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Open
31 Mar to 5 Apr, 2023
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Close
31 Mar to 5 Apr, 2023
3
Allotment
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Listing
Mon, Apr 17, 2023
Price Band
₹135 per share
Issue Size
18,75,000 shares (agg. up to ₹25 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Apr 17, 2023
Latest GMP
₹2
Est. Gain
1.48%
✦ AI Insight
GMP Trend
17-04-2023₹2Est. ₹137+1.48%
16-04-2023₹3Est. ₹138+2.22%
15-04-2023₹3Est. ₹138+2.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.88x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 70.76 | 59.00 | 34.18 | 22.45 |
| Total Income | 79.85 | 100.05 | 71.15 | 39.42 |
| Profit After Tax | 5.51 | 6.11 | 2.72 | 0.93 |
| NET Worth | 18.56 | 13.10 | 7.02 | 4.25 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 16.15 | 13.85 | 5.79 | 5.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sotac Pharmaceuticals Ltd. | SME | ₹33.30 Cr | ₹111 | 132.14 | ₹120.75 | +8.78% | ₹95.10 (-4.90%) |
| Trident Lifeline Ltd. | SME | ₹35.34 Cr | ₹101 | 51.53 | ₹108.15 | +7.08% | ₹260.90 (+1.89%) |
| Dipna Pharmachem Ltd. | SME | ₹15.21 Cr | ₹38 | 39 | ₹33.40 | -12.11% | ₹5.40 (-0.74%) |
| JFL Life Sciences Ltd. | SME | ₹18.17 Cr | ₹61 | 26.52 | ₹66.50 | +9.02% | ₹11.00 (+3.77%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Marketing and Branding Expenses (including Registration in Reach - Europe, other marketing expenses) | 1.13 |
| 2 | Repayment of some of Existing Loans; | 3.92 |
| 3 | Expansion of Existing Unit | 5.05 |
| 4 | To Meet Incremental Working Capital Requirements; | 10.10 |
| 5 | General Corporate Purpose | 4.43 |
About Infinium Pharmachem IPO
Incorporated in 2003, Infinium Pharmachem Limited manufactures & supplies Iodine Derivatives, APIs, and Iodination reaction-based bulk drugs. The company offers R & D services and commercial scale manufacturing and packaging for Pharmaceutical, Agrochemical, Nutraceutical, Speciality Chemicals & other chemical industries. Infinium Pharmachem's manufacturing plant is located in Gujarat - INDIA, which spans across 4100 Sq. Mtr. Plot area. The facility is FDA certified & GMP compliant with capabilities of producing complex Iodine Derivatives. The company serves to over 15+ countries across the globe and has over 200+ Iodine Derivatives and 7+ APIs.+ Read More
Contact Details
Infinium Pharmachem Ltd. Address38 G.I.D.C SojitraTalukaSojitraAnand, Gujarat, 387240+91-2692-238849info@infiniumpharmachem.comVisit Website