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.
The promoters of the company are:
1. Atul Vasani
2. Jagruti Vasani
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||66.37||(3.03)||16.15||30.05||60.00|
The objects to the Issue are:
1. Working Capital requirements;
2. General Corporate Purposes.
»» Issue Open: Aug 7, 2017 - Aug 10, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size: 1,976,000 Equity Shares of Rs 10 aggregating up to Rs 14.23 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 71 - Rs 72 Per Equity Share
»» Market Lot: 1600 Shares
»» Minimum Order Quantity: 1600 Shares
»» Listing At: NSE SME
Vaishali Pharma IPO Subscription Status tells if Vaishali Pharma IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Vaishali Pharma IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||0||988,000||988,000||1,976,000|
|Day 1 - Aug 8, 2017 17:00 IST||0||180,800||206,400||387,200|
|Day 2 - Aug 9, 2017 17:00 IST||8,000||555,200||574,400||1,137,600|
|Day 3 - Aug 10, 2017 17:00 IST||8,000||1,849,600||1,886,400||3,744,000|
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