Goyal Salt IPO will be Open on 26 September 2023 and closes on 03 October 2023. The company has fixed the price of this IPO at ₹36-₹38 according to the face value of ₹10. The company will raise ₹18.63 Crores through this IPO under the 4,902,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB 15% for NII and 35% Retail Investor. You can check Goyal Salt IPO GMP here.
Goyal Salt Limited is engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. The company refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt. The refining process does not involve any adulteration from chemical and harmful substances.
The company have well equipped refinery at Nawa City, adjacent to famous Sambhar Lake. The company also have lease rights to harvest raw salt over 18.66 Hectare of land issued by Government of Rajasthan in the vicinity of salt producing area of Nawa City in Rajasthan. You can check Goyal Salt IPO subscription status here.
The company refinery complex area is situated in Nawa City having total area of 1.45 Hectare of land and have dedicated space for the refining of salts, storage of raw salts procured from sub soil brine and packaging of refined salts.You can check Goyal Salt IPO Allotment status here.
Objects Of The Issue :
- Capital Expenditure for Quality Enhancement.
- Brand Creation and Marketing Expenses.
- Funding the working capital requirements of our Company.
- General corporate purposes.
Company Strengths :
- Experienced management team and promoters with qualified workforce.
- Established refining facility and integrated production with cost efficiencies.
- Strong and consistent financial performance.
- Focus on quality and safety.
- Long and strong relationship with customers and dealers and efficient supply chain management.
- Cordial relationship between management and labour.
| Read also: Upcoming IPO List 2023 |
Goyal Salt IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹3.54 Cr ₹38 Per Shares 2.72 11.51x 25.38 % 21.86 % 36.22 % 0.57 ₹14.94 ₹30.00 Cr ₹68.02 Cr 100.00 % – % |
| Team Review : | ✔ Apply For Long Term |
Goyal Salt IPO GMP Live:
Goyal Salt IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 27 Sep 2023 | ₹17-₹18 | ₹41000 |
Goyal Salt IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 26 September 2023 |
| IPO Close : | 03 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹36-₹38 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹18.63 Cr {4,902,000 Shares} |
| Fresh Issue : | ₹18.63 Cr {4,902,000 Shares} |
Goyal Salt IPO Market Lot :
Goyal Salt IPO Minimum Market lot is 1 Lot with 3000 shares with ₹114,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹114,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹114,000 |
| Retail (Max) : | 1 | 3000 | ₹114,000 |
| S-HNI (Min) : | 2 | 6000 | ₹228,000 |
Goyal Salt IPO Shares Offer :
A Total of 4,902,000 shares are to be bid for the public issue by Goyal Salt IPO with 4,902,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 4,902,000 | ₹18.63 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 4,902,000 | ₹18.63 Cr |
Goyal Salt IPO Net Reservation :
Goyal Salt IPO Net Reservation of 4,902,000 shares are to be bid for the public issue by Goyal Salt IPO with 21,99,000 for QIB and 7,29,000 for NII 16,38,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 21,99,000 | ₹8.36 Cr |
| NII : | 15% | 7,29,000 | ₹2.77 Cr |
| RII : | 35% | 16,38,000 | ₹6.23 Cr |
| MMRP : | – % | 2,46,000 | ₹0.93 Cr |
| EMP : | – % | 90,000 | ₹0.34 Cr |
| Total : | 100% | 49,02,000 | ₹18.62 |
Goyal Salt IPO EPS & RoNW :
The Goyal Salt company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹2.72 | 21.86% | ₹14.94 |
| 2022 | ₹0.42 | 5.37% | ₹10.79 |
| 2021 | ₹0.52 | 6.08% | ₹10.35 |
Goyal Salt IPO Peer Comparison PE :
The Goyal Salt, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Saboo Sodium Chloro | 816.50 |
Goyal Salt IPO Dates :
Goyal Salt IPO Date is 26 September 2023 and closes on 03 October 2023. The allotment will be finalized on 05 October 2023 and the IPO may list on 10 October 2023.
| Issue Open Date : | 26 September 2023 |
| Issue Close Date : | 03 October 2023 |
| Allotment Date : | 05 October 2023 |
| Refund Date : | 06 October 2023 |
| Share Credit Date : | 09 October 2023 |
| Listing Date : | 10 October 2023 |
Goyal Salt IPO Form :
There are two ways to apply in Goyal Salt IPO. You can apply for Goyal Salt IPO through ASBA available in your bank account. You have to go to your online bank login and select Goyal Salt IPO in the Invest section and apply through your bank account. Another option is you can apply Goyal Salt IPO through IPO form download through NSE and BSE. See the Goyal Salt IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Goyal Salt Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹11,770.68 | ₹11,285.92 | ₹353.74 |
| 2022 | ₹6,615.00 | ₹6,506.53 | ₹62.75 |
| 2021 | ₹6,012.96 | ₹5,919.88 | ₹68.15 |
Company Promoters :
■ Rajesh Goyal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Goyal Salt IPO Lead Managers :
■ Holani Consultants Private Limited
Goyal Salt IPO Registrar :
Bigshare services Private Limited
Office No, S-2, 6th Floor, Pinnacle Business Park
Mahakali Caves Road, Next to Ahura Centre
Andheri (East), Mumbai – 400093
Tel: + 022-6263 8200
Fax: 022-6263 8299
Email: [email protected]
Investor Grievance ID- [email protected]
Website: www.bigshareonline.com
Note: Check Goyal Salt IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Goyal Salt Limited
Plot No. 229-230, Guru Jambeshwar Nagar,
Lane No. 7 Gandhi Path, Vaishali Nagar
Jaipur 302021, Rajasthan
Telephone: +91 – 9116544419
E-mail: [email protected]
Website: www.goyalsaltltd.com
Goyal Salt IPO FAQs :
What is Goyal Salt IPO?
Goyal Salt IPO is SME IPO. They are going to raise ₹18.63 Crores via IPO. The issue is priced at ₹38 per equity share. The IPO to be listed on NSE, SME.
When Goyal Salt IPO will open?
The IPO is to open on 26 Sep – 03 Oct for QIB, NII & RII.
How much is Goyal Salt IPO Size?
Goyal Salt IPO size is ₹18.63 Crores.
How much is the Fresh issue size of Goyal Salt IPO?
The Fresh issue size of Goyal Salt IPO ₹18.63 Cr.
How much is the Offer For Sale size of Goyal Salt IPO?
The Offer For Sale size of Goyal Salt IPO ₹0 Cr.
What is Goyal Salt IPO Price Band?
Goyal Salt IPO Price Band is ₹38 Per share.
What is the Goyal Salt IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹114,000 amount while the maximum bid is 3000 shares with ₹114,000.
How much is Goyal Salt IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Goyal Salt IPO Allotment Date?
Goyal Salt IPO allotment date is 05 October 2023.
When is Goyal Salt IPO Listing Date?
Goyal Salt IPO listing date is 10 October 2023. The IPO to list on NSE, SME.
How to Apply the Goyal Salt IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Goyal Salt IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Goyal Salt IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Goyal Salt IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Goyal Salt IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Goyal Salt IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Goyal Salt IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Goyal Salt IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Goyal Salt GMP: Click Here Goyal Salt Subscription: Click Here Goyal Salt Allotment: Click Here Goyal Salt Listing: Click Here |
All Goyal Salt IPO-related links are available here. If you want to know the details then click on Click Here Link.
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