09 May 2011

IPO Galaxy Surfactants- All the information

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Issue Terms
Issue price / Floor Price (Rs)
325-340
Application per share (Rs)
325.00
Minimum investment amount (Rs)
6,500.00
Minimum bid (no of shares)
20 shares and in multiples of 20 thereafter
Maximum Shares for Retail
600-580



Issue Date and Size
Issue opens
13-May-11
Issue closes
19-May-11
Listing on
BSE, NSE
Issue size (Rs cr)
192.73-201.62
Mkt cap at issue price (Rs cr)
768.86-804.35




Shares on Offer
Lakhs
Total shares offered
59.30
Of above, offered to public
59.30
Post-issue shares
236.57
Post-issue promoters' holding(%)
56.32



Lead Managers & Registrar
Lead Manager(1)
Centrum Capital Ltd
E-mail
gsl.ipo@centrum.co.in
Lead Manager(2)
Motilal Oswal Investment Advisors Pvt Ltd
E-mail
galaxy.ipo@motilaloswal.com
Registrar
Link Intime India Pvt Ltd
E-mail
gsl.ipo@linkintime.co.in



Company Contact Details
Company's address
C-49/2, TTC Industrial Area, Pawne, Navi Mumbai, Maharashtra
Pincode
400 703
Tel No.
91 22 2761 6666
Fax No.
91 22 2761 5883
Website
http://www.galaxysurfactants.com






Description
It is one of the leading manufacturers and marketers of surfactants and specialty chemicals in India for the personal and home care industry.
Objects of Issue
  • Fund the capital expenditure of our step down subsidiary GC Egypt, through investment in our subsidiary, GHML
  • Fund the capital expenditure for setting up new manufacturing facility at Jhagadia, Gujarat
  • Expand the capacities at our existing manufacturing units at Tarapur
  • Expand the capacities at our existing manufacturing units at Taloja

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