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Galaxy Surfactants IPO Prospectus
What Are Analysts Saying?
Galaxy Surfactants IPO: No listed peers to compare; Subscribe
Rudra Shares and Stock Brokers, 29 Jan 2018
Moreover, the company is not offering any fresh issue and, through the OFS, it wants to achieve only the benefits of listing & on the upper price band of Rs 1480 with estimated EPS of Rs42.90 for FY18,P/E works out at 34.4x. but still we see a potential in the stock going forward & recommend to SUBSCRIBE the IPO for long-term.
All that you need to know about Galaxy Surfactants IPO
Nirmal Bang, 29 Jan 2018
Galaxy Surfactants has shown consistent growth in sales as well as profitability. We recommend investors to subscribe the issue for long term gains.
Should you subscribe to Galaxy Surfactants IPO?
HDFC Sec, 25 Jan 2018
Galaxy Surfactant Ltd (GSL) is one of India’s leading manufacturers of surfactants and other speciality ingredients for the personal care and home care industries.
Issue Details
Open Date: 29 Jan 18
Close Date: 31 Jan 18
Offer Price: Rs. 1470
Issue Size: Rs. 937.09  Cr
Min Application Amount:
Rs. 14700
Min bid (No. of shares): 10
Listing Exchanges: BSE, NSE
About the Company
"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."
Objective of the Issue
"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."
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -