COMPANY BACKGROUND

Galaxy Surfactants Limited is one of India’s leading manufacturers of surfactants and other speciality ingredients for the personal care and home care industries. Its products find application in a host of consumer-centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.

Since its incorporation in 1986, it has significantly expanded and diversified its product profile, client base and geographical footprint. Its customers include some of the leading multinational, regional and local players in the home and personal care industries. Currently, its product portfolio comprises over 200 product grades, which are marketed to more than 1,700 customers in over 70 countries.

The products are organized into the following product groups:
Performance Surfactants: Its portfolio of performance surfactants comprises over 45 product grades, and includes anionic surfactants and non-ionic surfactants; and

Speciality Care Products:Its Speciality Care Products group comprises over 155 product grades, and 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.

Issue Highlights

Issue opens

Monday, January 29, 2018

Issue closes

Wednesday, January 31, 2018

Issue Size

6,331,674 Equity Shares (Rs. 930.75 Crs – Rs. 937.08 Crs)

Price Band

Rs. 1470/- to Rs. 1480/-

Bid Lot

10 Equity Shares and in multiples thereafter

Face Value

Rs. 10/- per share

Listing

NSE / BSE

Registrar

Link Intime India Private Limited

Payment

Compulsorily ASBA Mode


Issue Break up

Category Issue Size Allocation Issue Size Lower Band(Rs.in Crs) Issue Size Upper Band(Rs.in Crs)
QIB   465.37 468.54
NIB 50% 139.61 140.56
Retail 15% 325.76 327.98
Total 35% 930.75 937.08

 

Object 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. Further, the Company expects that listing of the Equity Shares will enhance its visibility and brand image and provide liquidity to its existing Shareholders. The listing of the Equity Shares will also provide a public market for the Equity Shares in India.

Retail payment chart - Galaxy Surfactants Limited

No. of Shares Cut off price per share Rs. 1480 Total Amount (Rs.)
10 1480 14800
20 1480 29600
30 1480 44400
40 1480 59200
50 1480 74000
60 1480 88800
70 1480 103600
80 1480 118400
90 1480 133200
100 1480 148000
110 1480 162800
120 1480 177600
130 1480 192400