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Galaxy Surfactants Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹1,480
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,480
Expected Price
Min. Application
₹29,600
2 lots × 10 shares
IPO Issue Details
Issue Price / Price Band₹1,480 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10 Shares per Lot
Total Issue Size63,31,674 shares (aggregating up to ₹937.09 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 29 Jan 2018
Subscription CloseWed, 31 Jan 2018
Anchor AllotmentThu, 25 Jan 2018
Basis of AllotmentMon, 05 Feb 2018
Initiation of RefundsTue, 06 Feb 2018
Credit of Shares to DematWed, 07 Feb 2018
Listing DateThu, 08 Feb 2018
UPI Mandate Deadline2018-01-31
Application & Investment Details
Retail — Min (1 Lots)₹14,800 — 10 shares
Retail — Max (13 Lots)₹192,400 (13 Lots)
HNI — Min (14 Lots)₹2,07,200 — 140 shares
Pre-IPO Promoter Holding3,54,54,752 shares
Post-IPO Promoter Holding3,54,54,752 shares
About Galaxy Surfactants Ltd.

Incorporated in 1986, Galaxy Surfactants Limited is Mumbai, India based manufacturer of surfactants and other specialty ingredients for the personal care and home care industries. The ingredients company manufacture 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 surfactants product portfolio includes over 200 product grades, which are marketed to over 1,700 customers in 70 countries.Galaxy surfactants products are classified in 2 categories:1. Performance Surfactants: This includes anionic surfactants and non-ionic surfactants.2. Speciality Care Products: This includes amphoteric surfactants, cationic surfactants, UV filters, preservatives, preservative blends and surfactant blends, speciality ingredients such as mild surfactants, syndet and transparent bathing bars and proteins, fatty alkanolamides and fatty acid esters, and other care products.Galaxy surfactants is leading manufacturer of these ingredients. Almost all major FMCG companies in India are Galaxy surfactants customers. This includes Cavinkare Private Limited, Colgate-Palmolive (India) Limited, Dabur India Limited, Henkel, Himalaya, LOREAL, Procter & Gamble Home Products Private Limited, Reckitt Benckiser and Unilever.Company has 7 manufacturing facilities, out of which 5 are located in India and 2 are located overseas. Company has over 1,200 employees.

Objects of the Issue (Standard — DRHP pending)

Galaxy Surfactants Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding 3,54,54,752 shares
Post-IPO Promoter Holding 3,54,54,752 shares
Lock-in Period (30%)March 7, 2018
Lock-in Period (50%)May 6, 2018
Check AllotmentCheck Status →
Galaxy Surfactants Ltd. — Live Price LIVE
₹1,480.00
INR · BSE
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Issue ₹1,480.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹1,480
GMPNIL
Est. Listing₹1,480
Lot Size10 shares
Min Amount₹29,600
Listing Date08 Feb 2018
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹1,480
Listing Date08 Feb 2018
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 6,331,674 100.00% ₹937.09 Cr
* Based on ₹1,480.00 (upper price band)
Lot Size & Investment Details
Lot Size
10
Shares
Issue Price
₹1,480.00
Per Share
Min Investment
₹14,800
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 10 ₹14,800
Retail (Max) 13 130 ₹192,400
sNII (Min) 14 140 ₹207,200
bNII (Min) 68 680 ₹1,006,400
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 2171.70 1808.76 1876.03
EBITDA N/A N/A N/A
Profit After Tax (PAT) 146.31 102.72 67.46
Net Worth N/A N/A N/A
Total Assets 1285.38 1109.23 1060.22
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹1,480
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Galaxy Surfactants Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
C-49/2, TTC Industrial Area, Pawne, Navi Mumbai - 400 703 Navi Mumbai, Maharashtra
Book Running Lead Managers
Edelweiss Financial Services Ltd.
Book Running Lead Manager (BRLM)
ICICI Securities Ltd.
Book Running Lead Manager (BRLM)
JM Financial Ltd.
Book Running Lead Manager (BRLM)