Public sector unit Bharat Dynamics Ltd (BDL) is coming with an initial public offering (IPO) in coming days. As per the sources the company has filed for the red herring prospectus for its IPO. The draft prospectus was filed with the market regulator Securities & Exchange Board of India in January. The IPO is expected to open from 13th March 2018 to 15th March 2018. As we all know that Bharat Dynamics Ltd is a Government of India company. The Government of India is planning for a stake sale. According to the latest information the Government is going to sale 2.2 crores shares, representing a stake dilution of about 13%. Continue reading
Infrastructure construction and management company H.G. Infra Engineering Ltd (HGIEL) is coming with an IPO in February 2018. The company has announced today that it will launch its IPO in February. HG Infra Engineering had filed with SEBI to raise Rs. 462 crore through the initial public offer in September 2017. The company had received Sebi’s approval to launch an IPO in December 2017. The IPO of H.G. Infra Engineering Ltd will consist of a fresh issue of up to Rs 300 crore and an offer for sale of up to 60 lakh equity shares. The company has said in its statement that the IPO of H.G. Infra Engineering will open on 26 February 2018 and it will end for subscription on 28 September 2018. Continue reading
Aster DM Healthcare Ltd, a health care provider, is coming with an initial public offering (IPO). The companies IPO was delayed a bit. Earlier it was expected that the IPO will open in January 2018 but the company did not launch its IPO in January and now it has decided to launch it in February. The condition of the markets is not good right now. Continue reading
According to the latest news, the Specialty chemical maker Galaxy Surfactants Ltd has notified the exchanges that it will launch its initial public offering (IPO) by the end of January 2018. The company has issued the notification that it will float an IPO from 29th January 2018 to 31st January 2018. The company had filed for the IPO in November 2017 and it got approval from Securities and Exchange Board of India (SEBI) on 12th January 2018. As soon as it got approval from the market regulator SEBI, it decided to launch an IPO. As per the records, as many as 46 companies had received approval for IPOs in 2017.
The company has also decided the price band of the Galaxy Surfactants IPO. The price band of the IPO of Galaxy Surfactants is fixed between Rs. 1470 – Rs. 1480 Per Equity Share. The lot size of the IPO is 10 shares and in multiples thereof.
The issue is purely an offer-for-sale wherein as many as 307 shareholders, including promoter and promoter-group company, will sell over 63.31 lakh shares. The company had earlier tried to raise money from the stock markets in May 2011. The company was planning to raise up to Rs. 201 crore by selling 25% of the company’s shares. But the subscription of the IPO was not up to mark and company was forced to withdraw its IPO one day ahead of the closure of the IPO. The IPO had only subscribed 30% bids in 2011.
If you want to know more about Galaxy Surfactants IPO Allotment, Galaxy Surfactants IPO Subscription Details, Galaxy Surfactants Financials, IPO Size, Price and more at the given space of the website.
Galaxy Surfactants IPO
About the company: Galaxy Surfactants Ltd is a leading manufacturer of surfactants and other specialty ingredients. The company was founded in 1986 and it is based in Mumbai. The company makes products for personal care and home care industries such as inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products. It has a global footprint in 70 countries with 1,700 customers and over 200 product grades. Leading multinational, regional and local players in the home and personal care industries are the customer of Galaxy Surfactants. Some of the big clients are Cavinkare, Colgate-Palmolive (India), Dabur India, Henkel, Himalaya, L’oreal, Procter & Gamble, Reckitt Benckiser, Ayur Herbals, Jyothy Laboratories and Unilever.
Following is the list of Galaxy Surfactants product groups:
- Performance Surfactants: Anionic surfactants and Non-ionic surfactants.
- Speciality Care Products: Amphoteric surfactants, Cationic surfactants, UV filters, Preservatives, Preservative blends, Surfactant blends, Mild surfactants, Syndet and transparent bathing bars and proteins, Fatty acid alkanolamides and Fatty acid esters, and other care products.
Company Promoters: Mr. Unnathan Shekhar, Mr. Gopalkrishnan Ramakrishnan, Mr. Sudhir Dattaram Patil And Mr. Shashikant Shanbhag
Objects of the Issue
Note: Proceeds of the Offer will go to the Selling Shareholders, Galaxy Surfactants will not directly receive any proceeds of the Offer.
Galaxy Surfactants IPO Grey Market Premium, Rates, GMP Price
|23 Jan 2018||Rs. 525||Rs. 550|
|07 Feb 2018||Rs. 60|
Galaxy Surfactants IPO, Date, Allotment, Price, Lot Size, Subscription, Listing
|Name||Galaxy Surfactants Limited|
|Open Date||29 January 2018|
|Close Date||31 January 2018|
|Allotment Date||06 February 2018|
|Issue Price||Rs. 1470 – Rs. 1480 Per Equity Share|
|Lot Size||10 Shares|
|Minimum Order Quantity||10 Shares|
|Issue Type||Book Built Issue IPO|
|Issue Size||6,331,674 Equity Shares of Rs 10 aggregating up to Rs 937.09 Crore|
|Lead Manager||Edelweiss Capital Limited, ICICI Securities Limited, JM Financial Consultants Private Limited|
|Registrar||Link Intime India Private Ltd|
|Listing at||NSE / BSE|
Galaxy Surfactants IPO Price
Navi Mumbai based specialty chemicals company, Galaxy Surfactants has fixed price band between Rs. 1,470 and Rs. 1,480 per equity share for its IPO. The company is planning to raise around Rs. 937 crores.
Galaxy Surfactants IPO Date
The IPO of the company will be open for the subscription from 29 January 2018 to 31 January 2018.
|Date||Total Revenue||Total Expenses||Profit after Tax|
|31 March 2017||Rs. 2,171.7||Rs. 1,967.4||Rs. 146.3|
|31 March 2016||Rs. 1,808.8||Rs. 1,645.3||Rs. 102.7|
|31 March 2015||Rs. 1,876.0||Rs. 1,763.7||Rs. 67.5|
|31 March 2014||Rs. 1,701.6||Rs. 1,578.5||Rs. 76.0|
|31 March 2013||Rs. 1,582.3||Rs. 1,563.4||Rs. 0.3|
|**(All Figures in Rs. Crores)|
- Earnings Per Share (EPS): Rs. 41.27
- Price/Earnings (P/E) ratio: Rs. 35.61 – Rs. 35.86
- Return on Net Worth (RONW): 28.68%
- Net Asset Value (NAV): Rs. 161.51
Galaxy Surfactants IPO Subscription Details
|Category||SHARES OFFERED||29 January 2018||30 January 2018||31 January 2018|
Galaxy Surfactants has chosen Edelweiss Capital Limited, ICICI Securities Limited, JM Financial Consultants Private Limited as lead managers to the issue.
Link Intime India Private Ltd is the registrar of Galaxy Surfactants IPO.
Galaxy Surfactants IPO Allotment Status
The IPO allotment of Galaxy Surfactants IPO will be announced on Link Intime’s website. The expected allotment date of the IPO is 06 February 2018.
Listing Date Update: The listing date of Galaxy Surfactants IPO is 08th February 2018. Will be updated soon.
Listing Day Figures (08 February 2018)
|BSE (540935)||NSE (GALAXYSURF)|
|IPO Price||Rs. 1,480||Rs. 1,480|
|Open||Rs. 1,520||Rs. 1,525|
|High||Rs. 1,732||Rs. 1,735|
|Low||Rs. 1,520||Rs. 1,525|
|Close||Rs. 1,698.10||Rs. 1,700.45|
|Diffrence||Up Rs. 218.10 (+14.74%)||Up Rs. 220.45 (+14.90%)|
Galaxy Surfactants Limited Address
IPO DRHP / Prospectus
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Galaxy Surfactants IPO Allotment, Galaxy Surfactants Allotment Status Date, Link Intime Allotment Status
Check Galaxy Surfactants IPO Allotment now, it is online. Investors can now see the allotment status online. Link Intime Allotment Status of Galaxy Surfactants IPO is available now. As we all know that the Galaxy Surfactants IPO was the last IPO in January 2018. Now the subscription is over, people are wondering about the allotment. The allotment of the Galaxy IPO is ready on the registrar’s website. Investors need to check the registrar’s website for the allotment. In the given section of the website, you will find all the relevant stuff about the Galaxy Surfactants IPO. The subscription figures, allotment date, and grey market figures can also be checked at this website. Continue reading
Route Mobile Ltd, a provider of cloud-communication platform services, has sought the permission for initial public offering (IPO) from SEBI. The company has filed the draft red herring prospectus (DRHP) on 22 January 2018. The company is based in Mumbai and provides cloud-communication platform services. The issue comprised of new shares worth Rs 350 crore and an offer for sale worth by the promoters of the company. The promoters are going to sell 65,00,000 shares in an offer for sale. It is expected that the total size of the issue will be around Rs. 600 crores. Continue reading
Newgen Software Technologies Limited might be the second mainline initial public offer (IPO) of 2018 after the Apollo Micro Systems IPO. As per the sources, the company is planning to launch the IPO in January 2018. The company is in the IT Software business. Currently, the IPO of Apollo Micro System is open for the subscription. Now, this IPO can be announced very soon. The subscription date of the IPO of Newgen Software Technologies is 16 January 2018 to 18 January 2018. It is confirmed by the company. The official announcement can be done in coming days. The company wants to collect Rs. 450 crores from the markets at the price band of Rs. 240 to Rs. 245 per equity shares. Continue reading
Welcome to greymarket.co.in. Amber Enterprise India Limited has notified the stock exchanges that it is going to come with an initial public offering (IPO) in January 2018. This will be the third IPO after Apollo Micro Systems and Newgen Software Technologies. The company has decided to raise Rs 600 crores from the markets. The IPO will be a fresh issue and an offer for sale. The company will issue fresh equity shares aggregating up to Rs. 475 crore and an offer for sale of up to Rs 125 crore. The promoters of the company Jasbir Singh and Daljit Singh will sell their stake. Jasbir Singh and Daljit Singh both will sell shares worth Rs 62.5 crore. So, if you are one of the investors who has applied for this IPO and want to check the daily GMP of Amber Enterprise IPO, then you are at the right place. We are going to update this page every day until the listing day. So, investors get latest and updated grey market price of Amber Enterprise IPO. Check the given section for more details and other relevant details. Continue reading
Software products firm Newgen Software Technologies Limited is going public. The company has decided to launch an initial public offering (IPO) on 16th January 2018. The company wants to raise Rs. 450 crore through the IPO. This is the second mainline IPO of the year 2018. Before Newgen Software, Apollo Micro Systems has announced its IPO and it was the first IPO of the year 2018. Now because of these IPOs, the IPO market and grey market has become alive. The primary and secondary markets are again on fire because of these IPOs.
If you are one of the active investors who deal in the IPOs regularly, then you must want to check the gap of Newgen Software IPO. This is why this page is made for the investors like you. Who is very active in the IPOs and wants to make some money from the stock markets. Three IPOs are already announced in the first week of January and according to the experts, this year will also be very busy like last year. Many companies have already got approval from the market regulator SEBI and these companies are planning to launch their IPOs this year. Continue reading