The Goldstar Power IPO date has been confirmed to have started on September 27, 2017 and ended on September 29, 2017. Read the post to learn about Goldstar Power IPO GMP.
Goldstar Power’s IPO aims to generate Rs 7.25 crore in capital. The share is valued at ₹25 each, and the application mandates a minimum lot size of 6,000 shares.At least ₹150,000 is necessary for retail investors to invest.
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Bidding Dates
September 27-29
Price Range
₹25 per share
Face Value
₹10 per share
GMP
₹15.65
Goldstar Power IPO GMP
The Goldstar Power Limited IPO GMP Today is ₹15.65.
IPO Overview
Goldstar Power’s IPO features a fixed-price offer of Rs 7.25 crore. The Goldstar Power IPO bidding process initiated on September 27, 2017, concluding on September 29, 2017. The NSE SME commenced listing shares on October 10, 2017. The IPO price for Goldstar Power is ₹25 per share. Goldstar Power Limited IPO GMP Today is ₹15.65. For your application, a lot size of 6000 shares is mandatory. Retail investors must contribute at least $150,000 to be eligible for participation.
At the moment, the company is active in serving three market segments: exports, domestic/after-sales, and OEM. Serving a wide range of customers, they have established a strong foothold among both domestic consumers nationwide and international clients in regions such as Uganda, Nepal, and Lebanon.
Goldstar Power IPO Details
| IPO Date | September 27, 2017 to September 29, 2017 |
| Listing Date | October 10, 2017 |
| Face Value | ₹10 per share |
| Price | ₹25 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 2,900,000 shares (aggregating up to ₹7.25 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Goldstar Power IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹150,000 |
| Retail (Max) | 1 | 6000 | ₹150,000 |
Goldstar Power IPO Listing Details
| Listing Date | October 10, 2017 |
| BSE Script Code | |
| NSE Symbol | GOLDSTAR |
| ISIN | INE405Y01013 |
| Final Issue Price | ₹25 per share |
Company Profile
Goldstar Power Ltd., founded in 1999, is renowned for its battery manufacturing expertise. Production and promotion of their goods fall under the “Star Gold” brand. Waste batteries and spent batteries are collected from dealers and retailers, undergoing conversion into finalized products. The company’s product line includes automobile batteries, tubular batteries, SMF series batteries, VRLA batteries, solar batteries, pure Lead and alloy batteries. These batteries are commonly seen in Tata, Maruti, and Mahindra vehicles. The batteries, however, are used as a replacement by car owners
rather than as stock batteries by car manufacturers.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Goldstar Power Ltd |
| Phone number | +91-0288-2571120 |
| Email ID | [email protected] |
| Website | goldstarpower.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Goldstar Power IPO FAQs
When Goldstar Power IPO will open?
The Goldstar Power IPO opens on September 27, 2017 and closes on September 29, 2017.
What is the lot size of Goldstar Power IPO?
Goldstar Power IPO lot size is 6000 Shares, and the minimum amount required is ₹150,000.
When is Goldstar Power IPO listing date?
The Goldstar Power IPO listing date is on October 10, 2017.
