IPO

Par Drugs & Chemicals Limited IPO

NSE SME

Offer Date: May 3, 2019 - May 8, 2019

₹ 204000 /4000 Shares
*Min Investment

03 May, 2019

Open Date

08 May, 2019

Close Date

14 May, 2019

Allotment Date

16 May, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 51/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 16,72,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 8.53 Cr
  • Listing at NSE SME
  • Lead Manager Pantomath Capital Advisors Pvt Ltd
  • Registrar Link Intime India Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Par Drugs & Chemicals Limited IPO is an SME IPO, priced at Rs 51/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from May 3, 2019 to May 8, 2019. The allotment is expected to be finalized on May 14, 2019, and the tentative listing date is May 16, 2019.


The registrar of the IPO is Link Intime India Private Limited, and

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IPO Subscription Analysis And Details
Retail
62.00x
Total
89.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved7,78,0007,80,00015,88,000
Day 1 - 03-05-19
1,78,000 0.24 x1,20,000 0.15 x3,28,000 0.21 x
Day 2 - 06-05-19
4,78,000 0.64 x6,18,000 0.79 x11,26,000 0.71 x
Day 3 - 07-03-19
6,90,000 0.92 x14,44,000 1.86 x21,64,000 1.36 x
Day 4 - 08-03-19
27,06,000 3.61 x62,14,000 7.99 x89,50,000 5.64 x
Valuations
Earnings Per Share (EPS) Rs 3.93/-
P/E Ratio 12.98
RoNW 8.31%
Net Asset Value ( As on 30.09.18 ) Rs 60.43/-
IPO - Issue Objectives
1

Funding the working capital requirements of the company.

2

General Corporate Purposes.

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Par Drugs & Chemicals Limited0.8312.988.38%46.41
  Aarti Drugs Limited 2.9717.0017.96%1,262.57
Shilpa Medicare Limited2.7230.238.90%791.53
        Vasundhara Rasayans  Limited0.717.988.88%16.60