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GALACTICO IPO DETAILS

GCSL IPO: Welcome

Galactico Corporate Service Ltd is consolidated in 2015. The organization offers expanded money related types of assistance. It has two auxiliaries which are Instant Finserve private Ltd and Seven Hills Beverages Ltd. The organization has declared its IPO as a Galactico IPO. It is planned for membership on 24th Sep 2019.



Galactico IPO Details


Issue Open:  Sep 24, 2019 – Sep 27, 2019

Issue Type: Fixed value Issue

Size:  1,608,000 Equity portions of Rs 10 (amassing up to Rs 3.70 cr)

New Issue:  300,000 value portions of Rs 10 (totaling up to 0.69cr)

Offer for Sale:  1,308,000 value portions of Rs 10 (accumulating up to Rs 3.01 cr)

Face Value: Rs 10 for every value share

Issue Price: Rs 23 for every value share

Market Lot:  6000 offers

Min Order Quantity:  6000 offers

Posting At: BSE SME


It is raised about Rs 3.07 crore through an IPO. The size of the issue is 1,608,000 value shares. The offer includes a new issue of 300,000 value shares conglomerating up to 0.69cr and a proposal available to be purchased of 1,308,000 value shares accumulating up to Rs 3.01 crore.


As of the draft outline, the IPO will close on 27th Sep 2019. The essence of the issue remained at Rs 10 for every value share. The fixed value band of the issue is Rs 23 for each value share. The exhibition of the IPO will oversee by Aryaman Financial Services Limited.


It is a fixed value sort of issue. The market parcel of issue fixed at 6000 offers and a base request amount at 6000 offers. The issue is proposed to be recorded on the SME foundation of BSE. Portions of the Galactico saved for qualified institutional purchasers, non-institutional financial specialists, and high total assets speculators.


Objects of the Issue

As of the draft plan, the organization will use net continues raised from the issue towards the reimbursement of unbound advances and subsidizing use for general corporate purposes.


Advertiser Holding

Pre Issue Share Holding        100 %

Post Issue Share Holding       71.94%


Initial public offering Prospectus Documents

Draft Prospectus

Distraction Prospectus


Galactico IPO Registrar


Bigshare Services Pvt Ltd

first Floor, Bharat Tin Works Building,

Opp. Vasant Oasis, Makwana Road,

Marol, Andheri(E), Mumbai – 400 059


Telephone: +91-22-6263 8200

Email: info@galacticocorp.com

Site: http://www.bigshareonline.com


Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or suggestion. If you don't mind read the offer report cautiously and counsel your guide before contributing.

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GCSL IPO: About
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