Galaxy Surfactants Ltd IPO Message Board (Page 8)

gmp?

Very good company anyone can tell me about eps and book value of this company

analysis of Galaxy out :

http://www.firstchoiceipoanalysis.com/2011/05/ipo-analysis-galaxy-surfactants-limited.html

Specialty chemicals maker Galaxy Surfactants has set a price band of 325-340 rupees a share to raise up to 2.02 billion rupees via initial public offering (IPO), according to an advertisemnt in the Business Standard newspaper on Monday.

Subscriptions to the 5.93 million share sale begin on May 13 and end on May 19, it said.

Proceeds from the issue, about a quarter of the post-issue paid-up capital, will be used to part-finance expansion of its subsidiary GC Egypt, to set up new manufacturing unit in Gujarat and to expand its existing capacities. [ID:nSGE67T0HH]

Motilal Oswal Investment Advisors Pvt Ltd and Centrum Capital Ltd are the book running lead managers for the issue. (Reporting by Kaustubh Kulkarni; Editing by Rajesh Pandathil)

Galaxy Surfactants will probably hit d capital market with it`s 200 Cr ipo from 13th May to 19th May.