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IPO Synopsis

Galactico Corporate Services Ltd
Public Offer of 16,08,000 equity shares of Rs. 10 each ("equity shares") of Galactico Corporate Services Limited ("gcsl" or the "company") for cash at a price of Rs. 23 per share (the "offer price"), aggregating to Rs. 3.70 Crores ("the offer"), consisting of fresh issue of 3,00,000 equity shares aggregating to Rs. 0.69 Crores and an offer for sale of 13,08,000 equity shares by the promoter selling shareholder aggregating to Rs. 3.01 Crores ("offer for sale"), of which up to 84,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less the market maker reservation portion i.e. Offer of 15,24,000 equity shares of Rs. 10 each is hereinafter referred to as the "net offer". The offer and the net offer will constitute 28.06% and 26.59%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the offer price is 2.3 times of the face value.
Issue
Opens On Closes On
24-Sep-19 27-Sep-19
Money Payable On
Application Allotment
23.00 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
RsCr Lead Managers to the Issue
Project Cost (Rs.Cr) 0.69 Aryaman Financial Services Ltd
Project Financed through Current Offer (Rs.Cr) 3.70  
Post Issue Equity Share Capital (Rs.Cr) 5.73
Issue Price (Rs) 23.00

Projects
Repayment of Unsecured Loans
General Corporate Purposes
Promoted By
Vipul Lathi
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
SEBI Single Regn. No. : BSE / NSE / MSMI - INZ0001192537  |   CDSL Reg. No :  IN-DP-CDSL-438-2008                                                                                                                           SEBI Scores
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