GreenSignal Bio Pharma Ltd IPO (GreenSignal Bio Pharma IPO) Detail

Nov 9, 2016 - Nov 22, 2016

Incorporated in 2005, GreenSignal Bio Pharma is Chennai based pharmaceutical company engaged in the development, manufacture and sale of the BCG vaccine. source chittorgarh.com, India's No. 1 IPO Investment Portal. GreenSignal is an Indian vaccine manufacturing company with global operations. The products company manufacture includes a BCG vaccine and BCG-ONCO, an immunotherapy drug. The immunotherapy drug is used in the treatment of urinary bladder cancer.

Both vaccines produced by GreenSignal are generic drugs and company do not require any patents for the same.

GreenSignal has a long term contract with UNICEF to supply the BCG vaccine to UNICEF. GreenSignal is among 4 companies worldwide who have been WHO-prequalified to supply the BCG vaccine to UNICEF. Other customers include Indonesia, Nepal and Ministry of Health, India.

GreenSignal Pharma business is organized into domestic and international operations. For FY 2016, GreenSignal's domestic and international operations accounted for 53.79% and 46.20%, respectively, of its net revenues from operations. Visit chittorgarh.com for more detail.

GreenSignal Bio have a manufacturing facility located at Pappankuppam Village, Gummidipoondi, Tiruvallur District, Tamil Nadu.

Company Promoters:

The promoters of the company are:

1. Mr P. Sundaraparipooranan
2. Dr. P. Murali

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Lacs)
As at 30-Jun-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 7,099.80 6,934.17 5,866.98 5,694.50 5,387.48 5,718.08
Total Revenue 1,020.55 2,049.25 660.29 352.80 1,169.80 1,126.58
Profit After Tax (PAT) 293.09 530.95 (21.33) (129.71) (50.01) (48.11)

Objects of the Issue:

The objects of the Offer are to:

1. Achieve the benefits of listing the Equity Shares on the BSE and the NSE;
2. To carry out the sale of up to 14,579,560 Equity Shares by the Selling Shareholders;
3. Enhance visibility and brand image among existing and potential customers; and
4. Provide liquidity to the existing shareholders.

GreenSignal Bio Pharma IPO Details

IPO DateNov 9, 2016 - Nov 22, 2016
Issue TypeBook Built Issue IPO
Issue Size
Offer for Sale14,579,560 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Face Value₹10 Per Equity Share
IPO Price₹68 to ₹76 Per Equity Share
Market Lot175 Shares
Min Order Quantity175 Shares
Listing AtBSE, NSE

GreenSignal Bio Pharma IPO Tentative Date / Timetable

Bid/Offer Opens OnNov 9, 2016
Bid/Offer Closes OnNov 22, 2016
Finalisation of Basis of AllotmentNov 18, 2016
Initiation of RefundsNov 21, 2016
Credit of Shares to Demat AcctNov 21, 2016
IPO Shares Listing DateNov 22, 2016

GreenSignal Bio Pharma IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1175₹13,300
Maximum152625₹199,500

IPO Notices

External Link

GreenSignal Bio Pharma IPO withdrawn

Book Running Lead Managers to the GreenSignal Bio Pharma Limited, has informed the Exchange that according to 26 (2) of SEBI (ICDR) Regulations, if 75% of the net offer to public cannot be allotted to QIBs, the entire application money shall be refunded forthwith. Hence, the IPO of GreenSignal Bio Pharama Limited may be treated as withdrawn.

GreenSignal Bio Pharma IPO Further Extended / Price Reduced

Book Running Lead Managers to the GreenSignal Bio Pharma Limited, has informed the Exchange that the issue closure date has been further extended upto 22 Nov,2016. Post issue modification date has been revised to 23 Nov,2016. Price band has been revised to Rs 68/- to Rs 76/-

GreenSignal Bio Pharma IPO Closing Date Extended

Book Running Lead Managers to the GreenSignal Bio Pharma Limited, has informed the Exchange that the issue closure date has been extended upto 17 Nov,2016. Post issue modification date has been revised to 18 Nov,2016.

GreenSignal Bio Pharma IPO Subscription Status (Bidding Detail)

GreenSignal Bio Pharma IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

10,934,670

2,186,934

1,457,956

14,579,560

Nov 22, 2016 17:00

0.21x

0.13x

8.47x

1.02x

GreenSignal Bio Pharma IPO Prospectus

GreenSignal Bio Pharma IPO Rating

893
3.9
Rating:Rated 3.9 stars

Vote Here ...

GreenSignal Bio Pharma IPO Reviews / Ratings

Company Contact Information

GreenSignal Bio Pharma Ltd
13/A - 3 Sai Niketan Circular Road,
United India Colony,
Kodambakkam, Chennai 600 024

Phone: +91 44 2472 2244
Email: cs@gsbpl.com
Website: http://www.gsbpl.com

GreenSignal Bio Pharma IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

GreenSignal Bio Pharma IPO Lead Manager(s)

GreenSignal Bio Pharma IPO FAQs

  1. 1. What is GreenSignal Bio Pharma IPO?

    GreenSignal Bio Pharma IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹[.] Crores.

    The issue price of the IPO is ₹68 to ₹76 Per Equity Share. The minimum order quantity is 175 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Nov 9, 2016 and closes on Nov 22, 2016.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When GreenSignal Bio Pharma IPO will open?

    The GreenSignal Bio Pharma IPO opens on Nov 9, 2016 and closes on Nov 22, 2016.

  3. 3. How to apply for GreenSignal Bio Pharma IPO?

    GreenSignal Bio Pharma IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When GreenSignal Bio Pharma IPO allotment?

    The finalization of Basis of Allotment for GreenSignal Bio Pharma IPO will be done on Nov 18, 2016, and the allotted shares will be credited to your demat account by Nov 21, 2016. Check the GreenSignal Bio Pharma IPO allotment status.

  5. 5. When is GreenSignal Bio Pharma IPO listing date?

    The GreenSignal Bio Pharma IPO listing date is not yet announced. The tentative date of GreenSignal Bio Pharma IPO listing is Nov 22, 2016.
  6. 6. What is the lot size of GreenSignal Bio Pharma IPO?

    GreenSignal Bio Pharma IPO lot size is 175 Shares and the minimum order quantity is 175 Shares.

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GreenSignal Bio Pharma IPO Review / Comments

only ipo ipo
386. only ipo ipo  Feb 1, 2017 15:49
any one got drbit msg from kotak & idbi bank ???
Ritesh patidar
385. Ritesh patidar  Nov 25, 2016 09:12
Plz bataiye mene 12 application ki hai...amount kab unblock hogi...
Ritesh patidar
384. Ritesh patidar  Nov 25, 2016 09:11
Amount kab unblock hogi sir ji....plz bataiye...
IWantToInvest
383. IWantToInvest  Nov 24, 2016 22:23
IPO withdrawal shows Lead Managers inability to convince QIB and to some extend HNI. Retail welcomed this issue.
CLD
383.1. CLD  Nov 25, 2016 05:11
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
This is why only retailers lose their hard earned money. They don''t have knowledge but still invest as if others are fools.
Tax Consultant
382. Tax Consultant  Nov 23, 2016 19:21
Dear forum members, don''t worry. Your money will get released within 24-48 hours...it takes sometime...bank have some procedures to follow....relax and enjoy...you are saved from GSBPL shares.....
Ipo tracker
381. Ipo tracker  Nov 23, 2016 17:10
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Green signal failed to get green signal.
Khemka
381.1. Khemka  Nov 23, 2016 21:32
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
Agreed but shameful situation may force them to return with 25/30 rs price ~~

26. Khemka Nov 20, 2016 5:19:39 PM IST Reply
GreenSignal Bio Pharma Ltd IPO

Greensignal should cancelled IPO rather than extending indefinitely in view of red signal given by qib .although retailers taking overwhelmly .
DURAISWAMY
380. DURAISWAMY  Nov 23, 2016 16:08
MY AMOUNT IS ALSO NOT RELEASED.
Nagaaaa
379. Nagaaaa  Nov 23, 2016 14:43
When are they releasing blocked amount any idea till now i have not got. I have applied through ICICI IPO site.
Tax Consultant
378. Tax Consultant  Nov 23, 2016 09:12
Withdrawal of GSBPL is good for Retail Investors especially for those who wanted to unsubscribe but could not due to bank''s issue or any other reason...it would have lost investors money because there was probability that it was going to list at discount...So, it is good...
M.S.Narayana
377. M.S.Narayana  Nov 23, 2016 08:43
As per today''s Business Line news paper, the IPO has been withdrawn as the QIB portion is under subscribed and unblocking of funds will be done.
Rajadhiraj
375. Rajadhiraj  Nov 22, 2016 17:49
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Why green signal flop show, any resonas ?
Lord Commander
375.1. Lord Commander  Nov 23, 2016 11:46
Volatile Market

People would find some very good stocks with reduced price now
Saumil Thakkar
374. Saumil Thakkar  Nov 22, 2016 17:43
My ammont removed in sbi for gsb
Issue cancel huwa ?
Hanu chaudhary
373. Hanu chaudhary  Nov 22, 2016 17:05
Gsbpl IPO cancel

Share View
372. Share View  Nov 22, 2016 16:45
IPO Mentor IPO Mentor (700+ Posts, 1600+ Likes)
OverAll subscription : 1.02 At 5:00 P.M
Source : NSE

Trapped Retailers were continuously withdrawing their applications after 1 P.M
Retail subscription falls from 8.58 to 8.47 times

Good lessons taught to GREEDY Promoters
Hope SHEELA may learn lesson from this fiasco


@ KNOW BASIC & AMAR EVER below

HOPE you 2 too have learnt something ever
As your nick name/pat name suggests you don''t have any basic knowledge & forever
Think twice thrice before you comment
Share View
372.1. Share View  Nov 22, 2016 21:27
IPO Mentor IPO Mentor (700+ Posts, 1600+ Likes)
I too wonder ! ! !

When I see such stupid questions from people like you asking clarification which require no more

Before criticise anyone you must know fact & result
Share View
372.2. Share View  Nov 23, 2016 13:13
IPO Mentor IPO Mentor (700+ Posts, 1600+ Likes)
You proved yourself coward baby !! with KISS

I am not confusing anyone . PROOF is that you only blame me & why not any one else ? Understand ? &
I don''t claim myself as a most useful or knowledgeable person.I am here to share views.
You said nobody likes post . I ask : are you nobody ?
I will not step backward & keep posting.

Once again I must tell you that you cannot proved that I have spread any rumour
IPOANALYSIS
371. IPOANALYSIS  Nov 22, 2016 16:44
Good News after long time from stock market.
WAS
370. WAS  Nov 22, 2016 16:18
Greensignal Bio Pharma IPO has been withdrawn by the Company
Nisarg Shah
370.1. Nisarg Shah  Nov 22, 2016 16:50
Source of info pls?
Chitchor
369. Chitchor  Nov 22, 2016 16:18
GOOD NEWS.......

THE ISSUE HAS BEEN WITHDRAWN.......
CA Bhaumik Shah
368. CA Bhaumik Shah  Nov 22, 2016 11:57
SBI not accept application bid for cancellation which is filed online through net banking.
Is there any option how to cancel application bid which is filed online ?
YPM
368.1. YPM  Nov 22, 2016 14:17
Seam problem mere pass houva hai per meri thodi tipical hai mainey bidding other branch ki thi to uski vage sey meri consalation nahi kar rahey hai. Ab kya kar u. Koi rasta batavo..


Himanshug
367. Himanshug  Nov 22, 2016 10:13
Hi..Should i cancel this IPO? Any advice..?






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