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Incorporated in May 1986, Galaxy Surfactants Limited is all set to hit the primary market. This is the 4th mainstream IPO of 2018. Previous IPOs namely  Apollo Micro System   listed with 70% premium registering sign of  bull sentiments of IPO market. Those who were allotted the share must have danced in joy on listing day. Other two IPOs Newgen Software and Amber Enterprises results are yet to be declared. Having seen the subscription performance, the sentiments suggest that both shares will listed at reasonable premium.  Galaxy Surfactants Limited Issue details: Object of the issue : The company shall not receive any proceeds as it is 100% Offer For Sale arrangement. The object of the offer is to achieve the benefits of listing the Equity Shares on the stock exchanges and the sale of Equity Shares by selling shareholders. Further, the company expects that listing of Equity Shares will enhance its visibility and brand image and provide liquidity to its existing shareho

Amber Enterprises India Limited IPO is the third mainstream IPO of 2018. The issue is opening on the next day of issue opening of  Newgen Software . Open date January 17, 2018 and closing on January 19,2018. The tentative dates of allotment and listing are January 29, 2018 and January 30,2018. The allotment status can be checked on this link  http://karisma.karvy.com . The first IPO of 2018- Apollo Micro Systems received an overwhelming response, subscribed by 248 times approx. It was a good sign of carried forward bull sentiments in the IPO market. In December 2017, Future Supply IPO clashed with Shalby Ltd IPO. Future Supply IPO opened on the very next day of Shalby Limited which impacted poor subscription response to Shalby though fundamentals of both companies are very strong. On the last day, Shalby managed to subscribe merely 3 times while Future Supply outperformed by 8 times subscription. Both shares listed at marginal premium. However, later on Shalby slipped into furthe

Newgen  Software Technologies Ltd is going to make its debut in the equity market on January 16,2018. The issue is closing on January 18,2018. The tentative dates of allotment and listing are  January 26, 2018 and January 28, 2018 respectively. Allotment status can be checked on this link http://karisma.karvy.com. The company has set price range between Rs. 240 - Rs.245 and minimum application lot is 61 shares. Newgen is a software products company offering a platform that enables organization to rapidly develop powerful applications addressing their strategic business needs. The applications created on the company’s platform enables the organizations to drive digital transformation and competitive differentiation. I ts customers use its platform to rapidly design, build and implement enterprise grade custom applications through its intuitive, visual interface with minimal coding. Its platform comprises of: Enterprise Content Management (ECM): Its OmniDocs Enterprise Content

Incorporated in March 1997, Apollo Micro Systems Limited IPO opens on January 10,2018 and closes on January 12,2018. The tentative dates of allotment and listing are January 19, 2018 and January 22, 2018 respectively. The allotment status can be checked on this link http://www.bigshareonline.com.  The company is raising 153 Crore through issue of fresh shares. The company is highly working capital intensive and funds the majority of its working capital requirements in the ordinary course of business from its internal accruals and financing from various banks and financial institutions. After deducting the issue related expenses, the company shall utilize approx. Rs. 119 Crore to meet its working capital requirement and balance for general corporate purposes.  Promoted by Mr Karunakar Reddy Baddam, Apollo Microsystem is an electronic, electro – mechanical, engineering designs, manufacturing and supplies company. It designs, develops and sells high-performance, mission and time