Galaxy Surfactants Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,165,836 (50%) | — | ₹46,854 Cr |
| NII (HNI) | — | 949,752 (15%) | — | ₹14,056 Cr |
| Retail | — | 2,216,086 (35%) | — | ₹32,798 Cr |
| Σ Total | — | 6,331,674 (100%) | — | ₹937,088 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹14,800 |
| Retail (Max) | 13 | 130 | ₹192,400 |
| S-HNI (Min) | 14 | 140 | ₹207,200 |
| B-HNI (Min) | 67 | 670 | ₹991,600 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 2,172 | 1,809 | 1,876 |
| Profit After Tax | 146 | 103 | 67 |
| Total Assets | 1,285 | 1,109 | 1,060 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
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Company Overview
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.