Galaxy Surfactants Limited

About Company

Incorporated in 1986, Galaxy Surfactants Limited is Mumbai, India based manufacturer of surfactants and other specialty ingredients for the personal care and home care industries. The ingredients company manufacture are commonly used in consumer-centric personal care and home care products like skin care, oral care, hair care, cosmetics, toiletries and detergent products. Galaxy surfactants product portfolio includes over 200 product grades, which are marketed to over 1,700 customers in 70 countries.

Galaxy surfactants products are classified in 2 categories:

1. Performance Surfactants: This includes anionic surfactants and non-ionic surfactants.

2. Speciality Care Products: This includes amphoteric surfactants, cationic surfactants, UV filters, preservatives, preservative blends and surfactant blends, speciality ingredients such as mild surfactants, syndet and transparent bathing bars and proteins, fatty alkanolamides and fatty acid esters, and other care products.

Galaxy surfactants is leading manufacturer of these ingredients. 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.

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

Company financial

(Rs in millions)

Company Promoters

1.       Mr. Unnathan Shekhar

2.       Mr. Gopalkrishnan Ramakrishnan

3.       Mr. Shashikant Shanbhag

4.       Mr. Sudhir Dattaram Patil

Registrar to the issue

1.      Link Intime India Private Limited

Lead Managers

1.       ICICI Securities Limited

2.       Edelweiss Financial Services Limited

3.       Link Intime India Private Limited

Objects of the Issue:

1.    The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and the sale of Equity Shares by the Selling Shareholders.

2.    Further, our Company expects that listing of the Equity Shares will enhance its visibility and brand image and provide liquidity to its existing Shareholders. The listing of the Equity Shares will also provide a public market for the Equity Shares in India.

Risk factors

1.       This being the first public issue of our Company, there has been no formal market for the Equity Shares.

2.        Investments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in the Offer unless they can afford to take the risk of losing their investment.