Galaxy Surfactants Limited IPO Message Board (Page 36)

Is me Link in time hai lekin company achhi nahi Kya kare??

Galaxy surfactant will open down,may list at 1100

Can i apply multiple applications from my bank account (axis bank) like with my father''s pan and his demat account no.

Yes

Chem Cho,


Since 2 month Back Septa ji Recommended to buy L&T Technology at 800RS. FYI

Can anyone suggest me best book for learning technical and financial analysis.

Subscribe to Galaxy Surfactants listing gains possible: Centrum broking

"Recommendation: At the higher end of the price band of Rs 1,480, the issue is
priced at P/E of 35.9x (post dilution) on FY17 and 34.9x on H1FY18
(annualized) basis, which appears to be fairly valued. GSL has decent set of
financials (FY14-17 revenue and PAT CAGR of 8% and 24%, respectively,
EBITDA margins of 12%, RoE of 25% and positive free cash flows). As GSL is a global supplier to a host of FMCG players focused on the personal and home care segment, there is a likelihood of significant demand potential in the future irrespective of market conditions, owing to the daily utility of products.
Given the decent financials and future growth prospects, the IPO could garner interest in the current market environment. Hence, we believe that despite fair valuations, the listing may still be at a premium to the offer price."

Gamble sir I am waiting for your analysis on Galaxy. Hope 50% guys are following you in IPOS. Thanks for your efforts.God bless you and your family.

Not allotted in astron, apollo and now amber...last allotted in FSCL, so let''s focus on galaxy and see if I should apply... time to read and research!

GMP of Amber 380
GMP of Newgen 15
GMP of Galaxy 350

GMP of Galaxy falls below 350
GMP of Amber falls below 380
GMP of Newgen is around 18

Now premium 300

What about next forthcoming ipo''s

Galaxy Surfactants IPO:

Company''s first attempt for ipo in 2011 was failed.

If we look at financial nos. for 2009 and 2010, eps was Rs. 15.59 and Rs. 23.55 respectively. Huge increase of Rs. 8 in 2010 before ipo in 2011.

Same way if we look at financial nos. for 2016 and 2017, eps was Rs. 28.97 and Rs. 41.27 respectively. Huge increase of Rs. 13 in 2017 before ipo in 2018.

Clearly looks financial nos. were cooked for 2010 and 2017 for ipo launch in 2011 and 2018 respectively.

Need to study in more details before giving any suggestions on apply or not apply.

31-Mar-10 31-Mar-09 31-Mar-08 31-Mar-07 31-Mar-06
Total Income 5941.80 5693.20 3889.55 3295.12 2725.26
Profit After Tax (PAT) 403.42 267.02 261.79 255.25 60.70

Uchit Sir,

GMP falling. Today kostak is 400. No buyer. Is it advisable to sell applications or keep it open?

IPO NEWS - Just for Info. :-

Defence PSU Bharat Dynamics Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offer. Bharat Dynamics was established in 1970 and is a manufacturer of guided missiles and allied defence equipment.

This is the fourth PSU that has approached Sebi for IPO in less than one month. The other three are - Mishra Dhatu Nigam Ltd, RITES Ltd and Indian Renewable Energy Development Agency (IREDA).

GMP falling sharply.
Rumor is that market may correct significantly here onwards.
Though Galaxy is a good company, the valuations are very high.
Either avoid or be cautious.

TRUE
yesterday broker offered 550 kostak
Today I tried to sell,it slips 400
What going on??

Had ho gyi yaar, jab kuch kam ka ipo aaya hai to log avoid avoid kr rhe hai.

Retail category required 250000 form for 1x, i.e 50% allotment chances.

Log 2011,2011 kar rhe hai, are bruh yanha *2002 ki maafi* abhi tak nahi mag rhe aur aap galaxy ke financial pe ilzam laga rhe hai ,

" Dudh ka zala hua chhas bhi funk funk k pita hai "


Financials talk .

As You know i only interested in market capitalisation ,so @ upper band 1480 rs
M. Cap near 5250cr.

Here revenue can be 2500cr of 2018

If you see mostly valued FMCG company like ITC, HUL trading 7x-8x on revenue while dabur, Colgate also trading same range.P&G -15x,

Galaxy doing bussiness in gem segment (L''Oreal, P&G,Himalaya )

This brands has immense growth opportunity especially in developing country where even job given based on skin color


So 4x(way below than mainline FMCG) ,one may easily give.

Fair value = 10000cr market capitalisation

Fair price = 2820 RS 55 Paisa.


This is the magic of FMCG, pehli nazar me hamesha overvalued najar aate hai, but asal me hote nai hai!


Galaxy surfactants = Dixon = Shankara = virtual monopoly.

Subscribe it or leave it, Make your choice.

Interesting !!!

Market kid

1) Yes indeed 2011 was very difficult year for stock market and unfortunately galaxy surfactants timed the IPO badly. (Timing is everything in stock market unless you are Warren Buffet or a mutual fund manager who deploys others money)

2) But Galaxy surfactants is fundamentally good company with excellent products/financials. This is the reason why Swiss MNC Clariant chemicals were trying to buy out this company since long time. But in Jan 2017, it didn''t work out so galaxy decided to go for IPO.

3) This company is supplier to FMCG and not an FMCG company. Hence valuation of FMCG not applicable to this stock.

4) This is more of a speciality chemical type company but again this company is first mover hence market will decide its multiples.

5) Specialty chemical companies like Nocil, Navin flourine or Atul are trading at 26x where as BASF or Himadri around 50x. Galaxy trading 35x consolidated and 50x standalone. So valuation is streched.

6) But its Market Cap to Revenue is far lower compare to any of the company mentioned above or even FMCG companies.(Revenue around 2300 crore(2018) and market cap 5300 crore

7) With 25% PAT growth, favourable price to sales ratio and if market considers improvement in margins for future, then this should give moderate listing gains.

Gmp of Galaxy surfactant Ltd is 400+
Gmp of Amber Enterprises is 450+
Gmp of Newgen Software is 20+

Admin
Please upload link of RHP

RHP : https://www.edelweissfin.com/documents/30595/0/Galaxy+Surfactants+Limited+-+Red+Herring+Prospectus+-+January+16%2C+2018.pdf/

I didn''t wrote galaxy to EE to Edelweiss to gamble to u ????

Ambar 350 seller
Galaxy 350 seller

It flopped in 2011,but a good buy in 2018. It''s more matured company now. Most of its customers are of reputed brand. Hope a good show this time. All the best!!

Now a days fmcg shares are hot cakes. When a company ''s customers are leading fmcg companies like Colgate, Dabur,Himalaya, cavin care, p&g, etc then the company is on strong footing. Indian consumers spending also has gone up many folds nowadays compared to 2011. For me it''s a buy.

Good 2nd day subscription, buy for now