Listed Price₹130.00
Listing Gain+242.11%
Price Band₹36 - ₹38
Lot Size3,000 shares
Min Bid₹1,14,000
Subscription294.69x
Listed Market Snapshot
₹130.00Listed price from market data
+242.11%listing gain
Issue Amount
₹18.63 Cr
Listed Price
₹130.00
Current Price
₹130.00
Registrar
Bigshare Services Private Limited
Timeline•Book Built Issue IPO
Open26 Sep 2023
Close03 Oct 2023
Allotment06 Oct 2023
Listing11 Oct 2023
Quota Reservation Portions
QIBPortion: 21,99,000 shares
44.86%Nii (hni)Portion: 7,29,000 shares
14.87%RetailPortion: 16,38,000 shares
33.41%EmployeePortion: 90,000 shares
1.84%Market MakerPortion: 2,46,000 shares
5.02%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,14,000HNI2 lots / 6,000 shares
₹2,28,000About the Company
Incorporated in 2010, Goyal Salt Limited is engaged in refining raw salt into various industrial and edible salt products. The company offers triple-refined free-flow iodized salt, industrial salt, double-fortified salt, and triple-refined half-dry salt, catering to sectors like soap, detergents, textiles, dyeing, glass, polyester, plastics, rubber, leather, and chemicals. It sources around 75% of raw salt from the open market, while the remaining is supplied by promoter-controlled entities and its own salt harvesting land. The refinery is located at Nawa City near Sambhar Lake, spread across 1.45 hectares, with an additional 18.66 hectares leased for salt harvesting. The company recorded revenue of Rs. 6,005.30 lakhs in FY 2022-23.
Company Promoters
Mr. Rajesh GoyalMr. Pramesh GoyalMr. Lokesh GoyalMs. Radhika GoyalMs. Priyanka GoyalMs. Rekha GoyalKunj Bihari Goyal HUFRajesh Goyal HUFParmesh Goyal HUFLokesh Goyal HUF
Lead Managers
Registrar
Bigshare Services Private Limited