Bajaj Health Care Limited SME IPO – Snapshot, details

Bajaj Health Care Limited has got an in-principle approval letter from BSE for using its name in the Offer Document for listing its shares on the SME Platform of the BSE. For the purpose of this Offer, the Designated Stock Exchange will be the BSE Limited (“BSE”).

Company profile

Bajaj Health Care Limited started its business in 1993 with an Active Pharmaceutical Ingredients (API)  manufacturing unit in Tarapur  near Mumbai. The firm runs five manufacturing units for manufacture of API Intermediates and Formulations. It acquired and set up an Intermediate Unit in Tarapur MIDC, near Mumbai in November 2014. The company offers various products like APIs in the therapeutic categories of Neutraceutical (Amino Acids), Vitamins, Anti-Convulsants, Bactericidal & Bacteriostatic, Diuretic & Vasodilator, Mineral& Nutritional supplements, Bronchodilater / Anti-asthmatic and Nootropics. Formulations unit of the company makes tablets, capsules and sachets for its own brands as well as under Loan License (job work) for other pharmaceutical companies.

The company is facilitating to supply APIs and FDFs both domestically and exporting to various countries in regions like, Europe, USA, Australia, Africa, South America, etc. Glaxo Smithkline Consumer Healthcare Ltd., Ava Inc., Abbott Healthcare Pvt. Ltd., Piramal Enterprises Ltd., Pfizer Ltd., Colgate Palmolive India Ltd., Lupin Ltd. and Intas Pharmaceuticals are the main clients of the company.

The revenues of the company surged by 6.52% to Rs. 21837.63 lakhs in finacial year 2014-15 against 20,500.64 lakhs in financial year 2013-14 and 19.95% higher from Rs. 17,090.25 lakhs in Financial year 2012-2013. Net Profit after tax for 2014-15 is recorded higher at Rs. 751.48 lakhs compared to last season record Rs.197.14 lakhs and Rs. 105.85 lakhs in 2012/13.

Outlook of the Company:-

1) Experienced promoters

2) Established Marketing Setup and Diversified Customer Base

3) Wide range of products – APIs& FDFs

4) Facility designed to serve multiple products range

5) Strategic Location of Manufacturing Units

6) Compliance with Quality Standards to serve international markets

7) In-house QA / QC and R&D for quality control


Purpose of the issue:-

  1. Repayment of loans; and
  2. Funding expenditure for General Corporate Purposes.
  3. General corporate purpose.

Summary Of Issue:

Issue Open:- April 27, 2016 – May 2, 2016
Issue Type Fixed Price Issue IPO
Issue Size 1,817,600 Equity Shares of Rs. 10 aggregating up to Rs 30.90 Cr
Face Value Rs. 10 Per Equity Share
Issue Price Rs. 170 Per Equity Share
Market lots 800 Shares
Minimum Order Quantity 800 Shares
Listing At BSE, SME

Promoters Of the Company

1) Mr. SajanKumar R. Bajaj:- He is a core promoter of the company.  He had started his career in pharmaceutical industry in the year 1985.

2) Promoters Group (as defined by SEBI (ICDR) Regulations) :- Ms. Namrata S. Bajaj, Ms. Nihita S. Bajaj, SKR Bajaj (HUF), Mrs. Babita S. Bajaj, Bajaj Health & Nutrition Pvt. Ltd, Bansal Pharma Ltd.


Particulars For the year/Period ended (Rs. in Millions)
Financial Year 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12 31-Mar-11
Total Equity & Liabilities 14559.28 14516.23 13074.39 12122.63 10319.87
Total Assets 14559.28 14516.23 13074.39 12122.63 10319.87
Total Revenue 21837.63 20500.64 17090.25 14160.78 12109.08
Total Expenses 20635.95 20171.70 17243.45 14055.65 11522.89
Profit After Tax (PAT) 751.48 197.14 -105.58 65.02 447.30


Lead Manager Details:-


Khatau Building, Ground Floor,

Alkesh Dinesh Modi Marg, Fort,  Mumbai – 400 001

Tel No.: +91 – 22 – 2261 8264 / 8635  Fax No.: +91 – 22 – 2263 0434



Contact Person: Mr. Pranav Nagar / Mr. Shreyas Shah

SEBI Registration No. INM000011344


Registrar Of The Issue:-


Unit No 1, Luthra Ind. Premises, 1st Floor, 44 – E

Vasanji Marg, Andheri Kurla Road, Safed Pool, Andheri (E),Mumbai – 400 072

Tel: +91 – 22 – 2851 5606   Fax: +91 – 22 – 2851 2885



Contact Person: Mr. K. C. Ajitkumar

SEBI Registration No.: INR000002102


Registered Office:

N- 216, MIDC, Tarapur, Boisar,

Dist. Thane – 401 506;

Tel No.: +91- 2525 – 655208 / 655209;  Fax No.: +91 – 2525 – 661074

Corporate Office: 202-204, Faiz-E-Qutbi,  2nd Floor, 375, Narshi Natha Street,  Mumbai – 400 009;

Tel No.: +91 – 22 – 40177477;  Fax No.: +91 – 22 – 23450481



Contact Person: Mr. Vipul Dubey, Company Secretary and Compliance Officer.

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