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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.
Company
Galactico Corporate Services Ltd
Issue Type
Fixed Price - SME
Open Date
24 Sep
Close Date
27 Sep
Offer Price
23.00
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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