Galaxy Surfactants IPO GMP History
Galaxy Surfactants IPO has been listed on February 8, 2018 at a listing price of ₹1525, against the issue price of ₹1480 — a gain of ₹45 (+3.04%). The GMP peaked at ₹525 on 25 January 2018 and reached a low of ₹67.5 on 6 February 2018. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Galaxy Surfactants IPO raised ₹937.09 Cr. through its IPO at a price band of ₹1470 to ₹1480 per share, with a lot size of 10 shares. The IPO was open for subscription from 29 Jan 2018 to 31 Jan 2018.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Feb 2018 | ₹ 67.5 | — | 5% | — | — |
| 05 Feb 2018 | ₹ 67.5 | ▼ | 5% | — | — |
| 02 Feb 2018 | ₹ 95 | ▲ | 6% | — | — |
| 01 Feb 2018 | ₹ 77.5 | ▼ | 5% | — | — |
| 31 Jan 2018 | ₹ 190 | ▼ | 13% | — | — |
| 30 Jan 2018 | ₹ 310 | — | 21% | — | — |
| 29 Jan 2018 | ₹ 310 | ▼ | 21% | — | — |
| 28 Jan 2018 | ₹ 437.5 | — | 30% | — | — |
| 27 Jan 2018 | ₹ 437.5 | — | 30% | — | — |
| 26 Jan 2018 | ₹ 437.5 | ▼ | 30% | — | — |
| 25 Jan 2018 | ₹ 525 | — | 35% | — | — |
| 24 Jan 2018 | ₹ 525 | — | 35% | — | — |
| 23 Jan 2018 | ₹ 525 | — | 35% | — | — |
| 22 Jan 2018 | ₹ 525 | — | 35% | — | — |
| 21 Jan 2018 | ₹ 525 | — | 35% | — | — |
Galaxy Surfactants IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 29 Jan 2018
- Close 31 Jan 2018
- Allotment 05 Feb 2018
- Refund/credit 06 Feb 2018
- Listing 08 Feb 2018
Galaxy Surfactants IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹1480 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1547 (+4.5%) |
| Listing gain / loss | +₹45 per share |
| Listing date | 08 Feb, 2018 |
| Actual listing price | ₹1525 (+3.04%) |
Is Galaxy Surfactants IPO GMP reliable?
Grey market premium for Galaxy Surfactants IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Galaxy Surfactants IPO full review for a fundamentals-based assessment before making any grey market trades.
Galaxy Surfactants IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Galaxy Surfactants IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Galaxy Surfactants IPO
Galaxy Surfactants Limited is a Mumbai based maker of surfactants and other speciality ingredients for the personal care and home care industries. Its promoters include Unnathan Shekhar and Gopalkrishnan Ramakrishnan.
Its ingredients are used in consumer products such as skin care, oral care, hair care, cosmetics, toiletries and detergents.
It makes surfactants along with other speciality care ingredients.
The IPO was Rs 937.09 crore and was entirely an offer for sale at Rs 1,480, the top of the Rs 1,470 to Rs 1,480 band, so the company received no money.
Frequently asked
What is the GMP of Galaxy Surfactants IPO?
The current Grey Market Premium (GMP) of Galaxy Surfactants IPO is ₹ 67.5.
What is the Kostak Price of Galaxy Surfactants IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Galaxy Surfactants IPO is not available.
What is the Subject to Sauda Price of Galaxy Surfactants IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Galaxy Surfactants IPO?
Galaxy Surfactants IPO listed on February 8, 2018 at ₹1525, against the issue price of ₹1480 — a gain of +3.04%.
How did the GMP of Galaxy Surfactants IPO trend before listing?
The GMP of Galaxy Surfactants IPO was stable in its final days before listing. The GMP peaked at ₹525 on 25 January 2018. View the day-wise table above for the complete GMP history.
Explore Galaxy Surfactants IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
