Galactico Corporate Services Limited IPO

BSE SME

Offer Date: Sep 24, 2019 - Sep 27, 2019

₹ 138000 /6000 Shares

IPO Details

24 Sep, 2019

Open Date

27 Sep, 2019

Close Date

04 Oct, 2019

Allotment Date

08 Oct, 2019

Listing Date

Issue Price

Rs 23/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

Market Lot

6000 Shares (Rs 1,38,000/-)

Lead Manager

Aryaman Financial Services Limited

Issue Size

Total 16,08,000 Equity Shares of Rs 10/- at price of Rs 23/- with aggregating up to Rs 3.70 Cr# Fresh issue of 3,00,000 Equity Shares of Rs 10/- at price of Rs 23/- per share aggregating to Rs 0.69 Cr# Offer for Sale of 13,08,000 Equity Shares of Rs 10/- at price of Rs 23/- per share aggregating up to Rs 3.01 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	7,62,000	7,62,000	15,24,000
Day 1 - 24-09-19	13,38,000 1.76 x	48,000 0.06 x	13,86,000 0.91 x
Day 2 - 25-09-19	13,38,000 1.76 x	2,46,000 0.32 x	15,84,000 1.04 x
Day 3 - 26-09-19	13,38,000 1.76 x	3,18,000 0.42 x	16,56,000 1.09 x
Day 4 - 27-09-19	13,38,000 1.76 x	4,26,000 0.56 x	17,64,000 1.16 x
Day 5 - 03-07-19	N/A x	N/A x	N/A x

Valuations

Earnings Per Share (EPS)

Rs 2.46/-

P/E Ratio

9.3

RoNW

7.64%

Net Asset Value ( post issue )

Rs 27.77/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Alphalogic Techsys Limited	1.56	16.84	24.85%	5.10
Info Beans Technologies Limited	1.20	8.63	14.08%	115.52
Xelpmoc Design and Tech Limited	1.96	-16.16	-12.15%	6.09

- Promoter(s)

Company Promoter(s)

Mr. Vipul Lathi

IPO - Issue Objectives

Repayment of Unsecured loans ( Rs 0.50 Cr )
General Corporate Purposes ( Rs 0.08 Cr )

IPO - FAQs

Ans. Galactico Corporate Services Limited IPO is a SME IPO. The issue is priced at Rs 23/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Sep 24, 2019, and closes on Sep 27, 2019. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Galactico Corporate Services Limited IPO opens on Sep 24, 2019 and closes on Sep 27, 2019.

Ans. The size of Galactico Corporate Services Limited IPO is Total 16,08,000 Equity Shares of Rs 10/- at price of Rs 23/- with aggregating up to Rs 3.70 Cr# Fresh issue of 3,00,000 Equity Shares of Rs 10/- at price of Rs 23/- per share aggregating to Rs 0.69 Cr# Offer for Sale of 13,08,000 Equity Shares of Rs 10/- at price of Rs 23/- per share aggregating up to Rs 3.01 Cr.

Ans. The IPO price band is set between Rs 23/- Per Equity Share .

Ans. To apply for Galactico Corporate Services Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Galactico Corporate Services Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Galactico Corporate Services Limited IPO is Oct 4, 2019.

Ans. The Galactico Corporate Services Limited IPO will be listed on Oct 8, 2019.

Ans. Follow the steps to check the allotment status for Galactico Corporate Services Limited IPO here.