Goldstar Power Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Sep 2017

Close Date

29 Sep 2017

Allotment

05 Oct 2017

Listing Date

10 Oct 2017

Exchange

NSE SME

Price Band

₹25

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹25

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

28,98,000 shares (aggregating up to ₹7.25 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

78,00,000 shares

Promoters

Post-IPO Holding

1,06,98,000 shares

Promoters

UPI Deadline

2017-09-29

Mandate

Anchor AllotmentTue, 26 Sep 2017

Basis of AllotmentThu, 05 Oct 2017

Refund InitiationFri, 06 Oct 2017

Demat CreditFri, 06 Oct 2017

Listing DayTue, 10 Oct 2017

UPI Mandate Deadline2017-09-29

Sale TypeFresh Capital

Net Offer to Public27,48,000 shares (aggregating up to ₹6.87 Cr)

Market Maker Quota1,50,000 shares (aggregating up to ₹0.3750 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

NSE ListingView on NSE →

Check AllotmentClick here →

Subscription Rate Final

Goldstar Power Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Sep 2017.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	150,000	—	₹0.38
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,898,000	100%	₹7.25

IPO Shares Offered

Goldstar Power Ltd IPO total issue size: ₹7.25 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	150,000	₹0.38	5.18%
Total	2,898,000	₹7.25	100.00%

* Based on upper price band ₹25 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹25.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹300,000
Retail (Max — 13 Lots)	13	78,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	84,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	408,000	₹10,200,000

* Issue Price ₹25 × Lot Size 6,000 shares

IPO Schedule

Anchor

26 Sep 2017

✓ Done

IPO Open

27 Sep 2017

✓ Done

IPO Close

29 Sep 2017

✓ Done

Allotment

05 Oct 2017

✓ Done

Refunds

06 Oct 2017

✓ Done

Demat Credit

06 Oct 2017

✓ Done

Listing Day

10 Oct 2017

✓ Done

₹25.00

INR · NSE

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Issue ₹25.00 Live Price

About Goldstar Power Ltd

Incorporated in 1999, Goldstar Power Ltd is a battery manufacturing Company. They manufacturing & marketing their products under flagship brand "Star Gold".Company procures battery scrap and discarded batteries from dealers/retailers and converts into finished product. Company’s product range covers various types of batteries including automotive batteries, tubular batteries, SMF series batteries, VRLA batteries, Solar batteries, Pure Lead and Alloy batteries.Those batteries are generally used in cars manufactured by Tata, Maruti and Mahindra. However, the batteries are used as a replacement by car owners and not as stock batteries by car manufacturers. Currently Company caters to all three segments of market viz. exports, domestic/after sales market and OEM. They have a widespread customer base with their domestic customer base situated in various regions of the country and international customers situated across varied countries like Uganda, Nepal, Lebanon, etc.

Objects of the Issue

Working Capital Requirements

General Corporate Purpose

Goldstar Power Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹3,748.1

31-Mar-2015

₹4,002.9

31-Mar-2016

₹5,481.2

31-Mar-2017

Profit After Tax (PAT)

-₹66.1

31-Mar-2015

-₹38.9

31-Mar-2016

₹91.1

31-Mar-2017

Particulars	31-Mar-2017	31-Mar-2016	31-Mar-2015
Revenue from Operations	5481.20	4002.91	3748.10
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	91.13	-38.93	-66.08
Net Worth	1148.14	1057.00	1095.94
Total Assets	1415.74	1872.74	2177.37
Reserves & Surplus	1018.14	927.01	965.94
Borrowings	1220.41	1328.00	1424.25
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered28,98,000 (100.00%)

Net Offer to Public27,48,000 shares (aggregating up to ₹6.87 Cr)

Reserved for Market Maker1,50,000 shares (aggregating up to ₹0.3750 Cr)

Pre-Issue Promoter Holding78,00,000 shares

Post-Issue Promoter Holding1,06,98,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

goldstar.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Goldstar Power Ltd IPO subscribed? ▲

Goldstar Power Ltd IPO is subscribed 1.00 times by Sep 29, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Goldstar Power Ltd IPO retail subscription status? ▼

The Goldstar Power Ltd IPO retail category is subscribed 1.00 times as of 29 Sep 2017. The retail portion is oversubscribed.

How to subscribe Goldstar Power Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Sep 2017 and closes 29 Sep 2017. Min investment: ₹150,000 (1 lot = 6,000 shares). UPI mandate: 2017-09-29.

How many times Goldstar Power Ltd IPO subscribed? ▼

The Goldstar Power Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Goldstar Power Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Oct 2017. Refunds: on 06 Oct 2017.

When Goldstar Power Ltd IPO will be listed? ▼

The Goldstar Power Ltd IPO listing date is 10 Oct 2017, Tuesday. Listed on: NSE SME. Issue price: ₹25. Estimated listing: ₹25. GMP: NIL.

When Goldstar Power Ltd IPO close? ▼

The Goldstar Power Ltd IPO closes on 29 Sep 2017, Friday. UPI mandate: 2017-09-29. Allotment: 05 Oct 2017. Listing: 10 Oct 2017.

Quick Actions

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Live Price LIVE

Last Price₹25.00

Change—

Issue Price₹25.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹25

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹25

Subscribed1.00x

Open Date27 Sep 2017

Close Date29 Sep 2017

Allotment05 Oct 2017

Listing Date10 Oct 2017

ExchangeNSE SME

UPI Deadline2017-09-29