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.

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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.

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