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Galactico Corporate Services Ltd IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Nashik and caters to Banking And Finance sector. Aryaman Financial Services is the merchant banker of Galactico Corporate Services Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th July 2019.
Galactico Corporate Services Ltd IPO open date is 24th September 2019 and close date is 27th September 2019. IPO Allotment Date is 30th November -0001 and Listing date is 9th October 2019.
IPO
Size:
₹ 3.70 Cr.
Avg IPO Size (Sector Based)
: ₹
22.12 cr.
Sector: Banking And Finance
SME
IPO so far:
53
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Nashik
SME
IPO so far:
13
Revenue (annualised):
₹
19.19
cr. 
PE
Ratio:
9.30x
Average Sector PE Ratio: 17.91x
Galactico Corporate Services Ltd IPO size is ₹ 3.70 Cr. with IPO price of ₹ 23.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Galactico Corporate Services Ltd IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited for Galactico Corporate Services Ltd IPO.
Galactico Corporate Services Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Galactico Corporate Services Ltd IPO, based in Nashik, operates in the Banking And Finance sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Galactico Corporate Services Ltd IPO size is ₹ 3.70 Cr. with fresh issue size of ₹ 0.69 Cr. and Offer for sale being ₹ 3.01Cr.
The IPO allotment date for Galactico Corporate Services Ltd IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Galactico Corporate Services Ltd IPO allotment status on the registrars website, Bigshare Services Private Limited. Galactico Corporate Services Ltd IPO refund dates are 30th November -0001.
Galactico Corporate Services Ltd IPO is expected to be listed on 9th October 2019.
The upper price band for the Galactico Corporate Services Ltd IPO is set at ₹ 23.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Galactico Corporate Services Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Galactico Corporate Services Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2019. After submission, funds are blocked until the basis of allotment of Galactico Corporate Services Ltd IPO is finalised.
The merchant banker for Galactico Corporate Services Ltd IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Galactico Corporate Services Ltd IPO RHP for further details.
The registrar for Galactico Corporate Services Ltd IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Galactico Corporate Services Ltd IPO through their official website or helpline.
Galactico Corporate Services Ltd IPO was subscribed 1.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 3.70 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.12 Cr.
Sector: Banking And Finance
SME
IPO so far:
53
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Nashik
SME
IPO so far:
13
Revenue (annualised):
₹ 18.55 cr.
PE
Ratio:
9.30x
Average Sector PE Ratio: 17.91x
Galactico Corporate Services Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Galactico Corporate Services Ltd Financial Review Page
Merchant Banker(s) of Galactico Corporate Services Ltd IPO: Aryaman Financial Services Limited
Galactico Corporate Services Ltd IPO subscription was 1.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Galactico Corporate Services Ltd IPO listed at a listing price of 23.05 against the offer price of 23.00.
The current market price of Galactico Corporate Services Ltd is 2.51.
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