Sakar Healthcare Limited is set to be listed on the NSE SME with its IPO in coming days. Check for price band and dates of Sakar Healthcare IPO along with company profile, Allotment Status, Listing Dates, and various other important and relevant details. They have already filed an Red Herring Prospectus and received the nod for the same from SEBI.
The IPO is scheduled for 30 September,2016 with a price band of Rs.42 to Rs.50 Per Equity Share. The lot size for applying the IPO is for 3000 shares. The issue mandates all investors to apply through ASBA i.e. Application supported by Blocked amount only. The maximum application amount for retail investor stood at Rs. 2 lacs. Equity shares offering by the bank aggregating up to 29,61,000 worth Rs.14.81 Crore (Initial Public Offer).
The Company was incorporated on March 26, 2004 based in Gujarat, India. It is engaged into a business of manufacturing pharmaceutical products offering liquid Orals, Cephalosporin Tablet, Capsule, Dry Powder Syrup, Liquid Injectables (SVP) in Ampoules and Vials & Dry Powder Injections for leading Multinational pharmaceutical companies. It is spread over domestic and international markets. The company sells its own products in the domestic market through the third party. Its products are analgesics, antielminthics, anti coagulants, anti malarial, anti spasmodics, antianemics, antibiotics, anti-emetics, anti-histamines, bronchodilators, corticosteroids, cough and cold preparations, multivitamins, etc.
The firm is spread over 40 countries and establishing and expanding as an exporter of pharmaceutical products from India to the developed countries.
Outlook of the Firm:
- Strong Manufacturing Facilities;
- Registered and qualitative Products;
- Recurring Business from existing customers;
- Various product range;
- Experienced Promoters and Management Team.
Objects Of The Issue:
- To set up a new Lyophilization facility to manufacture Lyophilized Products (Injectable) in existing unit at Changodar, Ahmedabad, Gujarat;
- To obtain registration of European Union GMP;
- For Launching new products;
- Working capital requirement;
- General corporate purposes.
Summary Of Issue:
|Issue Open:-||30 September,2016- 5 October 2016|
|Issue Type||Book Build Issue IPO|
|Issue Size (Shares)||[2,961,000]Equity Shares of Rs. 10|
|Issue Size in (Value)||14.81 Crore|
|Face Value||Rs. 10 Per Equity Share|
|Issue Price||Rs.42-Rs. 50 Per Equity Shares|
|Market lots||3000 Shares|
|Minimum Order Quantity||3000 Shares|
|Listing At||NSE SME|
The Public offer includes:- 29,61,000 Equity Shares
Sakar Healthcare IPO Allotment Status
Sakar Healthcare IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
one can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- Click on the given link See Allotment Status here
- Go to Application Status
- Select IPO as Sakar Healthcare IPO
- Enter you PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
Promoters Of the Company:
1) Dr. Sanjay Shah:- He is 57 year old. He is managing director of the company.
2) Rita Shah:- She is 52 years old. She is whole time director of the company.
|Particulars||For the year/Period ended (Rs. in Lakhs)|
|Profit After Tax (PAT)||755.60||522.77||339.12||163.93||19.42|
Book Running Lead Managers Details:
Pantomath Capital Advisory Private Limited
406-408, Keshav Premises, Behind Family Court
Bandra Kurla Complex , Bandra East, Mumbai -400051
Tel No.: +91 – 2261946725 Fax No.: +91 – 22 – 2659 8690
Investor Grievance Email: firstname.lastname@example.org
SEBI Registration No. INM000012110
Contact Person: Mr. Saahi Kinkhabwala
Registrar To The Issue
Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound, I.B.S. Marg ,
Bhandup (West), Mumbai-40078 Maharashtra , India
Tel:-+91 25963838 Fax: +91 – 25946969;
Investor Grievance Id: email@example.com;
SEBI Registration No.: INR000004058
Contact Person: Vishwas Attavar
Registered Office Details:
Plot No. 10/13, Nr. M.N. Desai Petrol Pump, Sarkhej Bavla Highway , Changodar, Ahemdabad-382213, India
Tel. No.: +912717250477, Fax No.: +91 2717251621;
Email: info@ sakarhealthcare.com;
Contact Person: Pratixa Seju, Company Secretary and Compliance Officer