Ganga Pharmaceuticals Ltd IPO (Ganga Pharmaceuticals IPO) Detail

Jan 29, 2016 - Feb 9, 2016

Incorporated in 1994, Ganga Pharmaceuticals Ltd (GPL) is engaged in production of quality Bulk Ayurvedic Medicines in Mumbai. Apart from manufacturing, the company is also into marketing, distribution of Bulk Ayurvedic Medicines all over Maharashtra.

Company is manufacturing the following proprietary products:

1) Ampachan Vati;
2) Khadira Vati;
3) Nirmalaya churna

Company's products are available in liquid dosage form and solid dosage forms. Liquid dosage form includes Oil-based products and solid dosage forms includes Powder-based products, Tablets, and Pills.

Objects of the Issue

The object of the issue are to:

1. Enhance Company‘s visibility, brand name for future growth opportunities;
2. Creating a public trading market for the Equity Shares of the Company by listing them on BSE;
3. General corporate expenses;
4. To meet the expenses of the Issue.

Ganga Pharmaceuticals IPO Details

IPO Date Jan 29, 2016 to Feb 9, 2016
Listing Date Monday, February 22, 2016
Face Value ₹10 per share
Price ₹15 per share
Lot Size 8000 Shares
Issue Size1,024,000 shares of ₹10
(aggregating up to ₹1.54 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Mr. Bharat B. Sharma
2. Mrs. Srijana B. Sharma

Ganga Pharmaceuticals IPO Lot Size

The Ganga Pharmaceuticals IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 8000 ₹120,000
Retail (Max) 1 8000 ₹120,000

Ganga Pharmaceuticals IPO Review

Issue is aggressively priced. Only risk savvy investors may consider investment for long term.

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Ganga Pharmaceuticals IPO Prospectus

Ganga Pharmaceuticals IPO Rating

Rating:Rated 3.5 stars
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Ganga Pharmaceuticals IPO Listing Date

Listing Date Monday, February 22, 2016
BSE Script Code 539680
NSE Symbol
Listing In MT Group of Securities
ISIN INE615T01017
IPO Price ₹15 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Ganga Pharmaceuticals Ltd
1 - A, 802, N.G. Suncity Ph II,
Kandivali East,
Mumbai 400101,Maharashtra
Phone: +91 250 609 8333/444

Ganga Pharmaceuticals IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

Ganga Pharmaceuticals IPO Review

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Ganga Pharmaceuticals IPO FAQs

Ganga Pharmaceuticals IPO is a SME IPO of 1,024,000 equity shares of the face value of ₹10 aggregating up to ₹1.54 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.

The IPO opens on Jan 29, 2016, and closes on Feb 9, 2016.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Ganga Pharmaceuticals IPO opens on Jan 29, 2016 and closes on Feb 9, 2016.

Ganga Pharmaceuticals IPO lot size is 8000 Shares and the minimum order quantity is .

You can apply in Ganga Pharmaceuticals 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.

The finalization of Basis of Allotment for Ganga Pharmaceuticals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ganga Pharmaceuticals IPO allotment status.

The Ganga Pharmaceuticals IPO listing date is on Monday, February 22, 2016.
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Ganga Pharmaceuticals IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



7. dipak |   Link |Feb 17, 2016 10:15:10 AM
Bjp govt is doing nothing apart from gv his long gyaaaaan and bhaiyo and beheno................complty disgusting gvt
6. Jugendra Singh |   Link |Feb 17, 2016 7:22:44 AM
Very Bed
5. Vaibhav |   Link |Feb 9, 2016 11:42:41 PM
Dilip ji please Update the New SME ipo :- YLPH EDUCATION SOLUTIONS LIMITED
5.1. Vaibhav |   Link |Feb 9, 2016 11:43:53 PM
4. kiran |   Link |Jan 29, 2016 3:52:07 PM
How to buy this, i dont this ipo see in HDFCSEC ipo list.
3. kiran |   Link |Jan 29, 2016 3:51:16 PM
How to buy this, i dont see HDFCSEC ipo list.
2. Dilip Davda |   Link |Jan 25, 2016 12:54:01 PM
Ganga Pharma BSE SME IPO opening and closing dates deferred to 29.01.16 to 09.02.16. Please make a note of this

Dilip Davda

Dilip Davda
SEBI registered Research Analyst

Read my IPO Reviews

1. Septa |   Link |Jan 23, 2016 7:49:55 PM
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
i just read the prospects they r asking 109 PE...... big avoid better SME pharma companies with PE 10 is available which i have in portfolio
1.1. arbandyo |   Link |Jan 28, 2016 4:49:24 PM
septa sir do u see pharma sector is a good buy in this juncture more precisely in the global turmoil,if u could name some of SME pharma to bet on.