In this article, we will discuss in detail the Galactico Corporate Services IPO dates, size, allotment status, Galactico IPO subscription, grey market premium, and its company’s financial status that will help you to conclude whether you should invest or subscribe for this IPO or not.
| Open Date | NA |
| Close Date | NA |
| IPO Price Band | NA |
| Face Value | Rs. 10 |
| No. of Shares | 16,08,000 |
| Share Price | NA |
| Share premium | NA |
| IPO Size | NA |
Summary – Galactico Corporate Services Limited
They are a diversified financial services company in India, carrying out the business of management of fundraising activities, investment advisory, underwriting of issues, manager, consultant, or adviser to any issue including corporate advisory services and as consultant or adviser.
They are registered as SEBI Category-I Merchant Bankers having Registration Code INM000012519. Their motto is to achieve excellence across a range of financial services like Advisory in IPO, Mergers & Acquisitions, Debt Syndications, Takeovers, Valuations, Strategic & General Corporate Advice, Business Modeling, etc.
They are primarily focused on providing such services to small and mid-sized enterprises (SMEs). Their Registered Office and Head Office are situated in Nasik, They also provide services from Their branch offices situated in Jalgaon, Jaipur, and Mumbai.
The Promoters of this company is Mr. Vipul Lathi. The lead manager to the issue is Aryaman Financial Services Limited and the Registrar to this issue is Bigshare Services Private Limited.
Galactico Corporate Services IPO Review
In the Restated Consolidated Financial Statement, their total income was M 1,919.35 Lakhs and M 1,653.94 Lakhs for the financial years 2019 and 2018. Their Profit after Tax (PAT) for the similar fiscal years mentioned above were M 141.82 Lakhs and M 135.13 Lakhs respectively.
For the Financial year ended 2019, 2018, and 2017, their total income in the Restated Standalone Financials was M 196.58 Lakhs, M160.40 Lakhs, and M 51.84 Lakhs. Their Profit after Tax (PAT) for the similar fiscal years mentioned above were M 74.09 Lakhs, M 85.48 Lakhs, and M 31.73 Lakhs respectively.
Galactico Corporate Services IPO Date
The opening and closing date of Galactico Corporate Services IPO is not known yet.
Galactico Corporate Services IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
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| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Galactico Corporate Services IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Galactico Corporate Services IPO Grey Market Premium
The Galactico Corporate Services IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Galactico Corporate Services IPO Price
The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed.
Galactico Corporate Services IPO Issue Size
Issue of 16,08,000 Equity Shares of the face value of Rs.10/- each.
Galactico Corporate Services – Company Overview
The Company was originally incorporated as “Amigos Trading and Commerce Private Limited” on June 15, 2015, under the provisions of the Companies Act, 2013. Pursuant to a Special Resolution of the Shareholders passed at Extraordinary General Meeting dated December 30, 2016, the Company’s main object was altered and consequently CIN was changed to U74110MH2015PTC265578.
Subsequently, a fresh certificate of incorporation consequent upon the change of name of the Company to “Galactico Corporate Services Private Limited” dated April 04, 2017, was issued by ROC, Mumbai. Further, pursuant to the conversion of the Company to a Public Limited Company, a fresh certificate of incorporation was issued by ROC, Mumbai on November 06, 2018, for “Galactico Corporate Services Limited” bearing CIN U74110MH2015PLC265578.
Galactico Corporate Services – Company Financials
On the basis of the Standalone statement:-
| Amount (in INR & lakhs) | ||
| 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 2,601.35 | 2,484.03 |
| Total Revenue | 1,919.35 | 1,653.94 |
| Total Expense | 1,716.68 | 1,461.61 |
| Profit After Tax | 141.82 | 135.13 |
Galactico Corporate Services IPO Lead Managers
| Lead Managers |
| ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel No.: +91 – 22 – 6216 6999 Email: ipo@afsl.co.in Website: www.afsl.co.in Investor Grievance Email: feedback@afsl.co.in Contact Person: Mr. Vimal Maniyar/ Ms. Kruti Bhatt SEBI Registration No. INM000011344 |
Galactico Corporate Services IPO Registrar to Offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel: +91 – 22 – 6263 8200 Email: ipo@bigshareonline.com Website: www.bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Babu Raphael SEBI Registration No.: INR000001385 |
Galactico Corporate Services IPO Conclusion
Galactico Corporate Services IPO News
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