Par Drugs Limited SME IPO Details

Par Drugs Limited incorporated in 1999 based in Gujarat. The company manufacturers more then 18 diffrent products and all the requisite grades as available in market. The products they manufacture are Magnesium Salts, Blended, Dried Aluminum Hydroxide Gel, Amorphous, Silicates, Precipitated Silica, Collodial Silicon Dioxide, Sucralfate USP, Sodium Aluminium Silicate. Their products are manufacture for Indian and International markets as well. They have manufacturing facilities in Ankleshwar and Bhavnagar. They have 6 fine chemical and 12 API products used in 17 countries. The major customers are Dabur India, Meyer Organics, Cadila Healthcare, Cipla, Pfizer and more. Par Drugs ipo is a NSE SME IPO. Par Drugs ipo is starting from 03-May and ends on 08-May. The price band is around ₹51 with 2000 market lot. The ipo size is around ₹8.53 rupees. 

Par Drugs IPO Review:

• Risky

Par Drugs IPO Dates & Price Band:

• IPO Open: 03-May-2019
• IPO Close: 08-May-2019
• IPO Size: Approx ₹8.53 Crore
• Face Value: ₹10 Per Equity Share
• Price Band: ₹51 Per Equity Share
• Listing on: NSE SME
• Shares: 1,672,000
• Retail Portion: 50%

Par Drugs IPO Market Lot:

• Shares: Apply for 2,000 Shares (Minimum Lot Size)
• Amount: ₹1,02,000

Par Drugs IPO Allotment & Listing:

• Basis of Allotment: 13-May-2019
• Refunds: 14-May-2019
• Credit to demat accounts: 15-May-2019
• Listing: 16-May-2019

Financial Results:

₹ in Crore
	Revenue	Expenses	PAT
2015	-	-	-
2016	-	-	-
2017	48.81	45.63	1.85
2018	42.42	39.86	1.50
2019	46.41	43.13	2.42

Par Drugs IPO Allotment Status:

• IPO Allotment Status
  

Company Promoters:

• Falgun Vallabhbhai Savani
• Jignesh Vallabhbhai Savani

IPO Registrar:

Link Intime India Private Ltd

C 101, 247 Park, L.B.S.Marg,

Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Email: pardrugs.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

IPO Lead Managers:

• PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Company Address:

Par Drugs and Chemicals Limited

805, Dwarkesh Complex,

R.C. Dutt Road,

Alkapuri, Vadodara-390 007,

Phone: +91 265 2332018

Email: cs.sanket@pardrugs.com

Website: http://pardrugs.com