The Goyal Salt IPO minimum market lot is 3000 with ₹114,000 application amount. The IPO is an NSE SME IPO, and it will list on NSE.
Goyal Salt is primarily engaged in the business of refining raw salts procured from sub-soil brine in the state of Rajasthan for use as industrial salts and edible salts. The company refines and supplies a pure, refined, and quality range of triple-refined free-flow iodized salt, industrial salt, double-fortified salt, and triple-refined half-dry salt. Their refining process does not involve any adulteration from chemicals and harmful substances. They have well well-equipped refinery at Nawa City, adjacent to the famous Sambhar Lake. In addition to the refinery, they also have lease rights to harvest raw salt over 18.66 Hectare of land issued by the Government of Rajasthan in the vicinity of salt producing area of Nawa City in Rajasthan. Their refinery complex area is situated in Nawa City having a total area of 1.45 Hectares of land and has dedicated space for the refining of salts, storage of raw salts procured from sub-soil brine, and packaging of refined salts. They have a team of well-qualified and dedicated technical manpower for quality control, production, efficiency, maintenance, research and maintenance, finance, and accounting.
IPOWatch View
We recommend investors may apply an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Goyal Salt IPO Subscription Status – Day 5
| Category | IPO Subscription Numbers |
| QIB | 67.20 |
| NII | 382.45 |
| RII | 377.97 |
| Total | 294.61 |
Goyal Salt IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Goyal Salt IPO Review
- May Apply
Goyal Salt IPO Form
How to apply for the Goyal Salt IPO? You can apply for Goyal Salt IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Goyal Salt IPO in the Invest section. The other option is you can apply for Goyal Salt IPO via IPO forms downloaded via NSE. Check out the Goyal Salt forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
