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Incorporated in 1995, Shree Ganesh Remedies Ltd is Ankleshwar, Gujarat based engaged in manufacturing and dispatch of drug intermediates and chemicals like amine hydrochloride and specialty fine chemicals for pharmaceutical industry. Company manufacture products relating to antipsychotic, antiseptic, deprotonation reactions, hyperlipidemia, alzheimers and anti-viral.
The Products are manufactured for export market and also for domestic and foreign markets. Company’s manufacturing facility is divided into three manufacturing plants namely Plant I, II and III spread across 9715 Square meters having different product manufacturing capabilities and process.
Company proposes to utilize the proceeds from the public issue towards the following objects:
1. Setting up a new Choloro Compound derivatives manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat;
2. General Corporate Purposes
| IPO Opening Date | Sep 28, 2017 |
| IPO Closing Date | Oct 5, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹36 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | 2,376,000 Eq Shares of ₹10 (aggregating up to ₹8.55 Cr) |
The Shree Ganesh Remedies IPO open date is Sep 28, 2017, and the close date is Oct 5, 2017. The issue may list on Oct 13, 2017.
| IPO Open Date | Sep 28, 2017 |
| IPO Close Date | Oct 5, 2017 |
| Basis of Allotment Date | Oct 10, 2017 |
| Initiation of Refunds | Oct 11, 2017 |
| Credit of Shares to Demat Account | Oct 12, 2017 |
| IPO Listing Date | Oct 13, 2017 |
The Shree Ganesh Remedies IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108,000 |
| Maximum | 1 | 3000 | ₹108,000 |
The Shree Ganesh Remedies IPO is subscribed times on Oct 5, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
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| Listing Date | Friday, October 13, 2017 |
| BSE Script Code | 540737 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE414Y01015 |
| IPO Price | ₹36 per equity share |
| Face Value | ₹10 per equity share |
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Shree Ganesh Remedies Ltd
Plot no. 6011, G.I.D.C,
Ankleshwar - 393002
Phone: 02646 227777
Email: investors@ganeshremedies.com
Website: http://www.ganeshremedies.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Shree Ganesh Remedies IPO is a SME IPO of 2,376,000 equity shares of the face value of ₹10 aggregating up to ₹8.55 Crores. The issue is priced at ₹36 per equity share. The minimum order quantity is 3000 Shares.
The IPO opens on Sep 28, 2017, and closes on Oct 5, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Shree Ganesh Remedies IPO opens on Sep 28, 2017 and closes on Oct 5, 2017.
Shree Ganesh Remedies IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
You can apply in Shree Ganesh Remedies 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 Shree Ganesh Remedies IPO will be done on Oct 10, 2017, and the allotted shares will be credited to your demat account by Oct 12, 2017. Check the Shree Ganesh Remedies IPO allotment status.
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