IPO

Shree Ganesh Remedies Ltd IPO

BSE SME

Offer Date: Sep 28, 2017 - Oct 5, 2017

₹ 216000 /6000 Shares
*Min Investment

28 Sep, 2017

Open Date

05 Oct, 2017

Close Date

10 Oct, 2017

Allotment Date

13 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 36 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 23,76,000 Equity Shares of Rs 10 aggregating up to Rs 8.55 Cr
  • Listing at BSE SME
  • Lead Manager FEDEX SECURITIES LIMITED
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Shree Ganesh Remedies Ltd IPO is an SME IPO, priced at Rs 36 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 28, 2017 to Oct 5, 2017. The allotment is expected to be finalized on Oct 10, 2017, and the tentative listing date is Oct 13, 2017.


The registrar of the IPO is Bigshare Services Pvt. Ltd, and

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IPO Subscription Analysis And Details
Retail
23.00x
Total
39.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 11,25,000 11,25,000 22,50,000
Day 1 28-09-17
0.12 x 0.05 x 0.08 x
Day 2 29-09-17
0.49 x 0.13 x 0.31 x
Day 3 03-10-17
0.56 x 0.22 x 0.39 x
Day 4 04-10-17
0.93 x 0.48 x 0.71 x
Day 5 05-10-17
1.42 x 2.11 x 1.77 x
Valuations
Earnings Per Share (EPS) Rs 2.91
P/E Ratio 12.35
RoNW 15.81%
Net Asset Value (NAV) Rs 25.07
IPO - Issue Objectives
1

Setting up a new Choloro Compound derivatives manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat

2

General Corporate Purpose