Galaxy Surfactants IPO Details

Bookbuilding IPO | ₹202 Cr | Listing at BSE, NSE | Fri, May 13, 2011 - Thu, May 19, 2011

Galaxy Surfactants IPO Logo

Galaxy Surfactants IPO is a book build issue of ₹201.62 crores. The issue is entirely a fresh issue of 0.59 crore shares of ₹201.62 crore.

Galaxy Surfactants IPO bidding started from May 13, 2011 and ended on May 19, 2011.

Galaxy Surfactants IPO is set final issue price at ₹0 per share. The lot size for an application is 20 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,800 (20 shares) (based on upper price). The lot size investment for sNII is 30 lots (600 shares), amounting to ₹2,04,000, and for bNII, it is 148 lots (2,960 shares), amounting to ₹10,06,400.

Centrum Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Galaxy Surfactants IPO RHP for detailed Information.

IPO Open

Fri, May 13, 2011

IPO Close

Thu, May 19, 2011

Price Band

₹325 to ₹340

Market Cap (Pre-IPO)

₹0.00 Cr

IPO Details

IPO Date13 to 19 May, 2011
Listing Date[.]
Face Value10 per share
Price Band₹325 to ₹340
Lot Size20 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size59,30,000 shares
(agg. up to ₹202 Cr)
Fresh Issue 59,30,000 shares
(agg. up to ₹202 Cr)
Share Holding Pre Issue1,77,27,376 shares
Share Holding Post Issue2,36,57,376 shares

IPO Timetable (Tentative)

Issue Reservation

Galaxy Surfactants IPO comprises a total issue size of 50,40,500 shares. Out of which, 20,75,500 are allocated to QIB, 8,89,500 (17.65%) allocated to NII 20,75,500 (41.18%) allocated to RII.

Investor Category Shares Offered % of Total Issue Max Allottees
QIB Shares Offered 20,75,500NA
  − QIB (Ex. Anchor) Shares Offered 20,75,500NA
NII (HNI) Shares Offered 8,89,50017.65%NA
Retail Shares Offered 20,75,50041.18%1,03,775
Total Shares Offered 50,40,500100.00%

IPO Lot Size

Investors can bid for a minimum of 20 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 20 ₹6,800
Retail (Max) 29 580 ₹1,97,200
S-HNI (Min) 30 600 ₹2,04,000
S-HNI (Max) 147 2,940 ₹9,99,600
B-HNI (Min) 148 2,960 ₹10,06,400
IPO Subscription Details

About Galaxy Surfactants Ltd.

Incorporated in 1980, Galaxy Surfactants Ltd is in the business of manufacturers and marketers of surfactants and specialty chemicals in India for the Personal and Home Care industry. Galaxy Surfactants produce a range of cosmetic ingredients including active ingredients, UV protection and functional products. Company's products used by many large FMCG companies in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care products.

Company's product portfolio has 66 products and its sales spread over 70 countries around the world. Galaxy Surfactants is a certified supplier and preferred vendor for leading companies in the field of personal and home care. Company's global customer includes Beiersdorf, Colgate Palmolive, Ecolab, Henkel, Diversey, L'Oreal, Reckitt Benckiser and Unilever. Galaxy domestic customers include Ayur, CavinKare, Dabur, Emami, ITC, Marico, Procter & Gamble and many more.

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Key Performance Indicator (KPI)

KPI
RoNW19.77%
Pre IPOPost IPO
Promoter Holding76.98%70.92%
Market Cap0.00 Cr.
The promoters of the company are:
1. Mr. Unnathan Shekhar, aged 56 years, is the Managing Director of the Company.
2. Mr. Gopalkrishnan Ramakrishnan, aged 56 years, is the Whole time Director of the Company.
3. Mr. Shashikant Rayappa Shanbhag, aged 56 years, is the Whole time Director of the Company.
4. Mr. Sudhir Dattaram Patil, aged 55 years, is the Non-Executive and Non-Independent Director of the Company.

Galaxy Surfactants IPO IPO Subscription Status (Bidding Detail)

The Galaxy Surfactants IPO IPO subscription status. Full data available on IPOMatrix.com.

Category Subscription (times) Shares Offered Shares bid for
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Galaxy Surfactants IPO Grading / IPO Rating

CRISIL has assigned an IPO Grade 4 to Galaxy Surfactants IPO. This means as per CRISIL, company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Galaxy Surfactants Ltd.

IPO Notices

External Link

Galaxy Surfactants IPO Withdrawn

NSE Website Alert posted on 18th May 2011

Book Running Lead Manager to the issue has informed the Exchange that the Book Building issue of GALAXY SURFACTANTS LIMITED has been withdrawn.

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Galaxy Surfactants Ltd. Address
C-49/2 TTC Industrial Area,
Pawne,
Navi Mumbai, Maharashtra, 400703
Open an Instant Account with Zerodha

IPO FAQs

Galaxy Surfactants IPO is a main-board IPO of 59,30,000 equity shares of the face value of ₹10 aggregating up to ₹202 Crores. The issue is priced at ₹325 to ₹340. The minimum order quantity is 20.

The IPO opens on Fri, May 13, 2011, and closes on Thu, May 19, 2011.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Galaxy Surfactants IPO using UPI as a payment gateway. Zerodha customers can apply in Galaxy Surfactants IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Galaxy Surfactants IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Galaxy Surfactants IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Galaxy Surfactants IPO opens on Fri, May 13, 2011 and closes on Thu, May 19, 2011.

Galaxy Surfactants IPO lot size is 20, and the minimum amount required for application is ₹6,800.

You can apply in Galaxy Surfactants IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Galaxy Surfactants IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Galaxy Surfactants IPO allotment status.

The Galaxy Surfactants IPO listing date is not yet announced. The tentative date of listing is .

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