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

September 28, 2017 - October 5, 2017

Shree Ganesh Remedies IPO is a fixed price issue of Rs 8.55 crores.

Shree Ganesh Remedies IPO bidding started from September 28, 2017 and ended on October 5, 2017. The allotment for Shree Ganesh Remedies IPO was finalized on Tuesday, October 10, 2017. The shares got listed on BSE SME on October 13, 2017.

Shree Ganesh Remedies IPO price is ₹36 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹108,000.

Fedex Securities Pvt Ltd is the book running lead manager of the Shree Ganesh Remedies IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Shree Ganesh Remedies IPO RHP for detailed information.

Shree Ganesh Remedies IPO Details

IPO Date September 28, 2017 to October 5, 2017
Listing Date October 13, 2017
Face Value ₹10 per share
Price ₹36 per share
Lot Size 3000 Shares
Total Issue Size2,376,000 shares
(aggregating up to ₹8.55 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Shree Ganesh Remedies IPO Timeline (Tentative Schedule)

Shree Ganesh Remedies IPO opens on September 28, 2017, and closes on October 5, 2017.

IPO Open Date Thursday, September 28, 2017
IPO Close Date Thursday, October 5, 2017
Basis of Allotment Tuesday, October 10, 2017
Initiation of Refunds Wednesday, October 11, 2017
Credit of Shares to Demat Thursday, October 12, 2017
Listing Date Friday, October 13, 2017
Cut-off time for UPI mandate confirmation 5 PM on October 5, 2017

Shree Ganesh Remedies IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹108,000
Retail (Max) 1 3000 ₹108,000
Lot Size Calculator

About Shree Ganesh Remedies Ltd

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 (Shree Ganesh Remedies IPO Objectives)

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 Review (Apply)

[Dilip Davda]  Inconsistency in performance is a major concern. However, cash surplus investors may consider investment for long term. (Subscribe) Read detail review...


Shree Ganesh Remedies IPO Subscription Status (Bidding Detail)

The Shree Ganesh Remedies IPO is subscribed times on October 5, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times 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 Details

Listing Date October 13, 2017
BSE Script Code 540737
NSE Symbol
ISIN INE414Y01015
Final Issue Price ₹36 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹36.00
₹40.00
₹29.75
₹40.00
₹33.00

Check IPO Performance…

Shree Ganesh Remedies Ltd Contact Details

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: https://ipo.bigshareonline.com/ipo_status.html

Shree Ganesh Remedies IPO - Buy or Not

Shree Ganesh Remedies IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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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 share. The minimum order quantity is 3000 Shares.

The IPO opens on September 28, 2017, and closes on October 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 September 28, 2017 and closes on October 5, 2017.

Shree Ganesh Remedies IPO lot size is 3000 Shares, and the minimum amount required is ₹108,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Shree Ganesh Remedies IPO will be done on Tuesday, October 10, 2017, and the allotted shares will be credited to your demat account by Thursday, October 12, 2017. Check the Shree Ganesh Remedies IPO allotment status.

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

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31 Comments

15. STOCKT |   Link |  Bookmark |October 12, 2017 4:13:50 PM
ONE THING TO BE NOTED IS HNI SUBSCRIPTION HAS BEEN TOO LESS WHEN COMPARED TO RETAIL SUBSCRIPTION
15.8. STOCKT |   Link |  Bookmark |October 17, 2017 10:46:10 AM
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 |   Link |  Bookmark |November 22, 2017 9:59:23 AM
@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 |   Link |  Bookmark |October 12, 2017 8:24:06 PM
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 |   Link |  Bookmark |October 14, 2017 7:19:36 AM
listing kab h
14.3. STOCKT |   Link |  Bookmark |October 14, 2017 3:53:13 PM
already listed and quoting at 8 pc discount to issue price.
13. IPO UPDATE DELHI |   Link |  Bookmark |October 11, 2017 11:26:21 AM
what is listing day of shree ganesh
13.1. gvsahu |   Link |  Bookmark |October 11, 2017 3:00:54 PM
13/10/17 LISTING DAY...WISH FOR A GREAT LISTING
13.2. IPO UPDATE DELHI |   Link |  Bookmark |October 12, 2017 9:05:45 AM
thank u. what must be the listing price expected
12. NPP |   Link |  Bookmark |October 11, 2017 10:24:36 AM
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 |   Link |  Bookmark |October 11, 2017 9:40:53 AM
allotment out on http://www.bigshareonline.com/bssipoapplicationstatus.aspx
10. Analysis Ipo |   Link |  Bookmark |October 11, 2017 5:55:25 AM
Is IPO ki listing Above Issue price hogi ya below issue price
9. Analysis Ipo |   Link |  Bookmark |October 11, 2017 5:54:42 AM
Shree Ganesh Remedies ki grey Market Price kya hai...
8. gvsahu |   Link |  Bookmark |October 5, 2017 5:29:07 PM
Any body have latest subscription detail of shree ganesh remedies
7. Rahul katariya |   Link |  Bookmark |October 5, 2017 11:50:37 AM
Hey,anyone applied in this IPO??
6. Kashishhhh |   Link |  Bookmark |September 28, 2017 11:12:12 PM
I can apply this ipo? Please suggest me. I m new
6.1. Mayank Agarwal |   Link |  Bookmark |October 4, 2017 12:19:44 PM
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 |   Link |  Bookmark |October 4, 2017 4:50:58 PM
You can apply directly through ASBA services using Internet Banking of your Bank
5. Deep Analyst |   Link |  Bookmark |October 4, 2017 1:41:35 PM
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 |   Link |  Bookmark |October 1, 2017 4:09:25 PM
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 |   Link |  Bookmark |September 28, 2017 4:06:54 PM
FILL IPO FOR HANDSOME RETURN.........................!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
2. Shareking |   Link |  Bookmark |September 27, 2017 9:52:13 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
reasonably priced
1. CipherK |   Link |  Bookmark |September 27, 2017 7:02:02 PM
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