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Open
28 Sep to 5 Oct, 2017
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Close
28 Sep to 5 Oct, 2017
3
Allotment
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Listing
Fri, Oct 13, 2017
Price Band
₹36 per share
Issue Size
23,76,000 shares (agg. up to ₹9 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Oct 13, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.69x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 21.17 | 15.67 | 15.25 |
| Total Income | 20.32 | 15.88 | 16.99 |
| Profit After Tax | 2.61 | 1.08 | 1.27 |
| NET Worth | 16.54 | 13.99 | 12.90 |
| Reserves and Surplus | 15.44 | 12.89 | 11.80 |
| Total Borrowing | 0.02 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| ANG Lifesciences India Ltd. | SME | ₹12.01 Cr | ₹80 | null | ₹96.00 | +20.00% | ₹33.22 (-2.32%) |
| Vaishali Pharma Ltd. | SME | ₹14.23 Cr | ₹72 | null | ₹70.35 | -2.29% | ₹7.84 (-0.51%) |
| Zota Health Care Ltd. | SME | ₹58.50 Cr | ₹125 | null | ₹125.60 | +0.48% | ₹1,349.70 (-1.48%) |
| Sakar Healthcare Ltd. | SME | ₹14.81 Cr | ₹50 | null | ₹52.15 | +4.30% | ₹877.70 (-2.15%) |
| Eris Lifesciences Ltd. | Mainboard | ₹1,740.49 Cr | ₹603 | null | ₹601.50 | -0.25% | ₹1,455.40 (-2.44%) |
| Laurus Labs Ltd. | Mainboard | ₹1,330.51 Cr | ₹428 | null | ₹480.40 | +12.24% | ₹1,529.80 (-1.79%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new Choloro Compound derivatives manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat | 8.56 |
| 2 | General Corporate Purposes | 1.12 |
About Shree Ganesh Remedies IPO
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.+ Read More
Contact Details
Shree Ganesh Remedies Ltd. AddressPlot no.6011G.I.D.CAnkleshwar, Gujarat, 39300202646 227777investors@ganeshremedies.comVisit Website