Business Standard

Sakar Healthcare Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

14.81 cr

Price Range (₹)

50

Lot Size

3000

Min Investment (₹)

1,50,000.00

Listing Exchange

NSE - SME

Open Date

30-Sept-2016

Close Date

05-Oct-2016

Listing Date

14-Oct-2016

Sakar Healthcare Ltd News

    The Shares of Sakar Healthcare Ltd have now been listed.

    Sakar Healthcare Ltd IPO Details

    Initial public offer consisting of fresh issue of 29,61,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 50/- per equity share (including a share premium of Rs. 40/- per equity share) (The Issue Price) aggregating up to Rs. 14.81 crores (The Issue), of which 1,53,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 50/- per equity share, aggregating Rs. 0.77 crores will be reserved for subscription by the market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. issue of 28,08,000 equity shares of face value of RS. 10/- each for cash at a price of Rs. 50/- per equity share, aggregating Rs. 14.04 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.01% and 25.62% respectively of the fully diluted post issue paid up equity capital of the company.The face value of the equity shares is Rs.10 each.The issue price is Rs. 50/- and is 5.00 times of the face value of the equity shares.

    Objective of issue

    To set up a new Lyophilization facility. To obtain registration of European Union GMP. To register new products. To meet working capital requirements. To meet general corporate purpose.

    Sakar Healthcare Ltd Contact Details

    Sakar Healthcare Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - info@sakarhealthcare.com

    Website - www.sakarhealthcare.com