IPO

Galactico Corporate Services Limited IPO

BSE SME

Offer Date: Sep 24, 2019 - Sep 27, 2019

₹ 276000 /12000 Shares
*Min Investment

24 Sep, 2019

Open Date

27 Sep, 2019

Close Date

04 Oct, 2019

Allotment Date

08 Oct, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 23/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Total 16,08,000 Equity Shares of Rs 10/- at price of Rs 23/- with aggregating up to Rs 3.70 Cr# Fresh issue of 3,00,000 Equity Shares of Rs 10/- at price of Rs 23/- per share aggregating to Rs 0.69 Cr# Offer for Sale of 13,08,000 Equity Shares of Rs 10/- at price of Rs 23/- per share aggregating up to Rs 3.01 Cr
  • Listing at BSE SME
  • Lead Manager Aryaman Financial Services Limited
  • Registrar Bigshare Services Pvt Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Galactico Corporate Services Limited IPO is an SME IPO, priced at Rs 23/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 24, 2019 to Sep 27, 2019. The allotment is expected to be finalized on Oct 4, 2019, and the tentative listing date is Oct 8, 2019.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved7,62,0007,62,00015,24,000
Day 1 - 24-09-19
13,38,000 1.76 x48,000 0.06 x13,86,000 0.91 x
Day 2 - 25-09-19
13,38,000 1.76 x2,46,000 0.32 x15,84,000 1.04 x
Day 3 - 26-09-19
13,38,000 1.76 x3,18,000 0.42 x16,56,000 1.09 x
Day 4 - 27-09-19
13,38,000 1.76 x4,26,000 0.56 x17,64,000 1.16 x
Day 5 - 03-07-19
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 2.46/-
P/E Ratio 9.3
RoNW 7.64%
Net Asset Value ( post issue ) Rs 27.77/-
IPO - Issue Objectives
1

Repayment of Unsecured loans ( Rs 0.50 Cr )

2

General Corporate Purposes ( Rs 0.08 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Alphalogic Techsys Limited1.5616.8424.85%5.10
  Info Beans Technologies Limited 1.208.6314.08%115.52
Xelpmoc Design and Tech Limited1.96-16.16-12.15%6.09