IPO

Galaxy Surfactants Limited IPO

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Offer Date: Jan 29, 2017 - Jan 31, 2017

₹ 14800 /10 Shares

29 Jan, 2017

Open Date

31 Jan, 2017

Close Date

06 Feb, 2017

Allotment Date

08 Feb, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 1470 - Rs 1480 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Offer for Sale 63,31,674 Equity Shares of Rs 10 at price of Rs. 1470 - Rs. 1480 with aggregating up to Rs 937.09 Cr
  • Listing at NSE, BSE
  • Lead Manager ICICI Securities Limited, Edelweiss Capital Limited and JM Financial Consultants Private Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹1470 - 1480 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Jan 29, 2017 and ends on Jan 31, 2017. The allotment for IPO will be finalized on Feb 6, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 8, 2017. The company shall list its equity shares on the NSE, BSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are ICICI Securities Limited, Edelweiss Capital Limited and JM Financial Consultants Private Limited.


The IPO sets its price band at 1470 - 1480 for each share. A single application for Galaxy Surfactants Limited IPO must contain at least 10 shares.

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IPO Subscription Analysis And Details
Retail
6.01x
QIB
54.27x
NII
6.97x
Total
20.00x
As on QIB NII Retail Total
Shares Offered / Reserved 12,66,336 9,49,752 22,16,086 44,32,174
Day 1 29-01-18
2.72 x 0.01 0.44 x 1.00 x
Day 2 30-01-18
10.91 x 0.18 1.96 x 4.13 x
Day 3 31-01-18
54.27 x 6.97 6.01 x 20.00 x
Valuations
Earnings Per Share (EPS) Rs 41.27
P/E Ratio 35.86
RoNW 19.77%
Net Asset Value (NAV) - After Issue Rs 179.11
IPO - Issue Objectives
1

Offer for SaleCompany will not receive any proceeds from the Offer for Sale. 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.