Galaxy Surfactants had set a price band of Rs1,470-1,480 per share for the IPO. Photo: iStockphotoMumbai: The Rs937 crore initial public offering (IPO) of speciality chemicals manufacturer Galaxy Surfactants Ltd was subscribed 19.76 times on Wednesday, the last day of the share sale. On the second day, the Galaxy Surfactants IPO was subscribed 4.13 times. Galaxy Surfactants had set a price band of Rs1,470-1,480 per share for the IPO. The Galaxy Surfactants IPO is a pure offer for sale, which will see a total of 307 shareholders, including the promoters, sell 6.33 million shares.

Source: Mint January 31, 2018 15:00 UTC