Ganga Pharmaceuticals IPO Latest News Today

Ganga Pharmaceuticals Ltd BSE SME IPO to open on Jan 29, 2016 and close for subscription on Feb 09, 2016. Company is raising Rs upto 1.54 Cr to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale of up to 10,24,000 Equity Shares. The equity shares of the company to be list at BSE SME.

Ganga Pharmaceuticals Ltd (GPL) is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1024000 Equity Shares of Rs 10/- each aggregating Rs. 1.54 Crore. The price for the issue has been fixed at Rs 15 per share.

Ganga Pharmaceuticals Ltd (GPL) is a producer of quality bulk ayurvedic medicines in Mumbai. Apart from manufacturing, the company is also into marketing, distribution of Bulk Ayurvedic Medicines. Its product includes Ampachan Vati; Khadira Vati; Nirmalaya churna etc. Its products are available in liquid dosage form and solid dosage forms.

The issue opens on Jan 29, 2016 and closes for subscription on Feb 09, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.