Business Standard

Goldstar Power Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

7.25 cr

Price Range (₹)

25

Lot Size

6000

Min Investment (₹)

1,50,000.00

Listing Exchange

NSE - SME

Open Date

27-Sept-2017

Close Date

29-Sept-2017

Listing Date

10-Oct-2017

Goldstar Power Ltd News

    The Shares of Goldstar Power Ltd have now been listed.

    Goldstar Power Ltd IPO Details

    Public issue of upto 29,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Goldstar Power Limited (the company or the issuer) for cash at a price of Rs. 25/- per equity share, including a share premium of Rs. 15/- per equity share (the issue price), aggregating Rs.7.25 Crores (the issue), of which upto 1,50,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 25/- per equity share,aggregating Rs.0.38 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 27,48,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 25/- per equity share, aggregating Rs. 6.87 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.09% and 25.69% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 25 is 2.5 times of the face value of the equity shares.

    Objective of issue

    Working capital requirements. General corporate purpose.

    Goldstar Power Ltd Contact Details

    Goldstar Power Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - info@goldstarpower.com

    Website - www.goldstarpower.com