Monday, January 29, 2018

Galaxy Surfactants IPO Subscription Numbers & Status, IPO Subscribed 19.96 times

Galaxy Surfactants ipo is giving few thought process to the investors. They withdrawn their ipo in 2011 and now comes up with the price band around 5 times. The results seems fine but still few things to check before investing. The grey market was on high but its coming down as well from 450 level to 300 level. So subscribe with the risk. Other end market is going on a high so it might be one of the reason for the companies to have good listing. Check the first 2 days subscription numbers and then apply for the ipo. Check Galaxy Surfactants ipo gmp by day to day.

Galaxy Surfactants IPO Subscription: (Fully Subscribed)

Day 12.710.010.44N/A1.00
Day 210.910.181.92N/A4.13
Day 3 54.276.975.92N/A19.96

Galaxy Surfactants IPO Dates & Price Band: (Approx)
  • IPO Open: 29-January-2018
  • IPO Close: 31-January-2018
  • IPO Size: Approx Rs. 937 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 1470 to 1480 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity:  6,331,674 Shares
Galaxy Surfactants IPO Market Lot:
  • Shares: Apply for 10 Shares (Minimum Lot Size)
  • Amount: Rs.14,800
Galaxy Surfactants IPO Allotment & Listing:
  • Basis of Allotment: 5-February-2018
  • Refunds: 6-February-2018
  • Credit to demat accounts: 7-February-2018
  • Listing: 8-February-2018