Goldstar Power IPO GMP, Review, Price, Allotment

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.

September 27-29

₹25 per share

₹10 per share

₹15.65

The Goldstar Power Limited IPO GMP Today is ₹15.65.

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.

IPO DateSeptember 27, 2017 to September 29, 2017
Listing DateOctober 10, 2017
Face Value₹10 per share
Price₹25 per share
Lot Size6000 Shares
Total Issue Size2,900,000 shares
(aggregating up to ₹7.25 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
ApplicationLotsSharesAmount
Retail (Min)16000₹150,000
Retail (Max)16000₹150,000
Listing DateOctober 10, 2017
BSE Script Code
NSE SymbolGOLDSTAR
ISININE405Y01013
Final Issue Price₹25 per share
Goldstar Power

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

NameLink Intime India Private Ltd
Phone number+91-22-4918 6270
Email IDgoldstar.ipo@linkintime.co.in
Websitelinkintime.co.in

Contact Details

NameGoldstar Power Ltd
Phone number+91-0288-2571120
Email IDcs@goldstarpower.com
Websitegoldstarpower.com
  • Experienced promoters and a competent management team.
  • Well-established relationships with a loyal customer base.
  • Access to markets worldwide, enabling global reach.
  • 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.

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