In this article, we will discuss in details about the Galactico Corporate Services IPO dates, size, its 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.
|IPO Price Band||NA|
|Face Value||Rs. 10|
|No. of Shares||16,08,000|
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 Banker having Registration Code INM000012519. Their motto is to achieve excellence across a range of financial services like Advisory in IPO, Merger & Acquisitions, Debt Syndications, Takeovers, Valuations, Strategic & General Corporate Advice, and Business Modeling, etc.
They are primarily focused on providing such services to small and midsized enterprises (SMEs). Their Registered Office and Head Office situated at 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 year 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 the closing date of Galactico Corporate Services IPO is not known yet.
Galactico Corporate Services IPO Subscription
|Day / Date||QIB||NII||RII||Total Subscription|
|1st Day –|
|2nd Day –|
|3rd Day –|
|4th Day –|
|5th Day –|
|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 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 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 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 Standalone statement:-
|Amount (in INR & lakhs)|
|Profit After Tax||141.82||135.13|
Galactico Corporate Services IPO 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
Investor Grievance Email: email@example.com
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
Investor Grievance Email: firstname.lastname@example.org
Contact Person: Mr. Babu Raphael
SEBI Registration No.: INR000001385
Galactico Corporate Services IPO Conclusion
Galactico Corporate Services IPO News
- DRHP Download
- RHP Download