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May 3, 2019 - May 8, 2019

Par Drugs IPO FAQ

Par Drugs IPO Date & Price

The Par Drugs IPO opens on May 3, 2019 and closes on May 8, 2019.

Par Drugs IPO timetable / schedule is as below:
  • Bid/Offer Opens On: May 3, 2019
  • Bid/Offer Closes On: May 8, 2019
  • Finalization of Basis of Allotment: May 13, 2019
  • Initiation of refunds: May 14, 2019
  • Credit of Equity Shares: May 15, 2019
  • Listing Date: May 16, 2019

Par Drugs IPO price is set at ₹51 per equity share.

Par Drugs IPO will close for subscription at 5 PM on May 8, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The Par Drugs IPO starts on May 3, 2019. The issue ends on May 8, 2019.

Par Drugs IPO Issue Size and Subscription Status

The Par Drugs IPO size is 1672000 Equity Shares of ₹10 aggregating up to ₹8.53 Cr.

Par Drugs and Chemicals Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Par Drugs IPO shares through the banks (using ASBA) or through the broker (using UPI).

Par Drugs IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)778,000 Shares
Retail Individual Investor (RII)780,000 Shares
Employee Reservations30,000 Shares
Other Reservations0 Shares
Total Issue Size1,558,000 Shares

Par Drugs IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)3.48 times times
Retail Individual Investor (RII)7.97 times times
Employee Reservations1.00 times times
Other Reservations times
Total Issue Size5.74 times times

Click here to check the Par Drugs IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Par Drugs IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Par Drugs IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Par Drugs IPO Allotment and Listing

The Par Drugs IPO allot status will be available online on May 13, 2019. Check the Par Drugs IPO Allotment Status here.

Click here to check Par Drugs IPO Allotment Status.

Par Drugs IPO listing Date is May 16, 2019. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Par Drugs IPO listing date and time is published by the exchange in a circular.

Click here to view the Par Drugs IPO Basis of Allotment.

It is hard to say at what price Par Drugs IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Par Drugs IPO shares will list on May 16, 2019 at NSE SME.

Par Drugs IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Par Drugs IPO which could help you with questions like Par Drugs IPO buy or not? You should also read Par Drugs IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Par Drugs IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Par Drugs IPO performance. The performance reports are available 1 day after listing.