IPO Trending
GOYALSALTSME / NSEListed
Goyal Salt

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.

₹36 - ₹38294.69x sub
Listed Price₹130.00
Listing Gain+242.11%

IPO Schedule & Timeline

Book Built Issue IPO
Open26 Sep 2023
Close03 Oct 2023
Allotment06 Oct 2023
Listing11 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB21,99,000 shares
44.86%
Nii (hni)7,29,000 shares
14.87%
Retail16,38,000 shares
33.41%
Employee90,000 shares
1.84%
Market Maker2,46,000 shares
5.02%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,14,000
HNI2 Lots (6,000 shares)
₹2,28,000

Company Promoters

Mr. Rajesh GoyalMr. Pramesh GoyalMr. Lokesh GoyalMs. Radhika GoyalMs. Priyanka GoyalMs. Rekha GoyalKunj Bihari Goyal HUFRajesh Goyal HUFParmesh Goyal HUFLokesh Goyal HUF

Company Background

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,...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹6012.96 Cr
Growth-48.9%
Revenue Trend (₹ in Crores)
0.04.5k9.0k13.5kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 6,012.9668.152,745.931,297.36
Mar 2022 6,615.0062.75 2,733.411,059.80
Mar 202311,770.68353.743,000.94920.11

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values2.7225.38%36.22%13.9719.19

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
06 Oct 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
11 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Goyal Salt. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Oct 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Oct 2023Trading commences on exchange

How to Check Goyal Salt Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Goyal Salt from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Goyal Salt IPO

Complete issue overview for Goyal Salt (GOYALSALT) IPO. The issue features an equity share price band of ₹36 – ₹38 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,14,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions