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Shree Ganesh Remedies Ltd IPO (SGRL IPO) Details

Shree Ganesh Remedies Ltd IPO (SGRL IPO) Details:

Shree Ganesh Remedies Ltd engages in the manufacture and dispatch of drug intermediates and chemicals for pharmaceutical industry in India.

It provides various products, such as di methyl amino propyl chloride hydrochloric acid, trityl chloride, 4-chloro 4 fluoro butyrophenone, methyl cyclo propane carboxylate acid/ acid chloride, 1-b romo-4-propylheptane, sodium bis (trimethylsilyl) amide, tyramine hydrochloric acid/base, hexadienyl acetate, and cyclo propane carboxylic acid.

The company provides its products in the areas of antipsychotic, antiseptic, deprotonation reaction, hyperlipidemia, alzheimer, and anti-viral.

Shree Ganesh Remedies Ltd also exports its products. The company was incorporated in 1995 and is headquartered in Ankleshwar, India.

Objects of the Issue:

Company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Setting up a new Choloro Compound derivatives manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat (“Project”);
  2. General Corporate Purposes
Shree Ganesh Remedies Ltd IPO (SGRL IPO) Details:
  1. Issue Open: September 28, 2017 – October 05, 2017
  2. Issue Type: Fixed Price Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 2,376,000 Equity Shares of Rs 10 aggregating up to Rs 8.55 Cr
  5. Issue Price: Rs 36 Per Equity Share
  6. Market Lot: 3000 Shares
  7. Minimum Order Quantity: 3000 Shares
  8. Listing At: BSE SME

* To Be Updated

Book Running Lead Manager:

FEDEX SECURITIES LIMITED
305, Enterprise Centre, Nehru Road, Vile Parle (East), Mumbai
400099, Maharashtra, India
Tel No.: 022 2613 6460 / 07977023417  Fax No.: 022 2618 6966
E-mail: mb@fedsec.in

REGISTRAR TO THE ISSUE:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana
Road, Marol, Andheri (East), Mumbai 400059
Tel No.: 022 6262 8200  Fax No.: 022 6263 8299
E-mail: ipo@bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com

Draft Red Herring Prospectus (DRHP) Of Shree Ganesh Remedies Ltd IPO (SGRL IPO):

Shree Ganesh Remedies Ltd (SGRL) IPO Prospectus

Red Herring Prospectus (RHP) Of Shree Ganesh Remedies Ltd IPO (SGRL IPO):

Shree Ganesh Remedies Ltd (SGRL) IPO Prospectus

Shree Ganesh Remedies Ltd IPO (SGRL IPO) Grey Market Premium (GMP):

Grey Market Premium (GMP) of Shree Ganesh Remedies Ltd IPO (SGRL IPO) is not active as of now.

Shree Ganesh Remedies Ltd IPO (SGRL IPO) Allotment and Listing Dates Schedule:

  • 28/Sep/17 – Bid/Offer Opening Date
  • 05/Oct/17 – Bid/Offer Closing Date
  • 10/Oct/17 – Finalisation of Basis of Allotment
  • 11/Oct/17 – Unblocking of Funds from ASBA Account
  • 12/Oct/17 – Credit of Equity Shares to Demat Account
  • 13/Oct/17 – Commencement of Trading on NSE/BSE

* To Be Updated

How To Check Shree Ganesh Remedies Ltd IPO (SGRL IPO) Allotment Status:

To Check Shree Ganesh Remedies Ltd (SGRL) IPO Allotment Status : Click Here

  1. Select Shree Ganesh Remedies Ltd IPO (SGRL IPO) from the first drop Down Menu
  2. Select PAN Card from the second drop Down Menu
  3. Provide your PAN Number.

Market Update:

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Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insuranceSBI life insurance IPO etc.

Keep watching this blog to keep yourself updated with all the news.

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