Goyal Salt IPO Subscription Status – IPO Closed

Goyal Salt IPO subscription status started on Tuesday, September 26, 2023 and will close on October 3, 2023. Goyal Salt IPO to raise around ₹18.63 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹36 to ₹38 per equity share.

Goyal Salt IPO

Table of Contents

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

CategoryIPO Subscription Numbers
QIB67.20
NII382.45
RII377.97
Total294.61


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.

Goyal Salt IPO Subscription Status FAQs:


When Goyal Salt IPO Subscription will start?

The IPO subscription starts on September 26, 2023 for NII, and Retail Investors.

How to subscribe Goyal Salt IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Goyal Salt IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Goyal Salt IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Goyal Salt”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Goyal Salt IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Goyal Salt”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Goyal Salt IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Goyal Salt” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Goyal Salt IPO Allotment Date?

Goyal Salt IPO allotment date is October 5, 2023.

What is the Goyal Salt IPO Listing Date?

Goyal Salt IPO listing date is October 10, 2023. The IPO is to list on NSE.

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