Galactico Corporate Services Ltd IPO

Closed

Subscription Details

  • Open Date 24 Sep
  • Close Date 27 Sep
  • Lot Size 6000
  • IPO Size ₹ 3.7 Cr
  • IPO Price Range ₹ 23
  • Min Investment ₹ 138000

Galactico Corporate Services Ltd IPO Timeline

Open Date
24 Sep
Close Date
27 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Galactico Corporate Services Ltd IPO

Contact Information

Address

2ndFr Above Shirpur Co-Op Bank,
Shree Gurudeo Tower Canade Cor,
Nashik, Maharashtra 422005

Galactico Corporate Services Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account