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Goyal Salt Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Goyal Salt Ltd IPO

Registered Office: #229-230 Guru Jambeshwar Nagar,Lane # 7 Gandhi Path Vaish.Ngr , Jaipur - 302021 , Rajasthan , India.
Phone : +91-9116544419   Fax:
Email :  info@goyalsalt.in  
Website :  www.goyalsaltltd.com
Initial public offer of 49,02,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Goyal Salt Limited ("The Company" or "Company" or "Issuer") for cash at a price of (Rs)38/- per equity share (including a share premium of (Rs)28/- per equity share), aggregating (Rs)18.63 crores* ("The Issue"), comprising a fresh issue of 49,02,000 equity shares aggregting to (Rs)18.63 crores ("Fresh Issue"). This issue includes a reservation of 2,46,000 equity shares aggregating to (Rs)0.93 crores (constituting 1.37% of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion") and reservation of 90,000 equity shares, aggregating to (Rs)0.34 crores (constituting 0.50 % of the post-issue paid up equity share capital of the company) for subscription by the eligible employees (the "Employees Reservation Portion"). The issue less market maker reservation portion and the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.38% and 25.51% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price of (Rs)38/- is 3.80 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-23 03-Oct-23 (Rs)38.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 16.57
Holani Consultants Pvt Ltd
Project Financed through Current Offer 18.63  
Post Issue Equity Share Capital 17.90  
Issue Price (Rs)38.00  
 
Projects
Capital expenditure for quality enhancementFunding the working capital requirements of the company
Brand creation and marketing expensesGeneral corporate purposes
Promoted By
Rajesh Goyal  
Pramesh Goyal  
Lokesh Goyal  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd