Galaxy Surfactants: History

Galaxy Surfactants Limited was formerly incorporated as a private limited company with the name Galaxy Surfactants Private Limited on May 20, 1986.

Consequently, the Company was converted into a “public limited company” and the name of the Company was changed from Galaxy Surfactants Private Limited to Galaxy Surfactants Limited on March 13, 1995.

galaxy surfactants ipo was launched in the year 2018

Galaxy Surfactants: Business

The Company has a wide range of specialty chemicals which include Surfactants, blends based on innovative concepts, Conditioning Agents, Mild Surfactants, Pearlizing Agents, proteins, Rheology Modifiers, and Quats for personal care.

Galaxy Surfactants is an Indian MNC (Multinational Corporation) that manufactures 200+ products and caters to 1750+ customers in 75+ countries

Galaxy Surfactants: Products

• Skin Care,
• Hair Care,
• Sun Care,
• Oral Care,
• Baby Care, and
• Home Care markets

9/10 Indian Consumers use Products that have Galaxy’s surfactants or specialty care products at least once in their Daily Routine.

Galaxy Surfactants: Customers

Almost all major FMCG (Fast-Moving Consumer Goods) companies in India are galaxy surfactants customers.

This includes Cavinkare Private Limited, Dabur India Limited, Colgate-Palmolive (India) Limited, Henkel, LOREAL, Himalaya, Procter & Gamble, Reckitt Benckiser, and Unilever.

Manufacturing Facilities & Employee

• The Company has 7 State of the Art Plants with 5 Manufacturing Facilities in India, 1 in Egypt, and 1 in the USA.
• The Company has over 1,200 employees.

Promoter & MD:

Mr. Unnathan Shekhar is the Promoter, Managing Director of the Company.

He has been associated with galaxy surfactants since 1986.

He holds a Bachelor’s Degree in Chemical Engineering from the University Department of Chemical Technology, Mumbai, and a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management, (IIM) Calcutta.

He has over 30 years of experience in the chemical manufacturing industry.

He is a recipient of the Distinguished Alumnus Award for 1998 conferred by the University Department of Chemical Technology Alumni Association.

As a Managing Director of the company, he looks after the overall management of the Company’s Business and Operations.

Listed On:

The shares of Galaxy Surfactants Limited are presently listed at Bombay Stock Exchange (BSE); CODE 540935 and National Stock Exchange (NSE) as GALAXYSURF

Stock Info: Stock Info: Galaxy Surfactants Limited

Share Holding Pattern

Financials

Conclusion

Galaxy Surfactants Limited is leading manufacturer of innovative products for the Personal and Home Care industry. “Galaxy” brand is well known to all the global, regional, and local companies operating in this business.

Promoters of the company are having more than 70% stake with 0% pledge shares.

Along with this, some of the top institutions like Axis Mutual Fund, Abu Dhabi Investment Authority – Behave, Kotak Mutual Fund, SBI Mutual Fund, and Jayshree Ramesh is having more than 1% stake in the company.

On the technical front, Galaxy Surfactants is trading well above its 50 EMA (1709) and 200 EMA (1513) on the daily chart.

Keeping the above-listed factors in mind, Galaxy Surfactants Limited looks good at INR 1765. Finblab recommends investing in the stock in a staggered manner for medium to long term.

Value Pick Stock: August 2020

Polyplex Corporation Limited

FINBLAB Performance (last 10 Stock recommendation)

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Galaxy Surfactants Limited: Value Pick Stock September 2020 appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Galaxy Surfactants – Company Profile

• Incorporated in the year 1986, Galaxy Surfactants Limited is today a global leader supplying a wide range of innovative products to over 1000 customers in 103 countries. These include the world’s leading brands.
• The Company has a wide range of specialty chemicals which includes Surfactants, Mild Surfactants, Rheology Modifiers, Pearlizing Agents, Conditioning Agents, blends based on innovative concepts, proteins, Quats for personal care.

Working Area

Galaxy’s portfolio is mainly designed to meet the customer’s needs in the Skin Care, Hair Care, Sun Care, Oral Care, Baby Care and Home Care markets.

Galaxy Surfactants – Client List

Almost all major FMCG companies in India are Galaxy surfactants customers. This includes Cavinkare Private Limited, Colgate-Palmolive (India) Limited, Dabur India Limited, Henkel, Himalaya, LOREAL, Procter & Gamble Home Products Private Limited, Reckitt Benckiser and Unilever.

Manufacturing Facilities and Employee

• The Company has 7 manufacturing facilities, out of which 5 are located in India and 2 are located overseas.
• The Company has over 1,200 employees.

Company Promoters

• Unnathan Shekhar
• Gopalkrishnan Ramakrishnan
• Shashikant Shanbhag
• Sudhir Dattaram Patil

IPO Opening / Closing Dates & Listing

IPO Details – Price, Minimum Bid and Other

Financial Performance

Revenues

Galaxy Surfactants shows steady revenue growth in recent years. Top-line has been increasing regularly for the last 5 years and jumped from INR 1582 Cr in FY 2013 to INR 2172 Cr for the period ended FY 2017. (1197 Cr till Sept 2017)

Profits

Though the company has shown steady growth in revenue, the company has also registered growth in profits in these 5 years. Starting from INR 0.278 Cr of profits in FY2013, the company’s earnings improved to INR 146 Cr for the period ended FY 2017. (75.16 Cr till Sept 2017)

CONCLUSION –

Considering company’s valuation, financial parameters, and the sector potential in which it is operating, FinBlab recommends SUBSCRIBE ratings on Galaxy Surfactants IPO.

Previous Content – EARLY RETIREMENT PLANNING: WHY IT IS SO IMPORTANT

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Galaxy Surfactants IPO – Details, Price Band, Analysis appeared first on Upcoming ipos: Latest news on stocks, economy & finance.