Issue Price
₹23
Per Share
GMP
NIL
Grey Market
Est. Listing
₹23
Expected Price
Min. Application
₹276,000
2 lots × 6000 shares
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
Galactico Corporate Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 84,000 | — | ₹0.19 Cr | — |
| TOTAL | 1,608,000 | 100.00% | ₹3.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹138,000 |
| Retail (Max) | 13 | 78,000 | ₹1,794,000 |
| sNII (Min) | 14 | 84,000 | ₹1,932,000 |
| bNII (Min) | 68 | 408,000 | ₹9,384,000 |
| 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 |
| Total Borrowings | N/A | N/A | N/A |