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Subscribe Galaxy Surfactants IPO: MLR Securities

MLR Securities has recommended investors with high risk appetite to Subscribe to the issue for long term time frame, in its research report.

May 17, 2011 / 14:42 IST
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Galaxy Surfactants manufactures surfactants and specialty chemicals in India for the personal and home care industry. The company has entered capital market with its initial public offering of 59.3 lakh equity shares. MLR Securities has recommended investors with high risk appetite to Subscribe to the issue for long term time frame, in its research report.

Its products cater to the some of the largest global brands in the FMCG sector and find applications in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care segments. Few of the global customers are Beiersdorf, Ecolab, Henkel, Diversey, L
first published: May 15, 2011 10:43 am

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