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GreenSignal Bio Pharma Ltd IPO Message Board (Page 20)

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Mahesh Purohit
6. Mahesh Purohit  Nov 1, 2016 9:45:15 PM
only 10% reserved for Retail.....Less chances of allotment ...but can expect good gains
jay sardar
5. jay sardar  Nov 1, 2016 9:33:26 PM
kostak prise ?
jay sardar
4. jay sardar  Nov 1, 2016 9:32:50 PM
How Many IPO Comeing in 2017 ?
Pallavi
3. Pallavi  Nov 1, 2016 9:10:54 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
Retail 10% ,
allottment r very tuff,
i will sell in grey
Pallavi
2. Pallavi  Nov 1, 2016 9:10:54 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
Retail 10% ,
allottment r very tuff,
i will sell in grey
Prashant k
1. Prashant k  Nov 1, 2016 6:25:35 PM
*GREENSIGNAL BIO PHARMA :OPENS ON 9 nov , 2016*

*IPO of Chennai based ,GreenSignal Bio Pharma is expected to open on 9th November 2016 and will close on 11 November 2016*

Short Note about the Company:
GreenSignal Bio Pharma was incorporated as a Private Limited company in 2005 and became a Public Limited company in 2016. GSBPL was started with a vision of contribution to the well being of human beings by focusing on preventive health care products in particular vaccine. GSBPL is currently into production and supply of BCG Vaccine. After having stabilized in this space GSBPL wants to foray into other preventive and curative vaccine manufacturing.
GSBPL seeks to position itself as facilitator of R&D and augmenting the efforts of other players in this field (funded R&D and contract manufacturing)
It is one of the four companies worldwide who have been WHO-prequalified to supply the BCG vaccine to UNICEF.It has also secured a long term arrangement with UNICEF to supply the BCG vaccine.Vaccines manufactured by the GreenSignal Bio Pharma Limited are being used in 17 countries across the globe in their national immunization programs, saving millions of lives throughout the world.
Besides manufacturing, a Research and Development Laboratory for carrying out clinical trials and pilot projects in seed development, vaccine manufacturing etc., is being set-up at the TICEL Park, Chennai, Tamil Nadu, India.
Products in Pipeline :a) MMR: Measles ,b) Mumps,c) Rubella.d) TETANUS (TT),e) RABIES
Greensignal Bio Pharma plans to sell 14,579,560 equity shares through an offer for sale (OFS) in the IPO. The offer will represent 38% of its equity share capital.The company has received SEBI approval on September 9,2016. The shares will be offered through book-building process.*
Suresh bhai
7.1. Suresh bhai  Nov 1, 2016 7:51:31 PM
Prashanth Ji what is the price
Atul Kumar
7.2. Atul Kumar  Nov 1, 2016 8:40:55 PM
This being an offer on sale, the IPO money will go to promotors and nothing will come to company.The sale of the company in the last FY was only 20 cr with around 5 cr net profit.With an equity of 38 cr plus, the last year eps is hardly 1.4.let us see at what price company offers the shares as every thing is bad beyond a certain price.