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- There was a point when Goyal was determined that even if it was to be a $50 million IPO at a valuation of $500 million, he would do it because every private investor had shut their pockets. However, contrary to his expectations, the company made a stellar debut on the Indian bourses. It raised over $1.25 billion at a valuation of $12 billion.
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Goyal Salt IPO bidding started from September 26, 2023 and ended on October 3, 2023. The allotment for Goyal Salt IPO was finalized on Thursday, October 5, 2023. The shares got listed on NSE SME on October 11, 2023. Goyal Salt IPO price band is set at ₹36 to ₹38 per share.
- Goyal Salt IPO - Good or Bad | Page 1 - Chittorgarh.com
Goyal Salt IPO review and recommendations by top analyst....
- Goyal Salt IPO - Good or Bad | Page 1 - Chittorgarh.com
Goyal Salt IPO review and recommendations by top analyst. Read Goyal Salt Limited IPO reviews by retail investors to find recommended ipo to buy. Page 1.
Sep 26, 2023 · Profitability: Although the company experienced losses in 2021 and 2022, it turned profitable in 2023 with a profit of ₹353.74 lakhs. This suggests the potential for generating profits. Return on Net Worth (RoNW): RoNW has shown significant improvement, rising from 6.08% in 2021 to 21.86% in 2023.
Related Articles. Home. IPO. Goyal Salt Limited. Goyal Salt Ltd IPO. Sector: FMCG. Offer Period : 26th to 3rd Oct 2023. Invest Now. View Allotment. Pre-Apply for Upcoming IPOs* Apply Now. Established in 2010, Goyal Salt Limited, based in Rajasthan, refines raw salts for industrial and edible purposes.
Sep 26, 2023 · Goyal Salt IPO Subscription Status. Goyal Salt IPO has received stellar demand from investors as the public issue has been oversubscribed within hours of opening.
Sep 23, 2023 · The Goyal Salt IPO will list on Wednesday, October 11, 2023, at NSE SME. Though the company is operating in a highly competitive and fragmented segment. It posted static bottom lines for FY21 and FY22, but its bottom line surged.
Failure to obtain the requisite approvals result in non-compliance and therefore, affect its business operations, financial condition, result of operations and prospects. The company may not have sufficient insurance coverage to cover all possible losses.
