Vaishali Pharma Ltd IPO

Last Updated-Aug 20, 2017 @ 11:56 am

vaishali pharma 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


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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.


1. Working Capital requirements;
2. General Corporate Purposes.


1. Atul Vasani
2. Jagruti Vasani

Source: DRHP


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

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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;

Source: NSE


Vaishali Pharma allotment is out. You can check it here.


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