Chandra Bhagat Pharma Ltd IPO (CBC Pharma IPO) Detail

Jan 31, 2020 - Feb 6, 2020

Incorporated in 2003, Chandra Bhagat Pharma Limited is engaged in the marketing of lifesaving medicines in India such as Cardiovascular, Antineoplastic, Antibiotics and Hormones medicines. They provide pharmaceuticals and special chemical products in the Indian and international market.

The company has own sales force and distribution network to work under the brand name and supply products to the Health care center and Hospital. Chandra Bhagat Pharma also deals in import, supply and indenting in Active Pharmaceuticals Ingredients (API) and the intermediate.

The company has FDA approval to get formulations manufactured from a contract manufacturer. It has a presence for formulations in some therapeutic categories such as Anesthesia, Cardiovascular, Anti-cancer (Oncology), Pediatrics, Nephrology, Antiviral, Anti-fungal, and Neurology. The warehouses/ storage houses of the company are on lease agreements at Bhiwandi- Thane, Maharashtra.

Chandra Bhagat Pharma also exports Pharmaceutical Formulations to other countries like DR Congo, Bolivia and Philippines.

Competitive Strengths

1. Customer centric and order driven business model
2. Relationships with MNCs
3. Wide product portfolio including API and pharmaceuticals
4. Contract manufacturing facility
5. Presence in India and international market

Company Promoters:

Mr. Hemant Chandravadan Bhagat and Mr. Pranav Hemant Bhagat are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (₹ in Lakhs)
30-July-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 8,594.26 8,285.52 5,805.76 5,589.60
Total Revenue 3,344.50 10,671.83 9,773.41 9,028.11
Profit After Tax 24.88 62.59 103.38 66.03

Objects of the Issue:

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Incremental Working Capital Requirements;
2. Setting up Distribution and Warehousing Centre's;
3. General Corporate Purpose;
4. To meet Public Issue Expenses

CBC Pharma IPO Details

IPO DateJan 31, 2020 - Feb 6, 2020
Issue TypeFixed Price Issue IPO
Issue Size2,000,000 Eq Shares of ₹10
(aggregating up to ₹10.20 Cr)
Face Value₹10 per equity share
IPO Price₹51 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE SME
P/E (x)51
Market Cap (₹ Cr.)38.48

CBC Pharma IPO Tentative Date / Timetable

Bid/Offer Opens OnJan 31, 2020
Bid/Offer Closes OnFeb 6, 2020
Finalisation of Basis of AllotmentFeb 11, 2020
Initiation of RefundsFeb 13, 2020
Credit of Shares to Demat AcctFeb 13, 2020
IPO Shares Listing DateFeb 14, 2020

CBC Pharma IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹102,000
Maximum12000₹102,000

CBC Pharma IPO Promoter Holding

Pre Issue Share Holding96.72%
Post Issue Share Holding71.08%

CBC Pharma IPO Subscription Status (Bidding Detail)

CBC Pharma IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

950,000

950,000

1,900,000

Feb 6, 2020 18:45

1.87x

1.44x

1.65x

CBC Pharma IPO Prospectus

CBC Pharma IPO Rating

91
3.5
Rating:Rated 3.5 stars

Vote Here ...

CBC Pharma IPO Listing Date

Listing DateFriday, February 14, 2020
BSE Script Code542934
NSE Symbol
Listing InMT
ISININE07QQ01016
IPO Price₹51 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹51.00
₹51.70
₹51.00
₹52.10
₹51.75
778,000

CBC Pharma IPO Reviews / Ratings

Company Contact Information

Chandra Bhagat Pharma Ltd
323-F Bhagat Bhuvan,
Dr. Ambedkar Road,
Matunga (East) Mumbai- 400019

Phone: +91 22 2414 6154
Email: compliance@cbcpharma.net
Website: http://cbcpharma.com/

CBC Pharma IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: cbpl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

CBC Pharma IPO FAQs

  1. What is CBC Pharma IPO?

    CBC Pharma IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹10.20 Crores. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares.

    The IPO opens on Jan 31, 2020, and closes on Feb 6, 2020.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. When CBC Pharma IPO will open?

    The CBC Pharma IPO opens on Jan 31, 2020 and closes on Feb 6, 2020.

  3. What is the lot size of CBC Pharma IPO?

    CBC Pharma IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

  4. How to apply for CBC Pharma IPO?

    You can apply in CBC Pharma IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When CBC Pharma IPO allotment?

    The finalization of Basis of Allotment for CBC Pharma IPO will be done on Feb 11, 2020, and the allotted shares will be credited to your demat account by Feb 13, 2020. Check the CBC Pharma IPO allotment status.

  6. When is CBC Pharma IPO listing date?

    The CBC Pharma IPO listing date is on Friday, February 14, 2020.

CBC Pharma IPO Message Board

Ranked Members  Ranked Members

Loading...
23. RAJAKUMAR |Feb 17, 2020 10:49
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Dear Small
Sold 4 lot at 51.8
one lot holding, Now placed order at 51
22. Small Investor |Feb 14, 2020 15:26
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
Selling pressure now active , exit if any hold
21. Small Investor |Feb 14, 2020 11:11
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
Dear Raja
You Sold your 5 lot or Hold , Listing bellow Expected
20. Dinesh Singh |Feb 14, 2020 10:56
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Sold @ 52.10 one lot.
20.1. Small Investor |Feb 14, 2020 11:08
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
SOLD @ 52
19. Johny |Feb 14, 2020 05:51
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
All the best to all for a good listing!
18. RAJAKUMAR |Feb 13, 2020 13:08
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Dear Small
I got 5/8
17. RAJAKUMAR |Feb 13, 2020 13:07
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Dear Small
Rs 1.5 to 2.5 listing premium possible.
16. BLR |Feb 13, 2020 08:55
0/2 ( No allotment )
15. Dinesh Singh |Feb 12, 2020 10:56
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Allotted 1 lot. Amount debited from bank.
15.2. Small Investor |Feb 12, 2020 17:34
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
Listing May be On 13th Feb ?,In Last FPO and Janu Corp also List before tentative date
So Keep Touch Top IPO Site

Name of the company Chandra Bhagat Pharma Limited
Scrip Code : 542934
Symbol :CBPL
ISIN No:.INE07QQ01016


Listing Possible Tomorrow ?






15.3. Dinesh Singh |Feb 12, 2020 21:59
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Listing is on 14th...
Confirm by chittorgarh.
14. Johny |Feb 12, 2020 11:33
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
https://linkintime.co.in/IPO/public-issues.html link to check allotment
13. Hiteshji |Feb 11, 2020 16:59
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Tomorrow allotment..
13.1. Splendid |Feb 11, 2020 17:38
Top Contributor Top Contributor (200+ Posts)
I got amount deduction message from Bank. So allotment done.
12. IPO FEVER |Feb 9, 2020 12:33
Cbc pharma grey Mkt premium 2/- Buyer
12.2. IPO FEVER |Feb 10, 2020 19:02
Ahmedabad
12.3. traderji |Feb 10, 2020 19:45
how / from where we got this premium details.
11. Dinesh Singh |Feb 6, 2020 12:38
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Please don't apply in this.
HNI will not go above 3 times.
11.2. Dinesh Singh |Feb 6, 2020 13:30
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Don't go by track record. See the subscription and then apply.
11.3. Small Investor |Feb 6, 2020 14:34
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
I take risk and applied in CBC also for 1 lot
10. Sayan |Feb 6, 2020 14:02
We should not compare a 10cr IPO with a 4cr IPO. 1.5times NII subscription in 10cr IPO is more than 3times NII in 4cr IPO. and there is LM with good track record who can play vital role on listing day.
9. K joshi |Feb 4, 2020 20:17
NII show good response and may give good return in long term
9.1. Darsh ipo |Feb 6, 2020 00:08
Listing game milna chahiye....sme bahut kam log long term hold karte hain...
8. Dinesh Singh |Feb 4, 2020 20:49
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Please don't apply unless HNI subscribes more than 3 times.
8.1. K joshi |Feb 5, 2020 14:13
Hni is oversubscribed 3 times
8.2. K joshi |Feb 5, 2020 14:15
Sorry it is 1.50 times and not 3
Type mistake
7. K joshi |Feb 5, 2020 11:33
Transway techno gave 10 % listing gain for small investors and SME will give normally same return.
CBC may do well as rightly NII have good response.
6. RAJAKUMAR |Jan 31, 2020 00:20
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Dear Small
Eps for 2019 Mar is 1.17 pe is 43
Eps 0.46 as on July 19 and pe 110
RONW IS 4.71 as March 19 and July 1.84 (after issuing bonus shares at 7:1)
Nav as on July 19 is 25 against issue price of 51
Peer group Earum Pharma trading at 0.84 pe and Vishali Pharma 24 pe trading much lower than Candra is coming at pe of 110 (As on July 19)
Shareholder Fund is 14 Cr. (July 19)
Long term Debt is 9 Cr. and short term debt is 17Cr.
Debt is two times more than shareholder fund which is quite high.
Debt/Equity Ratio is 2.05 and it will reduce to 1.25 after issue. DRHP 168
Litigation by company is 2 (DRHP 168)
Litigation against company is 4 (involves 2 Dishonour cheque involves 27 lakh and 2.4 lakh
other 2 cases involves 11 lakh and 38 lakh.
Pending Litigation (drhp 170)
4 out of 3 is against Govt. of India. Other litigation (DRHP 170 TO 179)
Dear Small
Lot of litigation against company but amount involves is not much.
Drhp 170 to 179 no time to read other litigation
LM is Beeline so i will apply. Because so for three issues handled and all listing positive.
Since Sme stock dont look financial and other things, we need listing gain only.
That may happen i think so.
I will take risk and apply 2 application.




6.1. K joshi |Feb 4, 2020 20:11
Very true
When beeline sure investors will earn
5. K joshi |Feb 4, 2020 20:10
NII is giving good response. CBC has done awareness for IPO and market become good today. Long term good
4. Small Investor |Jan 31, 2020 14:19
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
NII is rocking Now
4.2. Small Investor |Feb 3, 2020 17:59
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
WAIT TILL 6TH ON LAST DAY OF IPO CLOSING
4.3. K joshi |Feb 4, 2020 10:21
May be NII have long term strategy as HepA product will hv big demand and improve profit







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