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Open
27 Sep 2017
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Close
29 Sep 2017
3
Allotment
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Listing
Tue, Oct 10, 2017
Price Band
₹25 per share
Issue Size
28,98,000 shares (agg. up to ₹7 Cr)
Lot Size
6,000 Shares
Listing Date
Tue, Oct 10, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.19x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 33.72 | 33.54 | 38.09 |
| Total Income | 54.97 | 40.51 | 41.30 |
| Profit After Tax | 0.91 | -0.39 | -0.66 |
| NET Worth | 11.48 | 10.57 | 10.96 |
| Reserves and Surplus | 10.18 | 9.27 | 9.66 |
| Total Borrowing | 12.20 | 13.28 | 14.24 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| ASL Industries Ltd. | SME | ₹9.80 Cr | ₹35 | null | ₹35.05 | +0.14% | ₹172.30 (-1.99%) |
| Endurance Technologies Ltd. | Mainboard | ₹1,161.73 Cr | ₹472 | null | ₹646.90 | +37.06% | ₹2,733.00 (-0.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 6.75 |
| 2 | General Corporate Purpose | 0.05 |
About Goldstar Power IPO
Incorporated in 1999, Goldstar Power Ltd is a battery manufacturing Company. They manufacturing & marketing their products under flagship brand "Star Gold".Company procures battery scrap and discarded batteries from dealers/retailers and converts into finished product. Company’s product range covers various types of batteries including automotive batteries, tubular batteries, SMF series batteries, VRLA batteries, Solar batteries, Pure Lead and Alloy batteries. Those batteries are generally used in cars manufactured by Tata, Maruti and Mahindra. However, the batteries are used as a replacement by car owners and not as stock batteries by car manufacturers. Currently Company caters to all three segments of market viz. exports, domestic/after sales market and OEM. They have a widespread customer base with their domestic customer base situated in various regions of the country and international customers situated across varied countries like Uganda, Nepal, Lebanon, etc.+ Read More
Contact Details
Goldstar Power Ltd. AddressBehind Post-HapaRavi Petrol PumHigh-Way RoadJamnagar, Gujarat, 361120+91-0288-2571120cs@goldstarpower.comVisit Website