Goyal Salt IPO GMP Today ( Grey Market Premium )

Goyal Salt IPO GMP Today ( Grey Market Premium )

The Goyal Salt IPO commenced on September 26, 2023, and concluded on September 29, 2023. The allotment of shares took place on October 5, 2023, and the initiation of refunds began on October 6, 2023. The shares were credited to the demat accounts of investors on October 9, 2023. Finally, the listing of Goyal Salt on the stock exchange occurred on October 10, 2023.

The Goyal Salt IPO was priced at ₹36 to ₹38 per share, with a lot size of 3000 shares. The total issue size was ₹18.63 crores, comprising a fresh issue of ₹18.63 crores. The IPO was listed on the NSE SME.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Goyal Salt IPO Basic Details

Company NameGoyal Salt Limited
Domain of CompanyRefine Raw Salt Company
Goyal Salt IPO GMP Today₹18
Goyal Salt IPO Listing Gain47.37%
Goyal Salt IPO Open DateSeptember 26, 2023
Goyal Salt IPO Close DateSeptember 29, 2023
Goyal Salt IPO Allotment DateOctober 5, 2023
Goyal Salt IPO Listing DateOctober 10, 2023
Face Value₹10 per share
Price₹36 to ₹38 per share
Lot Size3000 Shares
Issue Size4,902,000 shares of ₹10
(aggregating up to ₹18.63 Cr)
Fresh Issue4,902,000 shares of ₹10
(aggregating up to ₹18.63 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Company PromotersMr. Rajesh Goyal, Mr. Pramesh Goyal,
Mr. Lokesh Goyal, Ms. Radhika Goyal,
Ms. Priyanka Goyal, Ms. Rekha Goyal,
Kunj Bihari Goyal HUF, Rajesh Goyal HUF,
Parmesh Goyal HUF, and Lokesh Goyal HUF

Goyal Salt IPO GMP Today:

DateGMPListing GainKostakSubject to
24 September 2023₹1847.37%

Goyal Salt Limited IPO Details:

Goyal Salt Limited, established in 2010, operates in Rajasthan, refining raw salt from underground brine sources. They produce high-quality iodized salt, industrial salt, fortified salt, and half-dry salt. The raw materials are mainly purchased from the open market (75%), with some sourced from entities controlled by the promoters (23%) and salt land harvesting owned by them (2%).

The company also supplies industrial salt to various industries such as soap, detergent, textiles, dyes, glass, polyester, plastics, rubber, leather, and chemicals.

Their refinery is in Nawa City, near Sambhar Lake, covering 1.45 hectares. Additionally, they have rights to harvest raw salt on 18.66 hectares of government-leased land in the Nawa City salt-producing area in Rajasthan.

In the fiscal year 2022-23, Goyal Salt achieved sales of Rs. 6,005.30 lakhs.

Goyal Salt IPO More Details Click Here

Goyal Salt IPO FAQs

When is Goyal Salt IPO open?

Goyal Salt IPO will open on 26 September 2023.

When is Goyal Salt IPO Close?

Goyal Salt IPO will be closed on 29 September 2023.

What is Goyal Salt IPO GMP Today?

The Goyal Salt IPO GMP aka Grey Market Premium is ₹18.

What is Goyal Salt IPO Kostak Rates Today?

The Goyal Salt IPO Kostak Rate is ₹000.

What is Goyal Salt IPO Subject to Sauda Price Today?

The Goyal Salt IPO subject to sauda rates is ₹000.

Goyal Salt IPO Expected Returns?

The Goyal Salt expected return is 47.37%.

How much will be the listing gain in Goyal Salt IPO?

Goyal Salt IPO will get listing gain of 47.37%. (Approx.)

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