The Galaxy Surfactants IPO date has been confirmed from January 29 and ended on January 31. Read the post to learn about Galaxy Surfactants IPO GMP.
Galaxy Surfactants has an IPO that will begin on January 29th. In the past, the pricing range was roughly 325-340, however it has recently been changed to 1470-1490.
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Key Details Of Galaxy Surfactants IPO
Bidding Dates
January 29- 31
Price Range
₹1470 to ₹1480 per share
Face Value
₹10 per share
GMP
Coming Soon
Galaxy Surfactants GMP
The Galaxy Surfactants IPO GMP Today is ₹[0].
Galaxy Surfactants IPO Overview
Galalaxy Surfactants has taken to the marketplace with an IPO worth Rs 937.09 crores.
The applicability period of GSS IPO started from the date 29th January 2018 to end on January 31st 2018. On Monday, February 5th, we were supposed to receive our allotment for the IPO of Galaxy Surfactants Company. The shares that got listed on BSE and NSE on Feb 8, 2018, became tradable on the exchange.
The pricing bands of shares for GSEC IPO is set to be ₹1470-₹1480 per share. In a bid to be accessible and fair to all our potential investors, the minimum lot size for an application is 10 Shares. The present investment of small investors is ₹14,800 as minimum amount.
Galaxy Surfactants IPO GMP Live Rates Day By Day With Kotak Rates
- Grey market premium as on today at Rs.65-70 with Kostak at Rs.N/A
- Grey market premium as on 06-02-2018 Rs.65-70 with Kostak at Rs.N/A
- Grey market premium as on 05-02-2018 Rs.65-70 with Kostak at Rs.N/A
- Grey market premium as on 02-02-2018 Rs.90-100 with Kostak at Rs.N/A
- Grey market premium as on 01-02-2018 Rs.75-80 with Kostak at Rs.N/A
- Grey market premium as on 31-01-2018 Rs.180-200 with Kostak at Rs.N/A
- Grey market premium as on 30-01-2018 Rs.300-320 with Kostak at Rs.N/A
- Grey market premium as on 29-01-2018 Rs.300-320 with Kostak at Rs.N/A
- Grey market premium as on 28-01-2018 Rs.425-450 with Kostak at Rs.450-500
- Grey market premium as on 27-01-2018 Rs.425-450 with Kostak at Rs.450-500
- Grey market premium as on 26-01-2018 Rs.425-450 with Kostak at Rs.450-500
- Grey market premium as on 25-01-2018 Rs.520-530 with Kostak at Rs.500-550
- Grey market premium as on 24-01-2018 Rs.520-530 with Kostak at Rs.500-550
- Grey market premium as on 23-01-2018 Rs.520-530 with Kostak at Rs.500-550
- Grey market premium as on 22-01-2018 Rs.520-530 with Kostak at Rs.500-550
- Grey market premium as on 21-01-2018 Rs.520-530 with Kostak at Rs.500-550
- Grey market premium as on 20-01-2018 Rs.N/A with Kostak at Rs.N/A
- Grey market premium as on 19-01-2018 Rs.N/A with Kostak at Rs.N/A
- Grey market premium as on 18-01-2018 Rs.N/A with Kostak at Rs.N/A
Galaxy Surfactants IPO Date & Price Band Details
| IPO Date | January 29, 2018 to January 31, 2018 |
| Listing Date | February 8, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹1470 to ₹1480 per share |
| Lot Size | 10 Shares |
| Total Issue Size | 6,331,674 shares (aggregating up to ₹937.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Galaxy Surfactants IPO Market Lot
Investors can bid for a minimum of 10 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 10 | ₹14,800 |
| Retail (Max) | 13 | 130 | ₹192,400 |
Galaxy Surfactants IPO Allotment & Listing Dates
Galaxy Surfactants IPO opens on January 29, 2018, and closes on January 31, 2018.
| IPO Open Date | Monday, January 29, 2018 |
| IPO Close Date | Wednesday, January 31, 2018 |
| Basis of Allotment | Monday, February 5, 2018 |
| Initiation of Refunds | Tuesday, February 6, 2018 |
| Credit of Shares to Demat | Wednesday, February 7, 2018 |
| Listing Date | Thursday, February 8, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 31, 2018 |
Galaxy Surfactants Company Finncial Report
| Particulars | For the year/period ended (in Rs. million) | |||||
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 12,853.83 | 11,092.34 | 10,602.19 | 10,240.81 | 9,556.85 | |
| Total Revenue | 21,717.00 | 18,087.55 | 18,760.26 | 17,015.78 | 15,822.68 | |
| Profit After Tax | 1,463.06 | 1,027.18 | 674.56 | 759.97 | 2.78 | |
Galaxy Surfactants IPO Reservation
Galaxy Surfactants IPO offers 4,432,174 shares. 1,266,336 (28.57%) to QIB, 949,752 (21.43%) to NII, 2,216,086 (50.00%) to RII. 221,608 RIIs will receive minimum 10 shares and (sNII) and (bNII) will receive minimum 140 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 1,266,336 (28.57%) | NA |
| NII (HNI) Shares Offered | 949,752 (21.43%) | |
| Retail Shares Offered | 2,216,086 (50.00%) | 221,608 |
| Total Shares Offered | 4,432,174 (100%) |
Company Profile
Incorporated in 1986, Galaxy Surfactants Limited is a Mumbai, India-based manufacturer of surfactants and other speciality ingredients for the personal care and home care industries. The company’s ingredients are commonly used in consumer-centric personal care and home care products like skin care, oral care, hair care, cosmetics, toiletries and detergent products. Galaxy Surfactant’s product portfolio includes over 200 product grades marketed to over 1,700 customers in 70 countries. Galaxy Surfactants Ltd. (GSL), founded in 1980, is one of the leading organisations in India, manufacturing Performance Products and Specialty Chemicals for the Personal and Home Care Industry. Our products cater to some of the largest global brands in the FMCG sector and find applications in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care segments.
We provide over 100 products (and product variants) to over 1000 customers across the globe. We have six manufacturing sites in India, one in Egypt and one in the USA. Our Corporate office is located in Navi Mumbai, India. Sales offices are in Chennai and New Delhi in India, Denville, New Jersey in the USA, Eindhoven in the Netherlands, Bogota in Colombia and Istanbul in Turkey.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | Galaxy Surfactants Limited |
| Phone number | +91 22 2761 6666 |
| Email ID | [email protected] |
| Website | http://www.galaxysurfactants.com/ |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Galaxy Surfactants FAQs
When Galaxy Surfactants IPO will open?
The Galaxy Surfactants IPO opens on January 29, 2018 and closes on January 31, 2018.
What is the lot size of Galaxy Surfactants IPO?
Galaxy Surfactants IPO lot size is 10 Shares, and the minimum amount required is ₹14,800.
When is Galaxy Surfactants IPO allotment?
The finalization of Basis of Allotment for Galaxy Surfactants IPO will be done on Monday, February 5, 2018, and the allotted shares will be credited to your demat account by Wednesday, February 7, 2018.
When is Galaxy Surfactants IPO listing date?
The Galaxy Surfactants IPO listing date is on February 8, 2018.
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