Incorporated in 1983, Kwality Pharmaceuticals Ltd (KPL) is engaged in the business of manufacturing of broad range of finished pharmaceutical formulations in a dosage form. Information in this paragraph is copied from chittorgarh.com.KPL is one of the leading manufacturer & exporters of pharmaceutical formulations in Liquid Orals, Dry Syrups, Tablets, Capsules, Sterile Powder for Injections and small volume injectable. The company has registered all its products in different Countries of Europe, Africa, Asia & CIS Countries.
According to the Company, it has the most modern & sophisticated plant, equipment's, technique and manpower and is working with new SCHEDULE M and W.H.O. norms and certified with GMP and WHO certificate.
The promoters of the company are:
1. Mr Ramesh Arora
2. Mr Ajay Arora
The objects of the issue are:
1. Modernisation of Laboratory;
2. To meet the part of General Corporate Purpose;
3. To meet the expenses of the Offer.
| IPO Opening Date | Jun 30, 2016 |
| IPO Closing Date | Jul 8, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹45 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,380,000 Eq Shares of ₹10 (aggregating up to ₹6.21 Cr) |
The Kwality Pharmaceuticals IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹135,000 |
| Maximum | 1 | 3000 | ₹135,000 |
| Listing Date | Monday, July 18, 2016 |
| BSE Script Code | 539997 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE552U01010 |
| IPO Price | ₹45 per equity share |
| Face Value | ₹10 per equity share |
|
|
Kwality Pharmaceuticals Ltd
Village Nagkalan,
Majitha Road,
Amritsar
Phone: +91- 0183-2774321-25
Email: cs@kwalitypharma.com
Website: http://www.kwalitypharma.com
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
Kwality Pharmaceuticals IPO is a SME IPO of 1,380,000 equity shares of the face value of ₹10 aggregating up to ₹6.21 Crores. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares.
The IPO opens on Jun 30, 2016, and closes on Jul 8, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Kwality Pharmaceuticals IPO opens on Jun 30, 2016 and closes on Jul 8, 2016.
Kwality Pharmaceuticals IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
You can apply in Kwality 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 Kwality Pharmaceuticals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kwality Pharmaceuticals IPO allotment status.
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