Par Drugs & Chemicals Ltd IPO

Closed

Subscription Details

  • Open Date 03 May
  • Close Date 08 May
  • Lot Size 2000
  • IPO Size ₹ 8.53 Cr
  • IPO Price Range ₹ 51
  • Min Investment ₹ 102000

Par Drugs & Chemicals Ltd IPO Timeline

Open Date
03 May
Close Date
08 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer consisiting of fresh issue of 16,72,000 equity shares of face value of Rs. 10 each fully paid of Par Drugs and Chemicals Limited (The Issuer or The Company) 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 Rs. 8.53 crores (The Issue) of which 84,000 equity shares of face value Rs. 10 each for Cash at a price of Rs. 51 per equity share, aggregating Rs. 0.43 crores will be reserved for subscription by the market maker to the Issue (The Market Maker reservation portion) and 30,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 51 per Equity share, aggregating upto Rs. 0.15 crores will be reserved for subscription by eligible employees (As defined) which constitute 0.49% of the post-issue paid-up equity share capital (Employee Reservation Portion). The issue less market maker reservation portion and employee reservation portion i.e. Issue 15,58,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.18% and 25.32%, respectively of the fully Diluted 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 of Rs. 51 is 5.1 times of the face value of the equity shares. Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Par Drugs & Chemicals Ltd IPO

Contact Information

Address

805 Dwarkesh Complex,
RC Dutt Road Alkapuri,
Vadodara, Gujarat 390007

Par Drugs & Chemicals Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account