Galactico Corporate Services Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Sep 2019

Close Date

27 Sep 2019

Allotment

03 Oct 2019

Listing Date

09 Oct 2019

Exchange

BSE SME

Price Band

₹23

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹23

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

16,08,000 shares (aggregating up to ₹3.70 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹138,000

1 lot

Pre-IPO Holding

54,31,205 shares

Promoters

Post-IPO Holding

57,31,205 shares

Promoters

UPI Deadline

2019-09-27

Mandate

Anchor AllotmentMon, 23 Sep 2019

Basis of AllotmentThu, 03 Oct 2019

Refund InitiationFri, 04 Oct 2019

Demat CreditFri, 04 Oct 2019

Listing DayWed, 09 Oct 2019

UPI Mandate Deadline2019-09-27

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public15,24,000 shares (aggregating up to ₹3.51 Cr)

Market Maker Quota84,000 shares (aggregating up to ₹0.1932 Cr)

Fresh Issue Shares2,16,000 shares (aggregating up to ₹0.4968 Cr)

Offer for Sale13,08,000 shares of ₹10 (aggregating up to ₹3.01 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Galactico Corporate Services Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Sep 2019.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	84,000	—	₹0.19
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,608,000	100%	₹3.70

IPO Shares Offered

Galactico Corporate Services Ltd. IPO total issue size: ₹3.70 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	84,000	₹0.19	5.22%
Total	1,608,000	₹3.70	100.00%

* Based on upper price band ₹23 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹23.00

Upper Band

Min Investment

₹138,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹276,000
Retail (Max — 13 Lots)	13	78,000	₹1,794,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,932,000
B-HNI (Min — 68 Lots)	68	408,000	₹9,384,000

* Issue Price ₹23 × Lot Size 6,000 shares

IPO Schedule

Anchor

23 Sep 2019

✓ Done

IPO Open

24 Sep 2019

✓ Done

IPO Close

27 Sep 2019

✓ Done

Allotment

03 Oct 2019

✓ Done

Refunds

04 Oct 2019

✓ Done

Demat Credit

04 Oct 2019

✓ Done

Listing Day

09 Oct 2019

✓ Done

₹23.00

INR · BSE

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Issue ₹23.00 Live Price

About Galactico Corporate Services Ltd.

Incorporated in 2015, Galactico Corporate Services Limited is engaged in providing diversified financial services. The company manages investment advisory, fundraising activities, and underwriting of issues. Galactico also works as an advisor, manager and consultant to an issue.It is also a SEBI authorised category-I merchant banker offering IPO advisory, debt syndication, Takeovers, Business Modeling, Merger & Acquisitions services, etc. The company provides such services to small and mid-sized enterprises (SMEs).The registered office of the company is located in Nasik and other branch offices in Mumbai, Jalgaon and Jaipur.Galactico has primarily two subsidiaries which are Instant Finserve Private Limited and Seven Hills Beverages Limited. Seven Hills is engaged in manufacturing of drinking water. Instant Finserve Private Limited is focused on debt finance and financial consultancy related business. Competitive Strengths1. Diversified business portfolio2. Long-term relationship with clients3. Low dependency on debt and controlled overheads

Objects of the Issue

1 Repayment of Unsecured loans

2 General Corporate Purposes

Galactico Corporate Services Ltd. Financials (Amount in Lakhs)

Revenue from Operations

N/A

FY 2022-23

₹1,653.9

31-Mar-18

₹1,919.4

31-Mar-19

Profit After Tax (PAT)

N/A

FY 2022-23

₹135.1

31-Mar-18

₹141.8

31-Mar-19

Particulars	31-Mar-19	31-Mar-18	FY 2022-23
Revenue from Operations	1919.35	1653.94	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	141.82	135.13	N/A
Net Worth	N/A	N/A	N/A
Total Assets	2601.35	2484.03	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered16,08,000 (100.00%)

Net Offer to Public15,24,000 shares (aggregating up to ₹3.51 Cr)

Reserved for Market Maker84,000 shares (aggregating up to ₹0.1932 Cr)

Pre-Issue Promoter Holding54,31,205 shares

Post-Issue Promoter Holding57,31,205 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

info@galacticocorp.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Aryaman Financial Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Galactico Corporate Services Ltd. IPO subscribed? ▲

Galactico Corporate Services Ltd. IPO is subscribed 1.00 times by Sep 27, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Galactico Corporate Services Ltd. IPO retail subscription status? ▼

The Galactico Corporate Services Ltd. IPO retail category is subscribed 1.00 times as of 27 Sep 2019. The retail portion is oversubscribed.

How to subscribe Galactico Corporate Services Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Sep 2019 and closes 27 Sep 2019. Min investment: ₹138,000 (1 lot = 6,000 shares). UPI mandate: 2019-09-27.

How many times Galactico Corporate Services Ltd. IPO subscribed? ▼

The Galactico Corporate Services Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Galactico Corporate Services Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Oct 2019. Refunds: on 04 Oct 2019.

When Galactico Corporate Services Ltd. IPO will be listed? ▼

The Galactico Corporate Services Ltd. IPO listing date is 09 Oct 2019, Wednesday. Listed on: BSE SME. Issue price: ₹23. Estimated listing: ₹23. GMP: NIL.

When Galactico Corporate Services Ltd. IPO close? ▼

The Galactico Corporate Services Ltd. IPO closes on 27 Sep 2019, Friday. UPI mandate: 2019-09-27. Allotment: 03 Oct 2019. Listing: 09 Oct 2019.

Quick Actions

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Live Price LIVE

Last Price₹23.00

Change—

Issue Price₹23.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹23

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹138,000

GMPNIL

Est. Listing₹23

Subscribed1.00x

Open Date24 Sep 2019

Close Date27 Sep 2019

Allotment03 Oct 2019

Listing Date09 Oct 2019

ExchangeBSE SME

UPI Deadline2019-09-27