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Sunday 8 May 2011

Galaxy Surfactants will open for subscription with it`s 200 Cr IPO from 13th to 19th May 2011

Issue Detail:
  »»  Issue Open: May 13, 2011 - May 19, 2011
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 5,930,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 192.73 - 201.62 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 325 - Rs. 340 Per Equity Share
  »»  Market Lot: 20 Shares
  »»  Minimum Order Quantity: 20 Shares
  »»  Listing At: BSE, NSE

Galaxy Surfactants Ltd is entering in the capital markets with an initial public offering, IPO of 5,930,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 325/- at lower level and Rs 340/- at upper level.
Galaxy Surfactants Ltd is in the business of manufacturers and marketers of surfactants and specialty chemicals in India for the Personal and Home Care industry. Galaxy Surfactants produce a range of cosmetic ingredients including active ingredients, UV protection and functional products. Company's products used by many large FMCG companies in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care products.
The issue opens on May 13, 2011 and closes for subscription on May 19, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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