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Goyal Salt Ltd

Registered Office : #229-230 Guru Jambeshwar Nagar,Lane # 7 Gandhi Path Vaish.Ngr,Jaipur Rajasthan 302021 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

Opens On

Closes On

26-Sep-2023

03-Oct-2023

Money Payable On

Application

Allotment

38.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

16.57

18.63

17.90

38.00

Holani Consultants Pvt Ltd

Projects

Capital expenditure for quality enhancement

Brand creation and marketing expenses

Funding the working capital requirements of the company

General corporate purposes

Promoted By

Rajesh Goyal

Pramesh Goyal

Lokesh Goyal

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd