Galaxy Surfactants Limited IPO QuriousBox

Galaxy Surfactants Limited IPO | Launch Date | GMP | Price

Wealth Creation

Galaxy Surfactants Limited is incorporated in 1986, Mumbai, India. The manufacturer is 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. The 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 into 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.

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.

Issue Open: Jan 29, 2018 – Jan 31, 2018
Issue Size: Rs 937.09 Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 1470 – Rs 1480 Per Equity Share
Minimum Lot: 10 Shares
Listing At: NSE & SME

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