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Shree Ganesh Remedies Ltd IPO (Shree Ganesh Remedies IPO) Detail

Sep 28, 2017 - Oct 5, 2017

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.

Objects of the Issue:

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

Shree Ganesh Remedies IPO Details

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 Size2,376,000 Eq Shares of ₹10
(aggregating up to ₹8.55 Cr)

Shree Ganesh Remedies IPO Tentative Timetable

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

Shree Ganesh Remedies IPO Lot Size

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

Shree Ganesh Remedies IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

Shree Ganesh Remedies IPO Prospectus

Shree Ganesh Remedies IPO Rating

48
3.8
Rating:Rated 3.8 stars
Vote Here ...

Shree Ganesh Remedies IPO Listing Date

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

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹36.00
₹40.00
₹29.75
₹40.00
₹33.00

Company Contact Information

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/

Shree Ganesh Remedies IPO Registrar

Bigshare Services Pvt Ltd

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

Shree Ganesh Remedies IPO Reviews / Ratings

Shree Ganesh Remedies IPO Lead Manager(s)

Shree Ganesh Remedies IPO FAQs

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.

The Shree Ganesh Remedies IPO listing date is on Friday, October 13, 2017.

Shree Ganesh Remedies IPO Message Board

Ranked Members  Ranked Members

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15. STOCKT |Oct 12, 2017 16:13
ONE THING TO BE NOTED IS HNI SUBSCRIPTION HAS BEEN TOO LESS WHEN COMPARED TO RETAIL SUBSCRIPTION
15.8. STOCKT |Oct 17, 2017 10:46
i am not following this one as didnt like fundamental

I have made purchase in dp wires, cmm infra ,shree tirupati balaji and as these 3 are fundamentally good stocks.
15.9. Vivek SP |Nov 22, 2017 09:59
@STOCKT
Right observation. CMM is little high now but DP Wires and Shree Tirupati are still good to buy at present SME market.
14. NEMI CHAND AJMERA |Oct 12, 2017 20:24
One thing is negative only inconsistency in result. But valuation wise very cheap stock available at 8 pe. HNI not applied due to small in nature. But once consistency prevails this stock will zoom
14.2. Neerav jaipuriya |Oct 14, 2017 07:19
listing kab h
14.3. STOCKT |Oct 14, 2017 15:53
already listed and quoting at 8 pc discount to issue price.
13. IPO UPDATE DELHI |Oct 11, 2017 11:26
what is listing day of shree ganesh
13.1. gvsahu |Oct 11, 2017 15:00
13/10/17 LISTING DAY...WISH FOR A GREAT LISTING
13.2. IPO UPDATE DELHI |Oct 12, 2017 09:05
thank u. what must be the listing price expected
12. NPP |Oct 11, 2017 10:24
Bulk Drug company so price will never be less than 50 Rs , Also Gujarat based company planing to expand with install new plant ,Price of the share might touch Rs 100 in 1 year Future is very bright like other pharmacy company ...... . Expert Pl put your views ..
11. kaushallllllllllllll |Oct 11, 2017 09:40
allotment out on http://www.bigshareonline.com/bssipoapplicationstatus.aspx
10. Analysis Ipo |Oct 11, 2017 05:55
Is IPO ki listing Above Issue price hogi ya below issue price
9. Analysis Ipo |Oct 11, 2017 05:54
Shree Ganesh Remedies ki grey Market Price kya hai...
8. gvsahu |Oct 5, 2017 17:29
Any body have latest subscription detail of shree ganesh remedies
7. Rahul katariya |Oct 5, 2017 11:50
Hey,anyone applied in this IPO??
6. Kashishhhh |Sep 28, 2017 23:12
I can apply this ipo? Please suggest me. I m new
6.1. Mayank Agarwal |Oct 4, 2017 12:19
Yes, You can download the from from this Link https://ibbs.bseindia.com/asbaforms/BlankForm.aspx?ipo=1436
and fill it and sumbit to your bank account or if you account with SBI you can also apply online, For any assistance you can contact me at this number +91 9022528315
6.2. Deep Analyst |Oct 4, 2017 16:50
You can apply directly through ASBA services using Internet Banking of your Bank
5. Deep Analyst |Oct 4, 2017 13:41
Shree Ganesh Remedies is better from profit point of view if compared to Beta Drugs and recently listed ANG Life Sciences. It is even better than other past listed SME pharma companies viz. Zota Healthcare and Vaishali Pharma. It is having very robust fundamental and fundamental always play in long term. See Meera industries, Steelcity Securities, etc.
4. CipherK |Oct 1, 2017 16:09
I feel this IPO is well priced. Can''t comment on the inconsistency of the net profits but I believe the company''s fundamentals are good with experienced promoters.

Do you agree/disagree. Please reply with reasoning.
3. BRIJESHBDP |Sep 28, 2017 16:06
FILL IPO FOR HANDSOME RETURN.........................!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
2. Shareking |Sep 27, 2017 21:52
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
reasonably priced
1. CipherK |Sep 27, 2017 19:02
Hi to all Chittorgarh members..
I am new here and joined with the intent to learn from all fellow board members and contribute my fair share too.. :)

Happy trading.. Jai ho!!

CipherK