Business Standard

Chandra Bhagat Pharma Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

10.20 cr

Price Range (₹)

51

Lot Size

2000

Min Investment (₹)

1,02,000.00

Listing Exchange

BSE - SME

Open Date

31-Jan-2020

Close Date

06-Feb-2020

Listing Date

14-Feb-2020

Chandra Bhagat Pharma Ltd News

    The Shares of Chandra Bhagat Pharma Ltd have now been listed.

    Chandra Bhagat Pharma Ltd IPO Details

    Public Issue of 2000000 equity shares of face value of Rs. 10 each of Chandra Bhagat Pharma Limited (cbc or the company or the issuer) for cash at a price of Rs. 51 per equity share including a share premium of Rs.41 per equity share (the issue price) aggregating to Rs. 10.20 Crores (the issue), of which 100000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share including a share premium of Rs. 41 per equity share aggregating to Rs. 0.51 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 1900000 equity shares of face value of Rs. 10 each at a price of Rs. 51 per equity share including a share premium of Rs. 41 per equity share aggregating to Rs. 9.69 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.51% and 25.18% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price is Rs. 51. The issue price is 5.1 times of the face value.

    Objective of issue

    To Meet Incremental Working Capital Requirements. Setting up Distribution and Warehousing Centre's. General Corporate Purpose.

    Chandra Bhagat Pharma Ltd Contact Details

    Chandra Bhagat Pharma Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - compliance@cbcpharma.net

    Website - www.cbcpharma.com