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Galactico Corporate Services Ltd IPO

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Public Offer of 16,08,000 equity shares of Rs. 10 each (equity shares) of Galactico Corporate Services Limited (gcsl or the company) for cash at a price of Rs. 23 per share (the offer price), aggregating to Rs. 3.70 Crores (the offer), consisting of fresh issue of 3,00,000 equity shares aggregating to Rs. 0.69 Crores and an offer for sale of 13,08,000 equity shares by the promoter selling shareholder aggregating to Rs. 3.01 Crores (offer for sale), of which up to 84,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the offer (the market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 15,24,000 equity shares of Rs. 10 each is hereinafter referred to as the net offer. The offer and the net offer will constitute 28.06% and 26.59%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the offer price is 2.3 times of the face value.

Galactico Corporate Services Ltd IPO Subscription Details

Company

Galactico Corporate Services Ltd

Issue Type

Fixed Price - SME

Open Date

24 Sep

Close Date

27 Sep

Offer Price

23.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Galactico Corporate Services Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630


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Contact Details of Galactico Corporate Services Ltd IPO

Company Contact Information

Galactico Corporate Services Ltd IPO
2ndFr Above Shirpur Co-Op Bank,
Shree Gurudeo Tower Canade Cor,
Nashik, Maharashtra 422005.

Phone: 91-253-2319714
Email: info@galacticocorp.com

Galactico Corporate Services Ltd IPO Register

Bigshare Services Pvt Ltd

Galactico Corporate Services Ltd IPO Lead Manager(s)

  • Aryaman Financial Services Ltd

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