FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Ganga Pharmaceuticals IPO is a fixed price issue of Rs 1.54 crores.
Ganga Pharmaceuticals IPO bidding started from January 29, 2016 and ended on February 9, 2016. The shares got listed on BSE SME on February 22, 2016.
Ganga Pharmaceuticals IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
First Overseas Capital Limited is the book running lead manager of the Ganga Pharmaceuticals IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Ganga Pharmaceuticals IPO RHP for detailed information.
IPO Date | January 29, 2016 to February 9, 2016 |
Listing Date | February 22, 2016 |
Face Value | ₹10 per share |
Price | ₹15 per share |
Lot Size | 8000 Shares |
Total Issue Size | 1,024,000 shares (aggregating up to ₹1.54 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 3,037,500 |
Share holding post issue | 40,615,000 |
Market Maker portion | 56,000 shares |
Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 8000 | ₹120,000 |
Retail (Max) | 1 | 8000 | ₹120,000 |
Lot Size Calculator |
The promoters of the company are:
1. Mr. Bharat B. Sharma
2. Mrs. Srijana B. Sharma
Share Holding Pre Issue | 91.05% |
Share Holding Post Issue | 68.09% |
Incorporated in 1994, Ganga Pharmaceuticals Ltd (GPL) is engaged in production of quality Bulk Ayurvedic Medicines in Mumbai. Apart from manufacturing, the company is also into marketing, distribution of Bulk Ayurvedic Medicines all over Maharashtra.
Company is manufacturing the following proprietary products:
1) Ampachan Vati;
2) Khadira Vati;
3) Nirmalaya churna
Company's products are available in liquid dosage form and solid dosage forms. Liquid dosage form includes Oil-based products and solid dosage forms includes Powder-based products, Tablets, and Pills.
KPI | Values |
---|---|
RoNW | 1.27% |
The object of the issue are to:
1. Enhance Company‘s visibility, brand name for future growth opportunities;
2. Creating a public trading market for the Equity Shares of the Company by listing them on BSE;
3. General corporate expenses;
4. To meet the expenses of the Issue.
[Dilip Davda]
Issue is aggressively priced. Only risk savvy investors may consider investment for long term.
Read detail review...Listing Date | February 22, 2016 |
BSE Script Code | 539680 |
NSE Symbol | |
ISIN | INE615T01017 |
Final Issue Price | ₹15 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹15.00 |
₹14.50 |
₹14.50 |
₹14.50 |
₹14.50 |
Ganga Pharmaceuticals Ltd
1 - A, 802, N.G. Suncity Ph II,
Kandivali East,
Mumbai 400101,Maharashtra
Phone: +91 250 609 8333/444
Email: ayurvedganga@gmail.com
Website: http://www.ayurvedganga.com
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide
Ganga Pharmaceuticals IPO is a SME IPO of 1,024,000 equity shares of the face value of ₹10 aggregating up to ₹1.54 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
The IPO opens on January 29, 2016, and closes on February 9, 2016.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Ganga Pharmaceuticals IPO opens on January 29, 2016 and closes on February 9, 2016.
Ganga Pharmaceuticals IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.
You can apply in Ganga Pharmaceuticals IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Ganga Pharmaceuticals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ganga Pharmaceuticals IPO allotment status.
Dilip Davda
SEBI registered Research Analyst
Mumbai
Read my IPO Reviews
Useful Articles
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|