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 Date | Sep 28, 2017 - Oct 5, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,376,000 Eq Shares of ₹10 (aggregating up to ₹8.55 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹36 Per Equity Share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Bid/Offer Opens On | Sep 28, 2017 |
| Bid/Offer Closes On | Oct 5, 2017 |
| Finalisation of Basis of Allotment | Oct 10, 2017 |
| Initiation of Refunds | Oct 11, 2017 |
| Credit of Shares to Demat Acct | Oct 12, 2017 |
| IPO Shares Listing Date | Oct 13, 2017 |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108,000 |
| Maximum | 1 | 3000 | ₹108,000 |
No. of Times Issue Subscribed (BSE + NSE) | ||||||
|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total |
Shares Offered | - | - | - | - | - | - |
Oct 5, 2017 17:00 | ||||||
| Listing Date | Friday, October 13, 2017 |
| BSE Script Code | 540737 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE414Y01015 |
| IPO Price | ₹36 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
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
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 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.
The Shree Ganesh Remedies IPO opens on Sep 28, 2017 and closes on Oct 5, 2017.
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.
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.
Shree Ganesh Remedies IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
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