Sakar Healthcare IPO All Set to List on NSE SME platform

sakar healthcare ipoSakar 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).

Company Profile:

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:

  1. Strong Manufacturing Facilities;
  2. Registered and qualitative Products;
  3. Recurring Business from existing customers;
  4. Various product range;
  5. Experienced Promoters and Management Team.

Objects Of The Issue:

  1. To set up a new Lyophilization facility to manufacture Lyophilized Products (Injectable) in existing unit at Changodar, Ahmedabad, Gujarat;
  2. To obtain registration of European Union GMP;
  3. For Launching new products;
  4. Working capital requirement;
  5. 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:-

  1. Click on the given link See Allotment Status here
  2. Go to Application Status
  3. Select IPO as Sakar Healthcare IPO
  4. 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.

Financials:

Particulars   For the year/Period ended (Rs. in Lakhs)
Financial Year 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total  Liabilities 5110.95 3618.32 3801.14 3740.95 3657.82
Total Assets 5110.95 3618.32 3801.14 3740.95 3657.82
Total Revenue 4143.24 3505.27 2971.03 2971.07 1626.73
Total Expenses 3855.41 3263.67 2770.65 2019.08 1480.79
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

Email: ipo@pantomathgroup.com

Investor Grievance Email: ipo@pantomathgroup.com

Web: www.pantomathgroup.com

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;

Email: shl.ipo@linkintime.co.in;

Website: www.bigshareonline.com

Investor Grievance Id: shl.ipo@linkintime.co.in;

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;

Website: www.sakarhealthcare.com

Contact Person: Pratixa Seju, Company Secretary and Compliance Officer

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