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Goyal Salt Ltd

Goyal Salt Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹38
₹38
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹38
Based on GMP
Min. Investment
₹114,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Sep 2023
Close Date
03 Oct 2023
Allotment
05 Oct 2023
Listing Date
11 Oct 2023
Exchange
NSE SME
Price Band
₹38
Listing Price
See chart
Allotment Status
Price Band
₹38
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
49,02,000 shares (aggregating up to ₹18.63 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹114,000
1 lot
Pre-IPO Holding
1,29,98,250 shares
Promoters
Post-IPO Holding
1,79,00,250 shares
Promoters
P/E (Pre)
13.97x
 
P/E (Post)
19.19x
 
EPS (Pre)
₹2.72
 
UPI Deadline
2023-10-03
Mandate
Anchor AllotmentMon, 25 Sep 2023
Basis of AllotmentThu, 05 Oct 2023
Refund InitiationFri, 06 Oct 2023
Demat CreditMon, 09 Oct 2023
Listing DayWed, 11 Oct 2023
UPI Mandate Deadline2023-10-03
Sale TypeFresh Capital
Net Offer to Public46,56,000 shares (aggregating up to ₹17.69 Cr)
Market Maker Quota2,46,000 shares (aggregating up to ₹0.9348 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Goyal Salt Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Oct 2023.
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
246,000
₹0.93
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,902,000
100% ₹18.63
IPO Shares Offered
Goyal Salt Ltd IPO total issue size: ₹18.63 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 246,000 ₹0.93
5.02%
Total 4,902,000 ₹18.63
100.00%
* Based on upper price band ₹38 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹38.00
Upper Band
Min Investment
₹114,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹228,000
Retail (Max — 13 Lots)1339,000₹1,482,000
S-HNI (Min — 14 Lots)1442,000₹1,596,000
B-HNI (Min — 68 Lots)68204,000₹7,752,000
* Issue Price ₹38 × Lot Size 3,000 shares
IPO Schedule
Anchor
25 Sep 2023
✓ Done
IPO Open
26 Sep 2023
✓ Done
IPO Close
03 Oct 2023
✓ Done
Allotment
05 Oct 2023
✓ Done
Refunds
06 Oct 2023
✓ Done
Demat Credit
09 Oct 2023
✓ Done
Listing Day
11 Oct 2023
✓ Done
Goyal Salt Ltd — Live Price LIVE
₹38.00
INR · NSE
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Issue ₹38.00 Live Price
About Goyal Salt Ltd
Incorporated in 2010, Goyal Salt Limited is engaged in the business of refining raw salts procured from sub-soil brine in the state of Rajasthan for use as industrial salts and edible salts.Goyal Salt Limited refines and supplies a pure, refined, and quality range of triple-refined free-flow iodized salt, industrial salt, double-fortified salt, and triple-refined half-dry salt. The company's product list includes Refined free-flow iodized Salt, Refined Free Flow Industrial Salt, Double Fortified Salt, and Refined Half Dry Salt. The company sources raw materials mainly from open market purchases which is around 75% of the total requirement of raw salt, as well as from its promoters-controlled entities and salt land harvesting owned by them, which supply around 23% and 2% respectively of the total requirement of the raw material.The company also produces and supplies industrial salt for soap and detergent industries, textile and dyeing industries, industries producing glass, polyester, plastics, rubber, and leather, and chemical industries.The company's refinery is located in Nawa City, adjacent to Sambhar Lake, spread across 1.45 Hectares of land. The company also has lease rights to harvest raw salt over 18.66 Hectares of land issued by the Government of Rajasthan in the vicinity of the salt-producing area of Nawa City in Rajasthan.Goyal Salt recorded Rs. 6,005.30 lakhs in Fiscal 2022-23.
Objects of the Issue
1
Capital Expenditure for Quality Enhancement;
2
Brand Creation and Marketing Expenses
3
Funding the working capital requirements of our Company
4
General corporate purposes
Goyal Salt Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,013.0
31 Mar 2021
₹6,615.0
31 Mar 2022
₹11,770.7
31 Mar 2023
Profit After Tax (PAT)
₹68.2
31 Mar 2021
₹62.8
31 Mar 2022
₹353.7
31 Mar 2023
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 11770.68 6615.00 6012.96
EBITDA N/A N/A N/A
Profit After Tax (PAT) 353.74 62.75 68.15
Net Worth 1618.11 1169.12 1121.57
Total Assets 3000.94 2733.41 2745.93
Reserves & Surplus 534.92 969.54 921.99
Borrowings 920.11 1059.80 1297.36
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
25.38%
RoCE
36.22%
RoNW
21.86%
Debt/Equity
0.57
Issue Structure & Shareholding
Total Shares Offered49,02,000 (100.00%)
Net Offer to Public46,56,000 shares (aggregating up to ₹17.69 Cr)
Reserved for Market Maker2,46,000 shares (aggregating up to ₹0.9348 Cr)
Pre-Issue Promoter Holding1,29,98,250 shares
Post-Issue Promoter Holding1,79,00,250 shares
P/BV RatioN/A
RoE25.38%
RoCE36.22%
Debt / Equity0.57
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Holani Consultants Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Goyal Salt Ltd IPO subscribed?

Goyal Salt Ltd IPO is subscribed 1.00 times by Oct 03, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Goyal Salt Ltd IPO retail subscription status?

The Goyal Salt Ltd IPO retail category is subscribed 1.00 times as of 03 Oct 2023. The retail portion is oversubscribed.

How to subscribe Goyal Salt Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Sep 2023 and closes 03 Oct 2023. Min investment: ₹114,000 (1 lot = 3,000 shares). UPI mandate: 2023-10-03.

How many times Goyal Salt Ltd IPO subscribed?

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

How to check Goyal Salt Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Oct 2023. Refunds: on 06 Oct 2023.

When Goyal Salt Ltd IPO will be listed?

The Goyal Salt Ltd IPO listing date is 11 Oct 2023, Wednesday. Listed on: NSE SME. Issue price: ₹38. Estimated listing: ₹38. GMP: NIL.

When Goyal Salt Ltd IPO close?

The Goyal Salt Ltd IPO closes on 03 Oct 2023, Tuesday. UPI mandate: 2023-10-03. Allotment: 05 Oct 2023. Listing: 11 Oct 2023.