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15 Days Price Change

Goyal Salt IPO

Closing In

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Profile
Issue Size --
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Price Range 36  to  38 per share
Profile
Min Investment ₹38
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Goyal Salt Ltd is a renowned company in the salt manufacturing industry, with a rich history spanning several decades. Founded on principles of quality and innovation, the company has consistently delivered top-notch salt products to meet diverse consumer and industrial needs. Specializing in the production of table salt, industrial salt, and various salt-based chemicals, Goyal Salt Ltd has carved a niche for itself in the market. Their state-of-the-art manufacturing facilities adhere to stringent quality control measures, ensuring purity and excellence in every batch of salt produced. Committed to sustainability, Goyal Salt Ltd places a strong emphasis on eco-friendly production practices and responsible sourcing of raw materials. Their dedication to customer satisfaction, combined with a strong ethical foundation, has established them as a trusted name in the salt industry, serving both domestic and international markets. Read More

Basic Info

Face Value 10 per share

Price 36  to  38 per share

P/E (x) 5.1

Sales( Cr.) 130

PAT( Cr.) 13

EPS 7.4

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Mr. Rajesh Goyal Mr. Pramesh Goyal Mr. Lokesh Goyal Ms. Radhika Goyal

Pre Issue Share Holding 100%

Post Issue Share Holding --%

Listing Details:

Listing Price: 130

Listing Gain: 70.77%

Current Price: 128

Gain On Issue: 128 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 26, 2023
Closing Date Sep 29, 2023
Allotment Oct 02, 2023
Refund Oct 03, 2023
Delivery of Shares Oct 03, 2023
Listing Date Oct 04, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 114,000
Retail (Max) 1 3000 114,000
S-HNI (Min) 2 6000 228,000
S-HNI (Max) 8 24000 912,000
B-HNI (Min) 9 27000 1,026,000

Objective of the Issue

1. Capital Expenditure for Quality Enhancement 2. Brand Creation and Marketing Expenses 3. Funding the working capital requirements of the company 4. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 0 0x
Retail 0 0 0x
EMP 0 0 0x
Total 4902000 1444178220 294.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Goyal Salt Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 60 66 118 118 130
Other Income 0 0 0 6 7
Total Income 60 66 118 124 137
Total Expenditure 57 63 111 110 118
Operating Profit 3 3 7 14 19
Interest 1 1 1 1 1
Depreciation 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 1 1 5 12 17
Provision for Tax 0 0 1 3 4
Profit After Tax 1 1 4 9 13
Adjustments 0 0 0 0 0
Profit After Adjustments 1 1 4 9 13
Adjusted Earnings Per Share 0.6 0.5 2.7 5.3 7.4

Goyal Salt Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 11 12 16 42 56
Minority's Interest 0 0 0 0 0
Borrowings 1 1 0 0 15
Other Non-Current Liabilities -0 0 0 0 0
Total Current Liabilities 15 14 14 11 15
Total Liabilities 27 27 30 53 85
Fixed Assets 5 6 6 10 12
Other Non-Current Assets 1 0 2 14 38
Total Current Assets 22 21 23 29 34
Total Assets 27 27 30 53 85

Goyal Salt Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0
Cash Flow from Operating Activities -4 5 -2 5 12
Cash Flow from Investing Activities -1 -1 -2 -17 -27
Cash Flow from Financing Activities 5 -3 4 12 15
Net Cash Inflow / Outflow -0 -0 0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0

Goyal Salt Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.57 0.52 2.72 5.28 7.4
CEPS(Rs) 1.28 1.27 3.4 5.85 8.22
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 9.37 9.76 12.47 23.58 30.36
Core EBITDA Margin(%) 4.7 4.49 5.72 6.34 9.19
EBIT Margin(%) 3.42 3.19 5.03 10.85 13.77
Pre Tax Margin(%) 1.55 1.64 4.12 10.24 13.31
PAT Margin (%) 1.13 0.95 3.01 8.03 10.19
Cash Profit Margin (%) 2.54 2.31 3.76 8.9 11.32
ROA(%) 2.5 2.3 12.34 22.75 19.17
ROE(%) 6.08 5.48 25.36 32.37 27.44
ROCE(%) 8.49 9.09 24.8 34.92 28.98
Receivable days 83.37 77.19 46.25 53.21 47.62
Inventory Days 29.11 27.5 15.08 14.42 26.09
Payable days 30.45 32.9 15.52 10.47 9.77
PER(x) 0 0 0 30.39 21.03
Price/Book(x) 0 0 0 6.81 5.13
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.25 0.19 0.17 2.48 2.3
EV/Core EBITDA(x) 5.09 4.13 2.91 21.21 15.47
Net Sales Growth(%) 0 10.09 77.95 0.09 10.38
EBIT Growth(%) 0 2.76 180.08 115.92 40.16
PAT Growth(%) 0 -7.92 463.75 167.23 40.13
EPS Growth(%) 0 -7.92 419.35 94.05 40.13
Debt/Equity(x) 1.16 0.91 0.57 0.13 0.39
Current Ratio(x) 1.43 1.49 1.67 2.7 2.34
Quick Ratio(x) 1.12 1.13 1.33 2.25 1.4
Interest Cover(x) 1.83 2.06 5.54 17.77 30.18
Total Debt/Mcap(x) 0 0 0 0.02 0.08

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 10% 25% 0% 0%
Operating Profit CAGR 36% 85% 0% 0%
PAT CAGR 44% 135% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -30% NA% NA% NA%
ROE Average 27% 28% 19% 19%
ROCE Average 29% 30% 21% 21%

Company Contact Information

Goyal Salt Ltd.

Plot No. 229-230, Guru Jambeshwar Nagar Lane No. 7 Gandhi Path Vaishali Nagar

IPO Lead Manager(s)

Goyal Salt Ltd.

Holani Consultants Pvt Ltd.

Registrar Info

Goyal Salt Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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