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 DateSep 28, 2017 - Oct 5, 2017
Issue TypeFixed Price Issue IPO
Issue Size2,376,000 Eq Shares of ₹10
(aggregating up to ₹8.55 Cr)
Face Value₹10 Per Equity Share
IPO Price₹36 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Shree Ganesh Remedies IPO Tentative Date / Timetable

Bid/Offer Opens OnSep 28, 2017
Bid/Offer Closes OnOct 5, 2017
Finalisation of Basis of AllotmentOct 10, 2017
Initiation of RefundsOct 11, 2017
Credit of Shares to Demat AcctOct 12, 2017
IPO Shares Listing DateOct 13, 2017

Shree Ganesh Remedies IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹108,000
Maximum13000₹108,000

Shree Ganesh Remedies IPO Subscription Status (Bidding Detail)

Shree Ganesh Remedies IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Oct 5, 2017 17:00

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 DateFriday, October 13, 2017
BSE Script Code540737
NSE Symbol
Listing InM
ISININE414Y01015
IPO Price₹36 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹36.00
₹40.00
₹29.75
₹40.00
₹33.00
294,000

Shree Ganesh Remedies IPO Reviews / Ratings

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
   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

Shree Ganesh Remedies IPO Lead Manager(s)

Shree Ganesh Remedies IPO FAQs

  1. 1. What is Shree Ganesh Remedies IPO?

    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 price of the IPO is ₹36 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Shree Ganesh Remedies IPO will open?

    The Shree Ganesh Remedies IPO opens on Sep 28, 2017 and closes on Oct 5, 2017.

  3. 3. How to apply for Shree Ganesh Remedies IPO?

    Shree Ganesh Remedies 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 Shree Ganesh Remedies IPO allotment?

    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.

  5. 5. When is Shree Ganesh Remedies IPO listing date?

    The Shree Ganesh Remedies IPO listing date is on Friday, October 13, 2017, at BSE SME.
  6. 6. What is the lot size of Shree Ganesh Remedies IPO?

    Shree Ganesh Remedies IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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Shree Ganesh Remedies IPO Review / Comments

STOCKT
15. STOCKT  Oct 12, 2017 16:13
ONE THING TO BE NOTED IS HNI SUBSCRIPTION HAS BEEN TOO LESS WHEN COMPARED TO RETAIL SUBSCRIPTION
STOCKT
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.
Vivek SP
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.
NEMI CHAND AJMERA
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
Neerav jaipuriya
14.2. Neerav jaipuriya  Oct 14, 2017 07:19
listing kab h
STOCKT
14.3. STOCKT  Oct 14, 2017 15:53
already listed and quoting at 8 pc discount to issue price.
IPO UPDATE DELHI
13. IPO UPDATE DELHI  Oct 11, 2017 11:26
what is listing day of shree ganesh
gvsahu
13.1. gvsahu  Oct 11, 2017 15:00
13/10/17 LISTING DAY...WISH FOR A GREAT LISTING
IPO UPDATE DELHI
13.2. IPO UPDATE DELHI  Oct 12, 2017 09:05
thank u. what must be the listing price expected
NPP
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 ..
Analysis Ipo
10. Analysis Ipo  Oct 11, 2017 05:55
Is IPO ki listing Above Issue price hogi ya below issue price
Analysis Ipo
9. Analysis Ipo  Oct 11, 2017 05:54
Shree Ganesh Remedies ki grey Market Price kya hai...
gvsahu
8. gvsahu  Oct 5, 2017 17:29
Any body have latest subscription detail of shree ganesh remedies
Rahul katariya
7. Rahul katariya  Oct 5, 2017 11:50
Hey,anyone applied in this IPO??
Kashishhhh
6. Kashishhhh  Sep 28, 2017 23:12
I can apply this ipo? Please suggest me. I m new
Mayank Agarwal
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
Deep Analyst
6.2. Deep Analyst  Oct 4, 2017 16:50
You can apply directly through ASBA services using Internet Banking of your Bank
Deep Analyst
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.
CipherK
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.
BRIJESHBDP
3. BRIJESHBDP  Sep 28, 2017 16:06
FILL IPO FOR HANDSOME RETURN.........................!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Shareking
2. Shareking  Sep 27, 2017 21:52
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
reasonably priced
CipherK
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






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