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Open
22 Jun 2005
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Close
28 Jun 2005
3
Allotment
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Listing
Mon, Jul 18, 2005
Price Band
₹200 to ₹240
Issue Size
38,70,000 shares (agg. up to ₹93 Cr)
Listing Date
Mon, Jul 18, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 15.50x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 252.50 | 168.90 | 127.30 |
| Profit After Tax | 22.60 | 10.80 | 7.80 |
| NET Worth | 72.10 | 52.10 | 42.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mangalam Drugs & Organics Ltd. | Mainboard | ₹14.30 Cr | ₹22 | 7.69 | ₹34.00 | +54.55% | ₹27.59 (+0.51%) |
| Indoco Remedies Ltd. | Mainboard | ₹73.50 Cr | ₹245 | 10.16 | ₹394.25 | +60.92% | ₹247.45 (-2.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Formulation Plant at Baddi | 30.00 |
| 2 | Sterile Cephalosporin facility (Unit II) | 30.00 |
| 3 | Research & Development facility and Corporate Quality Control Centre (Unit II) | 25.00 |
| 4 | Issue Expenses | 5.00 |
| Total | 90.00 |
About Nectar Lifesciences IPO
Nectar Lifesciences Limited is a pharmaceutical company engaged in the manufacturing and marketing of active pharmaceutical ingredients (APIs), formulations, and menthol-based products. The company has established itself as a key player in the global pharma supply chain, exporting to multiple countries across regulated and semi-regulated markets. The company’s product portfolio includes APIs such as cephalosporins, formulations including tablets, capsules, and dry syrups, as well as menthol and mint derivatives. Nectar Lifesciences operates integrated manufacturing facilities, enabling it to control quality and costs efficiently. It caters to both domestic and international pharmaceutical companies, with a strong presence in export markets. With manufacturing units located in Punjab and Himachal Pradesh, Nectar Lifesciences focuses on research-driven growth, regulatory compliance, and expanding its product offerings. The company aims to strengthen its position in high-value pharmaceutical segments while maintaining consistent quality and global standards.+ Read More
Contact Details
Nectar Lifesciences Ltd. AddressVillage SaidpuraTehsil DerabassiDist.PatialaPatiala, Punjab, 16000291 172 2658317ipo@neclife.comVisit Website