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Galaxy Surfactants Limited IPO Message Board (Page 22)

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346. Anarchist |   Link |  Bookmark | February 2, 2018 12:13:04 PM (500+ Posts, 1400+ Likes)
Disinvestment target has been raised and they have decided to club all insurance providers to create one giant disinvestment object.. That''s one heck of a great investment opportunity coming our way..
Guys and gals..get set to sell all your belongings, even your houses to grab shares in that offer...
346.2. Anarchist |   Link |  Bookmark | February 2, 2018 1:42:14 PM (500+ Posts, 1400+ Likes)
@ Cool Sunshine

I was going to agree for a change but the post by Innovator made me rethink my contention .Truly that post is an eye opener for all of us who have been getting everything for free ..no?
346.3. Cool Sunshine |   Link |  Bookmark | February 2, 2018 1:42:35 PM
@Anarchist....I gave above comment deliberately ignoring your satire on divestment.

To add to my above comment even farmers (only focus of the budget in the background of 2019 elections) know that they cannot trust this government.
345. Umang and his ultrasonic uproar |   Link |  Bookmark | February 2, 2018 10:51:35 AM
IPO Guru IPO Guru (1300+ Posts, 800+ Likes)
Bloodbath in mid/small cap. Stay away from market.
345.1. techuser |   Link |  Bookmark | February 2, 2018 12:21:41 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
I believe this is the time to invest, for real investors, not for gamblers.

Usual trend in people, if market goes down, they run away, If market goes up, they buy everything :), while that should be a reverse process :-)
345.2. Cool Sunshine |   Link |  Bookmark | February 2, 2018 1:35:01 PM
As Salman Khan says "Do whatever you want to do but don''t trouble your mother"

I am no Salman Khan and not even his fan even remotely but say only one thing......

"Do whatever you want to do but don''t leverage yourself in this market and Invest only what you can afford to lose without affecting your family"
344. Solution of Queries |   Link |  Bookmark | February 2, 2018 12:45:27 PM (1100+ Posts, 1400+ Likes)
Govt. aiming Rs. 20000 tax collection from LTCG in starting....

but they have destroyed approx. 2 Lakh crore wealth in just 1-2 hours via market.

Great....!!
344.1. Solution of Queries |   Link |  Bookmark | February 2, 2018 12:47:28 PM (1100+ Posts, 1400+ Likes)
typo error , its Rs. 20000 crore .
344.2. RVP |   Link |  Bookmark | February 2, 2018 1:28:45 PM
Now Governmetn''s interests are aligned with you in your wealth creation efforts.

Since 31st Jan prices are the base and logically, LTCG tax will only applied if market crossed the base. Just seat back and relax while entire team works for you. Cheers!
343. Manofsteel |   Link |  Bookmark | February 2, 2018 12:21:52 PM (200+ Posts, 200+ Likes)
Gods save the Galaxy!!
342. prakash kundur |   Link |  Bookmark | February 2, 2018 11:58:57 AM
1. How to withdraw application applied through online ASBA?
2.If not possible, can we sell in greyis market?
3. What rate can be expected?now and listing price
4. Can the market recover after initial fear over the budget by the time trading starts?
If all else fails and shares are allotted, how long to hold
341. V |   Link |  Bookmark | February 2, 2018 11:08:56 AM
Hume To Loot Liya Milke Jately Walo Ne,
Kale Kale Galo Ne, Gore Gore Balo Ne.
340. Sammy ipo |   Link |  Bookmark | February 2, 2018 9:09:42 AM
Standard deductions of 40000 replaces 34200 existing reimbursements. So if you are in 20% tax slab with taxable income 10lac... U get 20% of 5800(40000-34200) i.e., *Rs 1160* benefit.

2. Edu cess increased from 3 to 4% so if your income is 10lac you are paying 112500 tax. 1% additional tax on this i.e., *Rs 1125*.

*So Rs 1160-Rs 1125, salaried class get Rs 35 relief!*

339. Mohit Abrool |   Link |  Bookmark | February 1, 2018 10:23:44 PM
So guys, what is the expected Listing price of this IPO ???
339.1. AjayKMali |   Link |  Bookmark | February 2, 2018 12:00:06 AM
IF market is doing great or OK and did not fell from curret levels then expect share to trade between 1650 to 1700.

You can see high of 1750 within 3 days of listing.
338. Aniketiaf |   Link |  Bookmark | February 1, 2018 9:59:21 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
If I m wrong, than please correct me.............. Standard deductions of 40000 replaces 34200 existing reimbursements. So if you are in 20% tax slab with taxable income 10lac... U get 20% of 5800(40000-34200) i.e., *Rs 1160* benefit.

Edu cess increased from 3 to 4% so if your income is 10lac you are paying 112500 tax. 1% additional tax on this i.e., *Rs 1125*.

*So Rs 1160-Rs 1125, salaried class get Rs 35 relief!*
338.1. AjayKMali |   Link |  Bookmark | February 1, 2018 11:57:43 PM
Yes, you are absolutely correct. If you are 20% bracket, you only save Rs.35. If you are 10% bracket. You end up paying more tax.

Don''t forget if you earn more than 1 Lakh as long term capital gains, you need to pay 10% of as tax.

Whether you are common man, middleman, you are cheated by modi government.

337. Aniketiaf |   Link |  Bookmark | February 1, 2018 7:10:54 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
GMP of Galaxy is 100+
337.1. sonal patel |   Link |  Bookmark | February 1, 2018 11:44:25 PM
IPO Guru IPO Guru (1600+ Posts, 5800+ Likes)
ya .mene to kal hi bol diya tha. but some people say don''t post wrong comments. ..112 - 116 traded .but very low volume
336. rohitguptaji |   Link |  Bookmark | February 1, 2018 9:44:54 PM
Upcoming ipo
335. Bhallal dev |   Link |  Bookmark | February 1, 2018 8:55:51 PM
After GST 1st budget
After DeMonetisation 2nd budget

No more relief in Income Tax
No reduction in STT.In fact introduction of LTCG Tax again from today itself ! and that too on 1 lac rs. !!

No more growth oriented budget for business.
No more job opportunity.
In this sense MAKE IN INDIA means Hindustan me SABCO banana.!!! Right mere pyare desh vasiyo ???
335.1. rsk |   Link |  Bookmark | February 1, 2018 9:33:02 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
LOL, Last line is hilarious but true. Bhakhts will disagree.
334. Chem cho |   Link |  Bookmark | February 1, 2018 9:19:46 PM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
salary employes benefit from buget
best for sr citizens


long term capital gain tax 10 % above rs 100000
short term capital gain tax 15%
333. Bullish On India |   Link |  Bookmark | February 1, 2018 7:25:34 PM
Just had a doubt after LTCG introduction today. How many retailers really pay short term capital gain tax after selling shares on listing day?
332. JAYESH M |   Link |  Bookmark | February 1, 2018 9:42:00 AM
aniketiaf pls give premium of galaxy after qib heavy subscription
332.1. Aniketiaf |   Link |  Bookmark | February 1, 2018 7:13:44 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
GMP crossed 100 ( less activity )
Thanks.
331. addy A |   Link |  Bookmark | February 1, 2018 5:59:36 PM
Can anyone please suggest broker in Mumbai who is dealing in Gray market and Subject to Sauda?
Thank you in advance.....
331.1. Best wishes |   Link |  Bookmark | February 1, 2018 7:08:35 PM
You may contact India infoline ltd
KAMALA MILLS COMPOUND,
LOWER PAREL
MUMBAI
330. ipo share |   Link |  Bookmark | February 1, 2018 5:11:54 PM
IPO Guru IPO Guru (1600+ Posts, 800+ Likes)
Since budget provision of long term capital gain @ 10 % will apply from 1st April, selling may come in Feb & Mar.
Not good for market if it is not withdrawn.
330.1. lokes |   Link |  Bookmark | February 1, 2018 5:21:46 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
exemption is till 31st jan only, whoever will sell in feb and march, they also have to pay tax for their long term holdings.....if profit is more than 1 lakh
so not much impact on market....that''s why market recovered....
330.2. mDelhi |   Link |  Bookmark | February 1, 2018 6:51:46 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Yes LTCG should be removed
329. Anarchist |   Link |  Bookmark | February 1, 2018 5:35:16 PM (500+ Posts, 1400+ Likes)
What? They only added LTCG to the existing STT? ..That seems to be one hell of an investor friendly budget.....Folks thought they might add some Capital Loss tax too ...like much needed pinch of salt to the already scrumptious tax recipe ....

Great...Great budget indeed !!
328. KING VINOD |   Link |  Bookmark | February 1, 2018 4:30:24 PM
IPO Guru IPO Guru (2500 Posts, 5400+ Likes)
GALAXY SURFACTANTS LIMITED IPO
FINAL SUBSCRIPTION FIGURES
QIBs -- 54.27X
NIIs -- 6.96X
RIIs -- 6.00X
TOTAL -- 20.00X
TOTAL FORMS -- 11,41,610
APPLICATION WISE -- 5.14X
ALMOST 1 OUT OF 5
DUE TO OVER SUBSCRIPTION BY THE QIBs, LISTING WILL BE POSITIVE SIDE ONLY.
328.1. Hari ji |   Link |  Bookmark | February 1, 2018 5:28:57 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
@KING VINOD friends
I miss this ipo Because I wait your final call.
You give final call after 3 pm and My bank allow submit till 3 pm.
327. madhav |   Link |  Bookmark | February 1, 2018 10:57:11 AM
How many ipo apply through Canara net banking ??
327.1. Debmalya |   Link |  Bookmark | February 1, 2018 5:12:38 PM
3
327.2. Debmalya |   Link |  Bookmark | February 1, 2018 5:13:43 PM
Which bank allows upto 5 PM for RIIs?