limited IPO is expected to be 5th October 2023, after the finalization of basis of allotment. Investors can check Goyal Salt limited IPO allotment status on the registrars website, Bigshare Services Private Limited. Goyal Salt limited IPO refund dates are 6th October 2023.
Goyal Salt limited IPO is expected to be listed on 11th October 2023.
The upper price band for the Goyal Salt limited IPO is set at ₹ 38.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Goyal Salt limited IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Goyal Salt limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2023. After submission, funds are blocked until the basis of allotment of Goyal Salt limited IPO is finalised.
The merchant banker for Goyal Salt limited IPO is Holani Consultants Private Limited . Holani Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Goyal Salt limited IPO RHP for further details.
The registrar for Goyal Salt limited IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Goyal Salt limited IPO through their official website or helpline.
Goyal Salt limited IPO was subscribed 294.61 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 18.63 Cr.
Avg IPO Size (Sector Based)
:
₹ 18.63 Cr.
Sector: Chemical - Salt
SME IPO so far:
1
Merchant Banker:
Holani Consultants
SME IPO by BRLM so far:
47
City:
Jaipur
SME IPO so far:
31
Revenue (annualised):
₹ 117.64 cr.
PE
Ratio:
19.19x
Average Sector PE Ratio: 19.19x
Goyal Salt limited IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Goyal Salt limited Financial Review Page
Merchant Banker(s) of Goyal Salt limited IPO: Holani Consultants Private Limited
Goyal Salt limited IPO subscription was 294.61 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.
Goyal Salt limited IPO listed at a listing price of 136.10 against the offer price of 38.00.
The current market price of Goyal Salt limited is 195.15.
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