Goldstar Power Limited IPO
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.
Objects of the Goldstar Power Limited IPO:
Goldstar Power Limited IPO Details:
|Open Date:||Sep 27 2017|
|Close Date:||Sep 29 2017|
|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|