Galaxy Surfactants Limited IPO (Galaxy Surfactants IPO) Detail

Jan 29, 2018 - Jan 31, 2018

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.

Company Financials

Summary of financial Information (Restated Consolidated)
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

Objects of the Issue

The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and the sale of Equity Shares by the Selling Shareholders.

Galaxy Surfactants IPO Details

Galaxy Surfactants IPO Date Jan 29, 2018 to Jan 31, 2018
Galaxy Surfactants IPO Face Value ₹10 per share
Galaxy Surfactants IPO Price ₹1470 to ₹1480 per share
Galaxy Surfactants IPO Lot Size 10 Shares
Issue Size6,331,674 shares of ₹10
(aggregating up to ₹937.09 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

Mr. Unnathan Shekhar, Mr. Gopalkrishnan Ramakrishnan, Mr. Shashikant Shanbhag and Mr. Sudhir Dattaram
Patil are the Promoters of the Company.

Galaxy Surfactants IPO Timeline (Tentative Timetable)

Galaxy Surfactants IPO opens on Jan 29, 2018, and closes on Jan 31, 2018. The Galaxy Surfactants IPO bid date is from Jan 29, 2018 10.00 A.M. to Jan 31, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Galaxy Surfactants IPO Opening Date Jan 29, 2018
Galaxy Surfactants IPO Closing Date Jan 31, 2018
Basis of Allotment Feb 5, 2018
Initiation of Refunds Feb 6, 2018
Credit of Shares to Demat Feb 7, 2018
Galaxy Surfactants IPO Listing Date Feb 8, 2018

Galaxy Surfactants IPO Lot Size

The Galaxy Surfactants IPO lot size is 10 shares. A retail-individual investor can apply for up to 13 lots (130 shares or ₹192,400).

Application Lots Shares Amount
Retail (Min) 1 10 ₹14,800
Retail (Max) 13 130 ₹192,400

Galaxy Surfactants IPO Review

With the widest range of grades, the company enjoys virtual monopoly in the segment and it poised for bright prospects ahead as personal care/home care products market is going to widen. Being the first mover in the segment, company will gain fancy post listing. Investment may be considered for short to long term. (Subscribe). Read detail review...

Galaxy Surfactants IPO Subscription Status (Bidding Detail)

The Galaxy Surfactants IPO is subscribed 19.96 times on Jan 31, 2018 5:00:00 PM. The public issue subscribed 5.92 times in the retail category, 54.27 times in the QIB category, and 6.96 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Galaxy Surfactants IPO Prospectus

Galaxy Surfactants IPO Rating

Rating:Rated 3.8 stars
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Galaxy Surfactants IPO Listing Date

Listing Date Thursday, February 8, 2018
BSE Script Code 540935
Listing In B Group of Securities
ISIN INE600K01018
IPO Price ₹1480 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Galaxy Surfactants Limited
C-49/2, TTC Industrial Area,
Navi Mumbai - 400 703
Phone: +91 22 2761 6666

Galaxy Surfactants IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Galaxy Surfactants IPO Review

Galaxy Surfactants IPO Recommendation Summary

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Galaxy Surfactants IPO FAQs

Galaxy Surfactants IPO is a main-board IPO of 6,331,674 equity shares of the face value of ₹10 aggregating up to ₹937.09 Crores. The issue is priced at ₹1470 to ₹1480 per share. The minimum order quantity is 10 Shares.

The IPO opens on Jan 29, 2018, and closes on Jan 31, 2018.

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

The Galaxy Surfactants IPO opens on Jan 29, 2018 and closes on Jan 31, 2018.

Galaxy Surfactants IPO lot size is 10 Shares and the minimum order quantity is .

You can apply in Galaxy Surfactants IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Galaxy Surfactants IPO will be done on Feb 5, 2018, and the allotted shares will be credited to your demat account by Feb 7, 2018. Check the Galaxy Surfactants IPO allotment status.

The Galaxy Surfactants IPO listing date is on Thursday, February 8, 2018.
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Galaxy Surfactants IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



766. BHANU PRATAP SINGH CHAUHAN |   Link |Mar 1, 2018 11:54:03 AM
Order Date & Time 29-Jan-2018 11:50:13
Transaction ID 10643815
Application Number 58403960
Shares Applied for 10
Application Amount 14,800
Shares Allotted 0
Amount Allotted 0
Refund Amount 14,800
Listing Date* 08-Feb-2018
765. AnujRana |   Link |Feb 28, 2018 9:29:59 PM
Haven''t received my application refund...ICICI bank..who should I contact..?
764. Deepa Aggarwal |   Link |Feb 15, 2018 5:25:16 PM
Money unblock by PNB.
764.1. KgN |   Link |Feb 16, 2018 9:21:59 AM
Ah. Thank god! :P

pnb :|
763. Sukesh Bhatnagar |   Link |Feb 15, 2018 11:23:07 AM
Money unblock from pnb
762. Sukesh Bhatnagar |   Link |Feb 14, 2018 3:30:19 PM
Yes my money was also blocked. Maine mail bhi Kiya par Koi reply nahi aaya
761. Surana ji |   Link |Feb 14, 2018 11:46:50 AM
Amount still blocked with bank (PNB). Can anyone tell me y so?
760. Deepa Aggarwal |   Link |Feb 13, 2018 6:47:18 AM
Bank balance still unblock with PNB bank. Can any help in this issue???
760.1. Jain vivek |   Link |Feb 13, 2018 10:13:07 AM
Send mail ,,,
Customers of PNB are facing lots of problems since January 27. Please write a complaint otherwise your money will remain blocked.
759. Sukesh Bhatnagar |   Link |Feb 12, 2018 2:47:21 PM
On Wednesday amt will unblock
758. Sukesh Bhatnagar |   Link |Feb 12, 2018 2:46:01 PM
Wednesday it will unblock
757. Ajay kumar rangwa |   Link |Feb 12, 2018 2:39:15 PM
My application money is not unblocked in PNB account till now. Kindly anybody have information about that.
756. Sukesh Bhatnagar |   Link |Feb 11, 2018 11:02:07 AM
Technical problem in pnb asba money still block Monday it will unblock I talk to pnb asba Sr manager
756.1. Ajay kumar rangwa |   Link |Feb 12, 2018 2:36:49 PM
Till time galaxy application money not unblocked in my pnb account.
755. Logik |   Link |Feb 10, 2018 10:52:29 AM

Absolutely not. They track ipo application with pan & demat id combination. No need to do it from registered bank account with demat.
755.1. Manofsteel |   Link |Feb 10, 2018 7:13:54 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Well I Have Done it Anyways and Got Allotments.
My broker is Edelweiss and They asked Me to apply through The Bank account linked with the demat only.

754. Pankaj dadri |   Link |Feb 10, 2018 11:31:33 AM
What''s the problem going on with PNB Bank.Galaxy amount still not unblocked. How to apply for next ipo?
754.1. Manoj patel |   Link |Feb 10, 2018 5:57:06 PM
Same problem
.. gelaxy ipo amount on hold
753. Logik |   Link |Feb 9, 2018 2:13:31 PM
WTF....I''ve applied to 2 different Demats from SBI. I''ve applied to to all oversubbed IPO in past 6 months using SBI. NOT even a single time I got an allotment. I think its more than my luck here. Seems SBI is doing some game or their ASBA is crap.

Can anyone here confirm me that they have been allotted (in oversubscribed stock via lottery) stocks in IPO?
753.5. Manofsteel |   Link |Feb 10, 2018 10:19:48 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
I have applied from SBI ASBA a couple of times.
And have got allotments in cochin Shipyard, Amber Enterprises, Mahindra Logistics And S. Chand. (Though S. Chand didn''t have a good listing but it was also 65 times oversubscribed)

I don''t think SBI ASBA has any problems.
Apply One PAN, one demat, from one bank account.
753.6. Manofsteel |   Link |Feb 10, 2018 10:21:40 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
And Only Apply From the bank account with which the demat is authenticated.
752. Hooda |   Link |Feb 9, 2018 5:24:24 PM
Upcoming Ipo kon kon se h...??2018 me kitne Ipo aayenge...???
751. Best wishes |   Link |Feb 9, 2018 4:08:25 PM
*अत्यंत सुकून सा मिलता है*

*पेट्रोल* भरवाकर...

*गुप्त दान* दिए जाने का
*सुखद अहसास* मिलता..

आख़िर *31 रुपये* का
*पेट्रोल* 73 मे इसलिए
*खरीदता* हूँ क्योंकि

*कुछ लोगों* को *29 रुपये* का *गेहूँ 2 रुपये* में

*40 रुपये* का
*चावल 1 रुपये* में मिल सके।

*आओ देश के लिए कमाएं* और दें

*30% आयकर*
*28% जीएसटी,*
*पेट्रोल में 10 %,*
*लोकल टैक्स 10%,*

*ताकि देश के गरीब सांसदों, विधायकों के घर रोटी बन सके। उनके बच्चे विदेश में पढ़ सके, उनकी संपत्ति 1 साल में दोगुनी- 4 गुनी हो सके।*

*लोकसभा राज्यसभा के सांसदों को जीवन भर पेंशन मिले सके*!!

*आप आम इंसान हैं आपका घर चले न चले लेकिन देश के सभी नेताओं के ऐशो आराम में कमी नहीं होना चाहिए।*

*आओ देश के इन महानुभाओं के लिए कमाएं।*
750. Pankaj dadri |   Link |Feb 8, 2018 4:20:52 PM
Pnb also not unblocked galaxy amount till now.
750.1. Deepa Aggarwal |   Link |Feb 9, 2018 3:26:43 PM
Yes PNB has not yet unblocked the application amount.
749. Cool Sunshine |   Link |Feb 9, 2018 8:29:21 AM
It is a decent stock and holding at this level is individual decision.

It is not a level to buy more. Avoid adding more at this level.
749.1. Cool Sunshine |   Link |Feb 9, 2018 10:38:32 AM
Luck was in our favour yesterday and gave us good listing as indian market was up.. Everyone should utilize and take as much advantage of this good listing as possible,

God knows how long this advantage will continue. This is IMO
748. Mohit Abrool |   Link |Feb 8, 2018 8:03:54 PM
Guys, any suggestion.
Shall i hold this or sell it near 1700?
748.1. Proven Investor |   Link |Feb 9, 2018 9:12:10 AM
Target : 1870 by next week
747. S.A.R |   Link |Feb 9, 2018 8:40:16 AM
Sold 5 shares yesterday@Rs 1670 and still holding remaining 5shares. It''s good that I didn''t exit yesterday. Anyway primary market is more safe to play.