Check with seller Goyal Salt LTD IPO Lucknow City
- Location: Lucknow City, Lucknow City, Uttarpradesh, India
Goyal Salt primarily sources its raw materials from open market purchases, constituting approximately 75% of its total raw salt requirements. The remaining 23% and 2% are sourced from entities controlled by its promoters and salt land harvesting, respectively.
The company packages its refined salt in half-kilogram and one-kilogram sizes for household consumption, as well as in fifty-kilogram bags and jumbo bags for industrial applications.
The demand for industrial salt remains high, given its diverse uses in industries such as soap and detergent manufacturing, textiles, dyeing, glass production, polyester, plastics, rubber, leather, and the chemical industry.
In the fiscal year 2022-23, Goyal Salt Limited achieved a revenue of Rs. 6,005.30 lakhs.
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