Goldstar Power Limited IPO

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Goldstar Power Ltd is a battery manufacturing Company. The manufacturing & marketing their products under flagship brand “Star Gold”.
The company procures battery scrap and discarded batteries from dealers/retailers and converts into a 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.

Goldstar Power Limited IPO Stock Quote & Charts



  • Open: 24.85
  • High - Low: 24.85 - 24.85
  • Previous Close: 24.00
  • Total Traded Volume: 6000
  • Updated On: 24-Dec-2019

Objects of the Goldstar Power Limited IPO:

1. Funding the working capital requirements of the Company 2. General Corporate Purpose

Goldstar Power Limited IPO Details:

Open Date: Sep 27 2017
Close Date: Sep 29 2017
Total Shares: 2,900,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 7.25 Cr.
Lot Size: 6000 Shares
Issue Price: ₹ 25 Per Equity Share
Listing At: NSE Emerge
Listing Date: Oct 10 2017

Promoters And Management:

1. Mulji Pansasa 2. Amrutlal Pansara

Lead Manager of Goldstar Power Limited IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of Goldstar Power Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Goldstar Power Limited Behind Post-Hapa, Ravi Petrol Pump High-Way Road, Jamnagar - 361120 Phone: +91-0288-2571120 Email: Website:

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