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The initial public offering for 63.31 lakh shares of Galaxy Surfactants will open on January 29 and close on January 31.
The IPO is purely an offer-for-sale wherein as many as 307 shareholders, including promoter and promoter-group company, will sell over 63.31 lakh shares of the specialty chemicals maker.
The price band for the offer is ₹1,470-1,480.
Bids can be made for a minimum lot of 10 equity shares and in multiples of 10 equity shares thereafter.
The shares are proposed to be listed on the NSE and the BSE.
The objects of the offer are to achieve the benefits of listing the equity shares on stock exchanges and the sale of equity shares by the selling shareholders, according to the DRHP filed by the company.
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