Galactico Corporate Services Ltd

About the Company:

Galactico Corporate Services is a diversified financial services company in India, carrying out the business of management of fund raising activities, investment advisory, underwriting of issues, manager, consultant or adviser to any issue including corporate advisory services and as consultant or adviser.

Company is primarily focused on providing such services to small and midsized enterprises (SMEs).

Company has registered Office and Head Office situated at Nasik, and also provides services from our branch offices situated in Jalgaon, Jaipur and Mumbai.


Company’s Subsidiaries:

Company has two wholly owned subsidiaries – namely- Seven Hills Beverages Limited (“Seven Hills”) and Instant Finserve Private Limited (“Instant Finserve”)

Company also have one indirect subsidiary Palwe Pest Control Private Limited (“Palwe Pest Control”) which is a subsidiary of Seven Hills Beverages Limited. Seven Hills is presently engaged in the business of manufacturing of packaged drinking water.

Instant Finserve is presently engaged in financial consultancy and debt finance related businesses. Palwe Pest Control is engaged in the business of providing pest control related products and services.


Expanding Merchant Banking Activities:

Currently company has business revenue verticals, which are professional fees for advisory services, and interest income.

Company has recently been registered with SEBI as category I Merchant Banker to venture in to Merchant Banking Activities as a SEBI Registered Merchant Banker. Opening up of new listing platform in the form of SME segment can be taken as a great opportunity for merchant bankers and underwrites.


Management Team:

  1. Mr. Vipul Lathi (Designation: Managing Director)
  2. Mr. Suyash Chhajed (Designation: Non Executive Non Independent Director)


Objectives of the Issue:

  • Repayment of Unsecured loans
  • Funding expenditure for General Corporate Purposes


Financials of the Company:

(in Crores) FY 18 FY 19
Revenue 16.53 19.19
Net Profit 1.35 1.42


IPO Details:

Details Info
Issue Opens on 24th September 2019
Issue Closes on:. 27th September 2019
Issue Price Rs.23
Face Value Rs.10
Minimum Lot 6000
Minimum Investment Rs.1,38,000
Issue Constitutes 28.06%
Issue Size Rs.3.69 cr
Market Cap Rs.13.18 cr
Listing at BSE SME
Equity Shares Offered 16,08,000
Equity Shares Prior to the issue 54,31,205
Equity Shares after the issue 57,31,205


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
2.14 10.74 7.64% 28.03


Check IPO Allotment Status:

Bigshare Website (Click on the below Link)


Company Contact Info:
Galactico Corporate Services Ltd
2nd Floor, Shree Gurudeo Tower,
Above Shirpur Co-Op Bank Ltd,
Canada Corner, Nashik – 422 005.
Tel No: +91 – 253 – 231 9714


IPO Registrar Info:
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel: +91 – 22 – 6263 8200


Lead Manager to the Issue:
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Tel No.: +91 – 22 – 6216 6999