Galaxy Surfactants Limited IPO Message Board (Page 8)

ICICI Securities, a subsidiary of private sector lender ICICI Bank, has received markets regulator Sebi''s go-ahead to raise an estimated Rs 3,000- 4,000 crore through an initial public offering.

The company had filed its draft papers with Securities and Exchange Board of India (Sebi) in December and received ''observations'' from the regulator on February 2, as per the latest update with the markets watchdog.

The ''observations'' are very important to any company for launching public issues like initial public offer (IPO), follow-on public offer (FPO) and rights issue.

Going by the draft red herring prospectus (DRHP), the public issue comprises sale of 64,428,280 equity shares, amounting to 20 percent stake, by ICICI Bank.

The offer includes a reservation of up to 32.21 lakh shares for individual as well as Hindu Undivided Family (HUF) shareholders of ICICI Bank.

According to merchant banking sources, the IPO is expected to garner Rs 3,000-4,000 crore.

"The objects of the offer for the company are to achieve the benefit of listing the equity shares on the stock exchanges. Further, the company expects that the listing of equity shares will enhance its visibility and brand image and provide liquidity to its existing shareholders," the preliminary papers noted.

DSP Merrill Lynch, IIFL Holdings, SBI Capital Markets, Citigroup Global Markets India, Edelweiss Financial Services and CLSA India will manage the company''s public issue.

Last year, ICICI Bank had diluted part of its holding in ICICI Lombard General Insurance Company''s IPO.

Pehli baar allotment na milne ki khusi ho rahi he.
:):):)

Apply kyun Kiya ????

Definitely, it will go up and give the listing gain.as its of quality ipo .

It Will List at Premum dont panic

glaxy surfactants gmp down - 35-45

stupid people in forum.
Admin remove such people making fun of other

Premium - 65 to - 70.do not sell in pre opening session. Looks 1400 price for pre open price.

Sadly, not allotted... best of "global meltdown" (whatever it is) to allotees!

Sell all your your shares and earn tax free income.
Ex. Purchased Rs 10 lakhs shares 17 years ago now market value is Rs 20 carors = 19.90 carors tax free income.
If you want buy it again.
I think next 2 months very very high FIIs selling pressure in market.

I think you forgot "grandfathering" clause proposed for LTCG in budget...

For older holdings, acquisition cost/price=high value of asset/stock/mf as on 31/01/2018

Read, think and learn...

1/12

ICICI Securities received April for IPO from Sebi

The No.1 AMC... waiting... maybe in MAY...

My misfortune continues. 0/4.

I suggest you to double check name, pan, dp id and associated details once more... maybe that''s the case (out of more than 20 fields, where an error might get you rejected from an IPO)

2/4
Market may turn towards positive from tomorrow.
Hopefully about 10% listing gain will be there on Thursday.
ALL THE BEST TO ALL OF US.

I think till 12 PM, you can see lower lows, and then a bounce back, like today... likely to continue for sometime... LTCG, profit booking, taking fresh positions etc. along with so called poop known as "global meltdown".... hah, are the poles melting too??

All says if we apply maximum application so get sure one allotment but i not got allotment even applied maximum
Anyone suggest wht can we do?

Matlab sab ullu banane ki baat h

@nimo, if you don''t understand the logic, you make yourself a ullu, leave aside somebody else...

Generally I don''t get allotment, but in this bearish market I got 1 out of 1.....,???????????? Still hope for the good opening ...

Rains predicted in weekend, hope mayur dances in the rain watching positive listing...

0/1 allotment! (yeh to beechka hai) kinda lucky... over to next IPO...

0/4

lucky

:-)

Only supermighty God can prevent the negative listing of Galaxy Surfactants.!!!!!!

3/7

Pehli baar allotment na milne ki khusi ho rahi he.
:):):)

Allotment OUT of FOCUS SUITS SOLUTIONS
You may check at :
http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx

Applied for 70 but got only 10
So, can we expect listing of 1600+ ?