Case Study: The company came up with ipo in May-2011 and they withdraw their ipo due to the less interest. The ipo was subscribed 0.30 times overall in 4 days. The price band was rupees 325-340 in 2011.
Galaxy Surfactants IPO Review:
- Apply for Listing Gain (Keep GMP in Mind)
Galaxy Surfactants IPO Dates & Price Band: (Approx)
- IPO Open: 29-January-2018
- IPO Close: 31-January-2018
- IPO Size: Approx Rs. 937 Crore (Approx)
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 1470 to 1480 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 6,331,674 Shares
Galaxy Surfactants IPO Market Lot:
- Shares: Apply for 10 Shares (Minimum Lot Size)
- Amount: Rs.14,800
Galaxy Surfactants IPO Allotment & Listing:
- Basis of Allotment: 5-February-2018
- Refunds: 6-February-2018
- Credit to demat accounts: 7-February-2018
- Listing: 8-February-2018
Galaxy Surfactants Financial:
The company has posted a good results in 2017 but there are some things to check before year 2013. In 2010 the PAT was 40 crore and it went down to 0.3 crore in 2013. It was a big downfall for the company. They picked up in 2016 and reached a good PAT around 146 which is a good to go. As the price seems to be high but people will surely check the gmp before investing. As the big names with the company it might give a good reason for long term investment.
| Rs. in Crore | |||||
| 2013 | 2014 | 2015 | 2016 | 2017 | |
| Revenues | 1582 | 1702 | 1876 | 1809 | 2172 |
| Expenses | 1563 | 1579 | 1764 | 1967 | 1967 |
| PAT | 0.3 | 76.0 | 67.5 | 102.7 | 146.3 |
Company Promoters:
- Mr. Unnathan Shekhar
- Mr. Gopalkrishnan Ramakrishnan
- Mr. Shashikant Shanbhag
- Mr. Sudhir Dattaram
Quick Links:
DRHP Draft Prospectus
Galaxy Surfactants IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
Galaxy Surfactants IPO Lead Managers:
- Edelweiss Financial Services Limited
- ICICI Securities Limited
- JM Financial Institutional Securities Limited
Company Address:
Galaxy Surfactants Limited
C-49/2, TTC Industrial Area,
Pawne,
Navi Mumbai – 400 703
Phone: +91 22 2761 6666
Fax: +91 22 2768 6523
Email: [email protected]
Website: http://www.galaxysurfactants.com/
0 Responses
Lol grey market guys cheating people?at beginning premium was 550 to 600 , yesterday was150 to 200 now 75 to 80.at time of listing 10 to 15 RS????
Another website is saying Rs. 250 GMP – Sometimes these guys confused us! One should go for not only based on GMP but also research on Company valuation, assets, financial years profit, debt, new plans etc to get better idea.
It depends on demand. As HNI not contributed to it the gmp was likely to go down. GMP is all about the market demand before the listing. As company is doing good and if market support is there one will surely get few listing gain.
Lol grey market guys cheating people?at beginning premium was 550 to 600 , yesterday was150 to 200 now 75 to 80.at time of listing 10 to 15 RS????
sir mujhe share sell karne hai 9783858294
plz upxdate the right rate og galaxy ipo….
this is 1480/- not 1490/-
it seems good.
it seems good.
it seems good.