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Vaishali Pharma IPO is a book build issue of ₹14.23 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹14.23 crore.
Vaishali Pharma IPO bidding started from Aug 7, 2017 and ended on Aug 10, 2017. The shares got listed on NSE SME on Aug 22, 2017.
Vaishali Pharma IPO price band is set at ₹72.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,13,600 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,30,400.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Pantomath Stock Brokers Pvt.Ltd..
Refer to Vaishali Pharma IPO RHP for detailed Information.
| IPO Date | August 7, 2017 to August 10, 2017 |
| Listing Date | August 22, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹71 to ₹72 per share |
| Issue Price Final | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 19,76,000 shares (aggregating up to ₹14.23 Cr) |
| Reserved for Market Maker | 1,04,000 shares Pantomath Stock Brokers Pvt.Ltd. (aggregating up to ₹0.7488 Cr) |
| Net Offered to Public | 18,72,000 shares (aggregating up to ₹13.48 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 46,15,385 shares |
| Share Holding Post Issue | 65,91,385 shares |
Vaishali Pharma IPO offers total 19,76,000 shares. Out of which 9,36,000 (47.37%) allocated to NII, 9,36,000 (47.37%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,04,000 (5.26%) |
| NII (HNI) Shares Offered | 9,36,000 (47.37%) |
| Retail Shares Offered | 9,36,000 (47.37%) |
| Total Shares Offered | 19,76,000 (100.00%) |
Vaishali Pharma IPO opens on August 7, 2017, and closes on August 10, 2017.
| IPO Open Date | Mon, Aug 7, 2017 |
| IPO Close Date | Thu, Aug 10, 2017 |
| Tentative Listing Date | Tue, Aug 22, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Aug 10, 2017 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,15,200 |
| Retail (Max) | 1 | 1,600 | ₹1,15,200 |
| HNI (Min) | 2 | 3,200 | ₹2,30,400 |
Incorporated in 2008, Vaishali Pharma Ltd is a pharmaceutical company engaged in pharmaceutical formulations, APIs, surgical products, veterinary supplements, herbal & nutraceutical products. They are operating both in domestic and export markets. They have also established office in the Vietnam. At present they are supplying in around 10 countries.
In domestic markets, they are majorly into trading of APIs whereas in export markets, they are into trading and marketing of APIs, formulations, surgical products and others. Recently they have applied for 186 registrations in 13 countries for some of their products and received 71 approvals from 7 countries.
They export Formulations, Surgical & APIs to Kenya, Sri Lanka, Russia, DR Congo, Myanmar, Tajikistan, Bangladesh, Kazakhstan, Cameroon, Jordan, Burkina -Faso, Nicaragua, Senegal, Pakistan, Ukraine, Yemen, Cambodia, Turkey, Congo, Zimbabwe, Ethiopia, Tanzania, Vietnam, Armenia, Costa Rica, Nigeria, C.A.R. and Guinea-Bissau.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 4464.87 | 4941.31 | 4579.50 | 5342.97 | 4858.17 | |
| Total Revenue | 6711.22 | 6989.13 | 9882.37 | 12156.90 | 11909.85 | |
| Profit After Tax | 66.37 | (3.03) | 16.15 | 30.05 | 60.00 | |
The Company Vaishali Pharma IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital Requirement | 13.00 |
| 2 | General corporate purposes | 0.63 |
[Dilip Davda] Exorbitantly priced issue with declining top lines is a high risk bet, hence no harm in giving it a miss. Read detail review...
| Listing Date | August 22, 2017 |
| BSE Script Code | |
| NSE Symbol | VAISHALI |
| ISIN | INE972X01014 |
| Final Issue Price | ₹72 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹71.90 |
| Low | ₹66.55 |
| High | ₹73.00 |
| Last Trade | ₹70.35 |
Vaishali Pharma Ltd.
706 to 709 7th Floor,
Aravali Business Centre,
Borivali(W) ,
Mumbai, Maharashtra, 400092
Phone: + 91-22-28928833
Email: investor@vaishalipharma.com
Website: http://www.vaishalipharma.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Vaishali Pharma IPO is a SME IPO of 19,76,000 equity shares of the face value of ₹10 aggregating up to ₹14.23 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on August 7, 2017, and closes on August 10, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vaishali Pharma IPO using UPI as a payment gateway. Zerodha customers can apply in Vaishali Pharma IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vaishali Pharma IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vaishali Pharma IPO opens on August 7, 2017 and closes on August 10, 2017.
Vaishali Pharma IPO lot size is 1600, and the minimum amount required for application is ₹1,15,200.
You can apply in Vaishali Pharma IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vaishali Pharma IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vaishali Pharma IPO allotment status.
The Vaishali Pharma IPO listing date is on Tuesday, August 22, 2017.
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