Specialty chemicals maker Galaxy Surfactants is initiating with an initial public giving to boost around Rs two hundred crore. the corporate can utilise the proceeds for capability enlargement. Its growth momentum is powerful and it's healthy fundamentals. However, the IPO pricing seems somewhat expensive. Timely execution of its comes are going to be crucial for investors to create profits. Long-term investors will think about subscribing to the difficulty. BUSINESS: Galaxy Surfactants may be a provider of chemical ingredients to non-public care and residential care corporations. Its purchasers embrace leading fast-moving shopper merchandise corporations. Its product may be broadly classified into 3 classes, organic surface active agents, fatty alkanolamides and fatty acid esters, and different specialty chemicals. The company has 3 plants in Tarapur, 2 facilities in Taloja and one within the US. Its total put in capability is 138,240 tonne once a year for OSAA, 9,000 TPA for FA/FAE, and 6,990 TPA for specialty chemicals. the corporate spends around I Chronicles of its annual internet sales on analysis and development. it's eighteen patents in India and ten within the US. the corporate earns fifty six of its revenues from exports and rest from the domestic sales.
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