The Galaxy Surfactants date has been confirmed from January 29 and ended on January 31
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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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 is ₹[0].
IPO Overview
Galaxy Surfactants IPO is a book built issue of Rs 937.09 crores.
Galaxy Surfactants IPO bidding started from January 29, 2018 and ended on January 31, 2018. The allotment for Galaxy Surfactants IPO was finalized on Monday, February 5, 2018. The shares got listed on BSE, NSE on February 8, 2018.
Galaxy Surfactants IPO price band is set at ₹1470 to ₹1480 per share. The minimum lot size for an application is 10 Shares. The minimum amount of investment required by retail investors is ₹14,800.
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 | galaxy.ipo@linkintime.co.in |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | Galaxy Surfactants Limited |
| Phone number | +91 22 2761 6666 |
| Email ID | investorservices@galaxysurfactants.com |
| Website | http://www.galaxysurfactants.com/ |
IPO Strenghts
- 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.
