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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 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

GreenSignal Bio Pharma IPO Date Nov 9, 2016 to Nov 22, 2016
GreenSignal Bio Pharma IPO Face Value ₹10 per share
GreenSignal Bio Pharma IPO Price ₹68 to ₹76 per share
GreenSignal Bio Pharma IPO Lot Size 175 Shares
Issue Size
Offer for Sale14,579,560 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

The promoters of the company are:

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

GreenSignal Bio Pharma IPO Timeline (Tentative Timetable)

GreenSignal Bio Pharma IPO opens on Nov 9, 2016, and closes on Nov 22, 2016. The GreenSignal Bio Pharma IPO bid date is from Nov 9, 2016 10.00 A.M. to Nov 22, 2016 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
GreenSignal Bio Pharma IPO Opening Date Nov 9, 2016
GreenSignal Bio Pharma IPO Closing Date Nov 22, 2016
Basis of Allotment Nov 18, 2016
Initiation of Refunds Nov 21, 2016
Credit of Shares to Demat Nov 21, 2016
GreenSignal Bio Pharma IPO Listing Date Nov 22, 2016

GreenSignal Bio Pharma IPO Lot Size

The GreenSignal Bio Pharma IPO lot size is 175 shares. A retail-individual investor can apply for up to 15 lots (2625 shares or ₹199,500).

Application Lots Shares Amount
Minimum 1 175 ₹13,300
Maximum 15 2625 ₹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 Review

This Company will enjoy first mover advantage in the important generic vaccine sector and will attract fancy going forward. Moderate investment may be considered for long term rewards as the issue size is small and will attract T segment listing for initial period due to which, short term rewards unlikely. Read detail review...

New GreenSignal Bio Pharma IPO Recommendation by Members

GreenSignal Bio Pharma IPO Recommendations Details | Post Recommendation | Manage Recommendations

Subscribe Neutral Avoid
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No Record Found.


GreenSignal Bio Pharma IPO Subscription Status (Bidding Detail)

The GreenSignal Bio Pharma IPO is subscribed 1.02 times on Nov 22, 2016 5:00:00 PM. The public issue subscribed 8.47 times in the retail category, 0.21 times in the QIB category, and 0.13 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.21
NII0.13
Retail8.47
Total1.02

GreenSignal Bio Pharma IPO Prospectus

GreenSignal Bio Pharma IPO Rating

893
3.9
Rating:Rated 3.9 stars
Vote Here ...

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

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

GreenSignal Bio Pharma IPO Reviews / Ratings

GreenSignal Bio Pharma IPO FAQs

GreenSignal Bio Pharma IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹68 to ₹76 per share. The minimum order quantity is 175 Shares.

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.

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

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

You can apply in GreenSignal Bio 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.

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.

The GreenSignal Bio Pharma IPO listing date is not yet announced. The tentative date of GreenSignal Bio Pharma IPO listing is Nov 22, 2016.
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GreenSignal Bio Pharma IPO Message Board

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588 Comments

386. only ipo ipo |   Link |Feb 1, 2017 3:49:32 PM
any one got drbit msg from kotak & idbi bank ???
385. Ritesh patidar |   Link |Nov 25, 2016 9:12:28 AM
Plz bataiye mene 12 application ki hai...amount kab unblock hogi...
384. Ritesh patidar |   Link |Nov 25, 2016 9:11:39 AM
Amount kab unblock hogi sir ji....plz bataiye...
383. IWantToInvest |   Link |Nov 24, 2016 10:23:27 PM
IPO withdrawal shows Lead Managers inability to convince QIB and to some extend HNI. Retail welcomed this issue.
383.1. CLD |   Link |Nov 25, 2016 5:11:24 AM
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.
382. Tax Consultant |   Link |Nov 23, 2016 7:21:54 PM
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.....
381. Ipo tracker |   Link |Nov 23, 2016 5:10:07 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Green signal failed to get green signal.
381.1. Khemka |   Link |Nov 23, 2016 9:32:23 PM
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 .
380. DURAISWAMY |   Link |Nov 23, 2016 4:08:47 PM
MY AMOUNT IS ALSO NOT RELEASED.
379. Nagaaaa |   Link |Nov 23, 2016 2:43:22 PM
When are they releasing blocked amount any idea till now i have not got. I have applied through ICICI IPO site.
378. Tax Consultant |   Link |Nov 23, 2016 9:12:34 AM
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...
377. M.S.Narayana |   Link |Nov 23, 2016 8:43:32 AM
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.
376. DURAISWAMY |   Link |Nov 22, 2016 6:22:58 PM
http://m.moneycontrol.com/news/ipo---issues-open/greensignal-bio-pharma-misses-qibs-extends-ipo-yet-again_7982581.html
375. Rajadhiraj |   Link |Nov 22, 2016 5:49:14 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
Why green signal flop show, any resonas ?
375.1. Lord Commander |   Link |Nov 23, 2016 11:46:45 AM
Volatile Market

People would find some very good stocks with reduced price now
374. Saumil Thakkar |   Link |Nov 22, 2016 5:43:55 PM
My ammont removed in sbi for gsb
Issue cancel huwa ?
373. Hanu chaudhary |   Link |Nov 22, 2016 5:05:56 PM
Gsbpl IPO cancel

372. Share View |   Link |Nov 22, 2016 4:45:36 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ 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
372.1. Share View |   Link |Nov 22, 2016 9:27:18 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ 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
372.2. Share View |   Link |Nov 23, 2016 1:13:30 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ 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
371. IPOANALYSIS |   Link |Nov 22, 2016 4:44:18 PM
Good News after long time from stock market.
370. WAS |   Link |Nov 22, 2016 4:18:03 PM
Greensignal Bio Pharma IPO has been withdrawn by the Company
370.1. Nisarg Shah |   Link |Nov 22, 2016 4:50:26 PM
Source of info pls?
369. Chitchor |   Link |Nov 22, 2016 4:18:02 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
GOOD NEWS.......

THE ISSUE HAS BEEN WITHDRAWN.......
368. CA Bhaumik Shah |   Link |Nov 22, 2016 11:57:04 AM
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 ?
368.1. YPM |   Link |Nov 22, 2016 2:17:00 PM
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..


367. Himanshug |   Link |Nov 22, 2016 10:13:28 AM
Hi..Should i cancel this IPO? Any advice..?