Vaishali Pharma Ltd IPO
♦ ISSUE PERIOD : 7-August-2017 to 10-August-2017
♦ PRICE: Rs 71 to Rs 72
♦ Lot Size: 1600 Shares
♦ Issue Size: 1,976,000
♦ Listing at: NSE SME
Vaishali Pharma Ltd. was founded in the year 1989. It has achieved the Export House status through unwavering dedication, consistent efforts and endless innovation.
Legitimacy of their product’s quality has been certified by ISO 9001:2008 certification for the Quality Management from BM Trada UKAS and Credit Rating Certification from NSIC CRISIL.
Dedicated to developing Pharmaceutical Formulations, API’s, Surgicals, Veterinary, Herbal & Nutraceutical Products; they aim to deliver unique value to patients and societies all around the world.
Adapting quickly to the ever-evolving demands, they have emerged as one of the fastest growing organization in the pharmaceutical industry across the globe.
With their headquarters located amidst the economic hub of India, Mumbai, they have established their offices in Kenya, Turkey & Vietnam. Further widening their reach overseas, they have made a joint venture with D.R. Congo based company.
Vaishali Pharma Ltd. believes, “Quality is an ongoing process of building and sustaining relationships”. their strong commitment of providing quality products is boasted by in-depth industry knowledge, well-qualified team of professionals, as well as hi-tech and advanced infrastructure. Resultantly, creating mutually beneficial associations for all the parties involved.
OBJECTS OF THE ISSUE:
1. Working Capital requirements;
2. General Corporate Purposes.
PROMOTERS OF THE COMPANY:
1. Atul Vasani
2. Jagruti Vasani
As on 10-Aug-2017 17:00:00 IST
|Total Issue Size||1976000|
|Total Bids Received||3744000|
|Total Bids Received at Cut-off Price||521600|
|No. of times issue is subscribed||1.89|
|Issue Period||07-Aug-2017 to 10-Aug-2017|
|Post issue Modification Period||11-Aug-2017 (between 10.00 a.m. to 1.00 p.m. only)|
|Issue Size||Public issue of 19,76,000 Equity Shares (including Market Maker reservation portion of 1,04,000 equity shares)|
|Issue Type||100% Book Building|
|Price Range||Rs 71 to Rs 72|
|Face Value||Rs 10|
|Tick Size||Rs 1|
|Market Lot||1600 Equity Shares and in multiples thereof|
|Minimum Order Quantity||1600 Equity Shares|
|Maximum Subscription Amount for Retail Investor||Rs. 2,00,000|
|IPO Market Timings||10.00 a.m. to 5.00 p.m.|
|Book Running Lead Managers||Pantomath Capital Advisory Private Limited|
|Categories||FI, IC, MF, FII, OTH, CO, IND, and NOH|
|Name of the Registrar||Bigshare Services Private Limited|
|Address of the Registrar||E/2, Ansa Industriasl Estate, Saki Vihar Road, Saki Naka, Andheri (East), Mumbai - 400 072, Maharashtra, India|
|Contact person name number and Email id||Mr. Srinivas Dornala, +91 22 4043 0200; firstname.lastname@example.org|
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