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Goyal Salt Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹38
Issue Price
₹38
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹38
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹114,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
26 Sep 2023
Tue Completed
Done
Close Date
03 Oct 2023
Tue Completed
Done
Allotment
05 Oct 2023
Thu Completed
Done
Refund
06 Oct 2023
Fri Completed
Done
Demat Credit
09 Oct 2023
Mon Completed
Done
Listing Date
11 Oct 2023
Wed Completed
UPI Deadline: 03 Oct 2023
Issue Details
Pricing & Size
Issue Price
₹38 Face ₹10
Lot Size
3,000 shares
Min Investment
₹114,000
Total Issue Size
49,02,000 shares (aggregating up to ₹18.63 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,46,000 (5.02%)
QIB Portion
21,99,000 (44.86%)
NII / HNI
7,29,000 (14.87%)
Retail
16,38,000 (33.41%)
Employee
-
Net Offer to Public
46,56,000 shares (aggregating up to ₹17.69 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,29,98,250 shares
Post-Issue Shareholding
1,79,00,250 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,14,000
HNI / NII 2 6,000 ₹2,28,000
Objects of Issue
4 objectives
1
Capital Expenditure for Quality Enhancement;
1.13 Cr
2
Brand Creation and Marketing Expenses
1.06 Cr
3
Funding the working capital requirements of our Company
10.67 Cr
4
General corporate purposes
3.70 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Holani Consultants Pvt.Ltd
Market Maker
Holani Consultants Pvt.Ltd.
IPO Timeline
Open
26 Sep
✓ Done
Close
03 Oct
✓ Done
Allotment
05 Oct
✓ Done
Listing
11 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@goyalsalt.in
Phone
+91 - 9116544418
Address
Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, Rajasthan, 302021
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹38
Est. Listing
₹38
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Goyal Salt Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹38
GMP
+₹0 (+0%)
GMP Est. Listing
₹38
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 21,99,000 (44.86%) ₹835.62 Cr
NII / HNI (Total) 7,29,000 (14.87%) ₹277.02 Cr
Retail Investors 16,38,000 (33.41%) ₹622.44 Cr
Total ** 49,02,000 (100.00%) ₹18,627.60 Cr
Market Maker * 2,46,000 (5.02%) ₹9.35 Cr
* Based on ₹38.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
21,99,000 (44.86%)
NII
7,29,000 (14.87%)
Retail
16,38,000 (33.41%)
Market Maker
2,46,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202331 Mar 202231 Mar 2021
Revenue11770.686615.006012.96
PAT353.7462.7568.15
EBITDA
Net Worth1618.111169.121121.57
Total Assets3000.942733.412745.93
Reserves534.92969.54921.99
Borrowings920.111059.801297.36
Key Financial Ratios
25.38%
ROE
Return on Equity
36.22%
ROCE
Return on Capital Employed
21.86%
RONW
Return on Net Worth
0.57
D/E Ratio
Debt to Equity
2.72
Pre EPS
EPS Pre-Issue
13.97
Pre P/E
P/E Pre-Issue
19.19
Post P/E
P/E Post-Issue
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.

Frequently Asked Questions
What is the issue price of Goyal Salt Ltd IPO?
The issue price of Goyal Salt Ltd IPO is ₹38 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹114,000.
What are the IPO dates?
Opens 26 Sep 2023, closes 03 Oct 2023.
When is the listing date?
Tentative listing: 11 Oct 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹38 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Goyal Salt Ltd IPO · Expected 05 Oct 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
05 Oct 2023
Refund Initiation
06 Oct 2023
Demat Credit
09 Oct 2023
Listing Date
11 Oct 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹38
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹114,000
1 lot
Est. Listing
₹38
GMP +₹0
Key Dates
Open
26 Sep Done
Close
03 Oct Done
Listing
11 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
A
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