Open Date
26 Sep 2023
29 Sep 2023
3000 shares
₹18.63 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹36 to ₹38
Close Date
Allotment Date
05 Oct 2023
10 Oct 2023
Goyal Salt Limited, a company founded in 2010, is in the business of processing raw salts obtained from subsoil brine in the state of Rajasthan for use as industrial salts and edible salts. Goyal Salt Limited refines and distributes a pure, refined, and quality range of industrial salt, double-fortified salt, triple-refined half-dry salt, free-flow iodized salt, and salt. Refined free-flow iodized salt, Refined Free Flow Industrial Salt, Double Fortified Salt, and Refined Half Dry Salt are among the company's products.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Capital Expenditure for Quality Enhancement. Brand Creation and Marketing Expenses. Funding the working capital requirements of the company; and General corporate purposes.
The book-running lead managers to the offer are: Holani Consultants Private Ltd
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