• The company is engaged in diversified financial services in India.
• It marked growth in its top and bottom lines for the reported periods.
• The earnings do not match the asking price.
• It is operating in a highly competitive segment.
• Only well-informed/cash surplus/risk seekers may park moderate funds for long term.
ABOUT COMPANY:
Galactico Corporate Services Ltd., (GCSL) 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. It is registered as SEBI Category-I Merchant Banker having Registration Code INM000012519. GCSL’s motto is to achieve excellence across a range of financial services like: Advisory in IPO, Merger & Acquisitions, Debt Syndications, Takeovers, Valuations, Strategic & General Corporate Advice and Business Modeling, etc. It is primarily focused on providing such services to small and midsized enterprises (SMEs).
The Company was originally incorporated as “Amigos Trading and Commerce Private Limited” on June 15, 2015 under the provisions of Companies Act, 2013. Pursuant to a Special Resolution of Shareholders passed at Extra- Ordinary General Meeting dated December 30, 2016, Company’s main object was altered and consequently CIN was changed to U74110MH2015PTC265578. Subsequently, a fresh certificate of incorporation consequent upon change of name of the Company to “Galactico Corporate Services Private Limited” dated April 04, 2017 was issued by ROC, Mumbai. Further, pursuant to conversion of the Company to a Public Limited Company, a fresh certificate of incorporation was issued by ROC, Mumbai on November 06, 2018 for “Galactico Corporate Services Limited” bearing CIN L74110MH2015PLC265578.
With over a decade of expertise as a SEBI-registered Merchant Banker, Galactico Corporate Services Limited has built its reputation on delivering trusted corporate advisory and capital market solutions. The Company provides a wide spectrum of services including IPO Lead Management (with a strong focus on SME listings), Mergers & Acquisitions, Corporate Restructuring, Valuations, Secretarial and Compliance Advisory, and Fundraising support. Leveraging innovation, regulatory knowledge, and client-centric execution, we play a pivotal role in enabling small, medium, and emerging enterprises to access growth capital and strengthen their governance.
The Company as on the date of Letter of Offer has Three subsidiaries – namely- Seven Hills Beverages Limited (“Seven Hills”), and Instant FinServ Private Limited (“Instant Finserve”) and it 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. Galactico Visionary Consulting Limited is engaged in the business of providing all types of consultancies, advisory and professional services.
As on the date of this offer document, it had 10 employees on its payroll.
ISSUE DETAILS:
The company is coming out with its Rights Issue (RI) of 34272605 equity shares of Re. 1 each at a fixed price of Rs. 1.75 per share to mobilize Rs. 6.00 cr. The RI has opened for subscription on February 11, 2026, and will close on February 23, 2026. The company is offering RI in the ratio of 23 for 100 to its eligible stakeholders as of the record date of January 31, 2026. The company is asking for full payment on application for the number of shares applied. Post allotment, RI shares will be listed on BSE SME. The company is spending Rs. 0.17 cr. for this RI process, and from the net proceeds, it will utilize Rs. 5.50 cr. for investment in subsidiary, and Rs. 0.34 cr. for general corporate purposes.
The offer document has few lapses, it is not clear on the total amount spending for investment in subsidiary, in fact, it is clearing promoters’ debt amounting to the tune of Rs. 5.50 cr. As per the fund mobilization data the company is raising net Rs. 5.84 cr. whereas the investment in subsidiary is shown at Rs. 6.00 cr. (Refer page 49 of the offer document).
The RI is solely lead managed by the company itself., and Bigshare Services Pvt. Ltd. is the registrar to the issue.
Post-RI, company’s current paid-up equity capital of Rs. 14.90 cr. (149011330 equity shares) will stand enhanced to Rs. 18.33 cr. (183283935 equity shares). Based on the RI pricing, the company is looking for a market cap of Rs. 32.07 cr.
FINANCIAL PERFORMANCE:
On the financial performance front, for the last two fiscals, the company has (on a consolidated basis) posted total income / net profit, of Rs. 24.68 cr. / Rs. 1.16 cr. (FY24), Rs. 28.65 cr. / Rs. 2.37 cr. (FY25). For H1 of FY26 ended on September 30, 2025, it earned a net profit of Rs. 0.89 cr. on a total income of Rs. 13.59 cr. Its NAV stood at Rs. 2.76 as of September 30, 2025.
The offer document has blurred data for its financial performances for the reported periods.
DIVIDEND POLICY:
The company has not paid any dividends for the reported periods. It will adopt a prudent dividend policy, based on its financial performance and future prospects. The offer document is silent on its dividend policy.
SCRIP PERFORMANCE: BASED ON BSE WEBSITE DATA: SCRIP CODE: 542802 (FV Re. 1).
The scrip last closed on cum-right basis at Rs. 1.98 on January 29, 2026, and opened on an ex-right basis at Rs. 1.96 on January 30, 2026. Since then, it has marked a high/low of Rs. 2.10 / Rs. 1.88. The scrip last closed at Rs. 1.95 as of February 09, 2026. For the last 52 weeks’ it has posted a high/low of Rs. 3.06 / Rs. 1.54.
The promoters’ holding has declined to NIL for the quarter ended December 31, 2025, against 34.31% for previous two quarters ended September 30, 2025. The counter is currently managed and trading above the RI price.
Conclusion / Investment Strategy
GCSL is engaged in diversified financial services in India. It marked growth in its top and bottom lines for the reported periods. The earnings do not match the asking price. It is operating in a highly competitive segment. Only well-informed/cash surplus/risk seekers may park moderate funds for long term.
