Bafna Pharmaceuticals Limited IPO Message Board (Page 12)

Today I visited Bafna Factory . It is great. It is near highway
land worth should be minimum 10cr.

BAFNA LISTING AROUND 45/- .DNT SELL. PRICE TARGET 55

raj sahab ab kuch nahin ho sakta,agar koi bhi karan se aapka chque return ho gaya to aabp ki bus chut gayee

Bafna will list minimum at rs. 60. and will go up to 80 if market will be in favour.

Bafna listing around 23rd. Retails 84% subs. allotment around 13th. For long term price will touch 150.00.

i have applied for bafna pharma (what should i do if markets r going down) will it open in discount

Prakash ji,
Ab mujhe kya karna chahiye so that the cheque could be presented for payment. please show me way becoz u r the most experienced person available for me.
with regards

raj sahab, sabka cheque to present ho gaya ab to allotment ki baari hai mere khyal se listng 23 24 june tak ho jaayegi grey mkt premium 7-8

This is the first fixed price IPO i have applied(450 shares - 18K) for. I have seen that fixed price IPO's with low issue price have done very well. I hope Bafna doesnt disappoint me...

When is the allotment date for Bafna IPO. I have applied for 1950 shares. How many shares i will get?

I APPLIED FOR 300 SHARE...HOW MANY I WL GET?

prakashipo ji,
bafna ipo ke liye jo cheque humne diya tha, abhi tak clear hone ke liye mere a/c mein nahi aya hai. kya apke a/c se debit ho gaya please confirm karein.
thanks.

I have submitted the for with HDFC Bank, K.G. Marg Branch, New Delhi, but the cheque has not been presented to my bank till date.
Please let me know what to do?

What is the Bafna Allotment Date

Bafna Pharmaceuticals Limited IPO Allotment :

Allotment expectation is 2400 (firm) shares for the application of 1 lakh (maximum) in the retail category.
Bafna Pharmaceuticals Limited - allotment is due on 15 - 16 June.

I applied 450 shares for rs-18000.00, how much share i get. tell me.

wil v get share ramdomly? or in the propotion of it was subcribed?

when will allotment be done in bafna pharma?

if you apply for 2400 share (1 lakh rs application), i think you get more than 480 share, thanks, pls speak true

Initial Public Offer of Bafna Pharmaceuticals Limited (Bafna), a multi-product pharmaceutical formulations company in diverse therapeutic segments has been subscribed about 4.96 times, as against 64, 00,000 shares offered. The IPO closed for subscription on 30th May 2008.



The Chennai based Bafna is engaged in the manufacturing of Betalactum and Non-Betalactum pharmaceutical formulations in tablets, capsules and liquid forms. The Company manufactures 126 formulations under various therapeutic segments such as anti-infective, cholesterol lowering agents, analgesic and antipyretic, antihelmintics, appetite stimulants, cough & cold preparations, antiulcerants anti diabetic and vitamins etc.



The proceeds of the issue would be utilized towards brand building exercise in domestic market. Further, it intends to register the Company, products and create brand in international markets. Bafna would also strengthen up R&D facility at its Grantlayon plant besides getting MHRA certification. It is also proposing to retire high-cost debts through the IPO proceeds.



The proposed issue is lead managed by Keynote Corporate Services Limited and Co-led managed by Ashika Capital Limited. The Registrar to the issue is Cameo Corporate Services Limited. The equity shares of the Company would be listed on Bombay Stock Exchange.