Goyal Salt IPO: Price band, subscription status, GMP, other key details as SME issue opens

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Also Read: JSW Infrastructure IPO: Latest GMP, subscription status, buy or not? Let us take a look at Goyal Salt IPO subscription status, GMP and other key details. Goyal Salt IPO is a book built issue of ₹18.63 crores. The issue is entirely a fresh issue of 49.02 lakh shares.

Goyal Salt IPO opened for subscription on Tuesday, September 26, and will close on Friday, September 29. The company is expected to finalise the basis of IPO allotment on October 5 and initiate refunds on October 6, while credit the shares to the demat accounts of eligible allottees on October 9. Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Goyal Salt shares are proposed to be listed on NSE SME with a tentative listing date fixed on October 10.

Goyal Salt IPO price band is fixed at ₹36 to ₹38 per share. The IPO lot size is 3,000 shares and the minimum investment amount required by retail investors is ₹114,000. Also Read: Kundan Edifice share price debuts at 17.58% discount at ₹75 on NSE SME The Goyal Salt IPO issue size is ₹18.63 crore which entirely comprises a fresh issue of 49.02 lakh shares.

The face value of each Goyal Salt share is ₹10 apiece. The company has already raised ₹5 crore from anchor investors on September 25, ahead of the IPO opening. The book running lead manager of the Goyal Salt IPO is Holani Consultants Pvt Ltd, while Bigshare Services Pvt Ltd is the IPO registrar.