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Galactico Corporate IPO IPO

SME24 Sep 201927 Sep 2019
Open
24 Sep 2019
Close
27 Sep 2019
3
Allotment
Listing
Wed, Oct 9, 2019
Price Band
₹23 per share
Issue Size
16,08,000 shares (agg. up to ₹4 Cr)
Lot Size
6,000 Shares
Listing Date
Wed, Oct 9, 2019
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total1.09x

Restated Financials (₹ Cr.)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets12.9112.177.93
Total Income1.971.600.52
Profit After Tax0.740.850.32
NET Worth12.3011.567.07
Reserves and Surplus6.876.137.00
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment of Unsecured loans0.50
2General Corporate Purposes0.08

About Galactico Corporate IPO

Incorporated in 2015, Galactico Corporate Services Limited is engaged in providing diversified financial services. The company manages investment advisory, fundraising activities, and underwriting of issues. Galactico also works as an advisor, manager and consultant to an issue.It is also a SEBI authorised category-I merchant banker offering IPO advisory, debt syndication, Takeovers, Business Modeling, Merger & Acquisitions services, etc. The company provides such services to small and mid-sized enterprises (SMEs).The registered office of the company is located in Nasik and other branch offices in Mumbai, Jalgaon and Jaipur.Galactico has primarily two subsidiaries which are Instant Finserve Private Limited and Seven Hills Beverages Limited. Seven Hills is engaged in manufacturing of drinking water. Instant Finserve Private Limited is focused on debt finance and financial consultancy related business.Competitive Strengths1. Diversified business portfolio2. Long-term relationship with clients3. Low dependency on debt and controlled overheads+ Read More

Contact Details

Galactico Corporate Services Ltd. Address2nd Floor, Shree Gurudeo TowerAbove Shirpur Co-Op Bank LtdCanada CornerNashik, Maharashtra, 422005+91 253 231 9714info@galacticocorp.comVisit Website