IPO Synopsis

Goyal Salt Ltd

Registered Office: #229-230 Guru Jambeshwar Nagar,Lane # 7 Gandhi Path Vaish.Ngr, Jaipur - 302021, Rajasthan, India.
Phone : +91-9116544419   Fax:
Email :  info@goyalsalt.in  
Website :  www.goyalsaltltd.com

Initial public offer of 49,02,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Goyal Salt Limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. 38/- per equity share (including a share premium of Rs. 28/- per equity share), aggregating Rs. 18.63 crores* ("The Issue"), comprising a fresh issue of 49,02,000 equity shares aggregting to Rs. 18.63 crores ("Fresh Issue"). This issue includes a reservation of 2,46,000 equity shares aggregating to Rs. 0.93 crores (constituting 1.37% of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion") and reservation of 90,000 equity shares, aggregating to Rs. 0.34 crores (constituting 0.50 % of the post-issue paid up equity share capital of the company) for subscription by the eligible employees (the "Employees Reservation Portion"). The issue less market maker reservation portion and the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.38% and 25.51% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 38/- is 3.80 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-23 03-Oct-23 38.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 16.57 Holani Consultants Pvt Ltd
Project Financed through Current Offer 18.63  
Post Issue Equity Share Capital 17.90  
Issue Price 38.00  


  • Capital expenditure for quality enhancement
  • Brand creation and marketing expenses
  • Funding the working capital requirements of the company
  • General corporate purposes

Promoted By

Rajesh Goyal

Pramesh Goyal

Lokesh Goyal

Listing At


Registrar to the Issue

No Data Available