Goyal Salt Limited
Book Built Issue IPO · NSE
- Price band
- ₹36 - ₹38
- Lot size
- 3,000 shares
- Issue amount
- ₹18.63 cr
- Total subscription
- 294.69×
- Opens
- 26 Sept 2023
- Closes
- 3 Oct 2023
- Allotment
- 6 Oct 2023
- Listing
- 11 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 49,02,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹18.63 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,14,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,29,98,250
- Shares after issue
- 1,79,00,250
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,14,000 |
| HNI | 2 | 6,000 | ₹2,28,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.35 | 225.23 |
| RETAIL | 6.22 | 2,352.63 |
| NIB | 2.77 | 1,060.41 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 2.72 |
| ROE | 25.38 |
| ROCE | 36.22 |
| RONW | 21.86 |
| PRE IPO(PE) | 13.97 |
| POST IPO(PE) | 19.19 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2010, Goyal Salt Limited is engaged in refining raw salt into various industrial and edible salt products. The company offers triple-refined free-flow iodized salt, industrial salt, double-fortified salt, and triple-refined half-dry salt, catering to sectors like soap, detergents, textiles, dyeing, glass, polyester, plastics, rubber, leather, and chemicals. It sources around 75% of raw salt from the open market, while the remaining is supplied by promoter-controlled entities and its own salt harvesting land. The refinery is located at Nawa City near Sambhar Lake, spread across 1.45 hectares, with an additional 18.66 hectares leased for salt harvesting. The company recorded revenue of Rs. 6,005.30 lakhs in FY 2022-23.
Promoters
Mr. Rajesh Goyal
Mr. Pramesh Goyal
Mr. Lokesh Goyal
Ms. Radhika Goyal
Ms. Priyanka Goyal
Ms. Rekha Goyal
Kunj Bihari Goyal HUF
Rajesh Goyal HUF
Parmesh Goyal HUF
Lokesh Goyal HUF
Registrar & documents
Lead manager
Holani Consultants Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur - 302021
+91 - 9116544418
[email protected]Company website ↗Understanding GOYALSALT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.