Galactico Corporate Services Limited IPO
(i) They are a diversified financial services company in India, carrying out the business of management of fundraising activities, investment advisory, underwriting of issues, manager, consultant or adviser to any issue including corporate advisory services and as consultant or adviser.
(ii) They are registered as SEBI Category-I Merchant Banker having Registration Code INM000012519.
(iii) They have a team of competent individuals and qualified professionals having relevant industry experience.
(iv) They have two wholly-owned subsidiaries – namely- Seven Hills Beverages Limited (“Seven Hills”) and Instant Finserve Private Limited (“Instant Finserve”) and one indirect subsidiary Palwe Pest Control Private Limited (“Palwe Pest Control”) which is a subsidiary of Seven Hills Beverages Limited.
a) Seven Hills is presently engaged in the business of manufacturing of packaged drinking water.
b) Instant Finserve has presently engaged in financial consultancy and debt finance-related businesses.
c) Palwe Pest Control is engaged in the business of providing pest control related products and services.
(v) The company’s objective is to meet the need for professional advice and consultancy primarily to SMEs and Startups looking to access growth capital and expand their business horizons. The Investment Banking arm helps small and midsize enterprises raise equity and structured debt (domestic as well as foreign) funding.
The total income was 1,919.35 Lakhs and 1,653.94 Lakhs for the financial year 2019 and 2018 and the Profit after Tax (PAT) for the similar fiscal years mentioned above were 141.82 Lakhs and 135.13 Lakhs respectively.
Objects of the Galactico Corporate Services Limited IPO:
Galactico Corporate Services Limited IPO Details:
|Open Date:||Sep 24 2019|
|Close Date:||Sep 27 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Issue|
|Issue Size:||3.69 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 23 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Oct 08 2019|
Promoters And Management:
Financials of Galactico Corporate Services Limited IPO:
Recommendation on Galactico Corporate Services Limited IPO:
Lead Manager of Galactico Corporate Services Limited IPO:
Registrar of Galactico Corporate Services Limited IPO:
Bid Details of Galactico Corporate Services Limited IPO as on
27 Sep 2019 | 11:50:01 PM
|Category||No.of shares offered||No. of shares bid|