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Chandra Bhagat Pharma Limited Logo

Chandra Bhagat Pharma Limited

Jan 31, 2020 – Feb 06, 2020
Listed Price:
₹51.70
(+1.37%)
Price Band₹51 - ₹51
Lot Size2,000 Shares
Allotment DateFeb 12, 2020
Listing DateFeb 14, 2020
Subscription-
Issue Size₹10.20 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Chandra Bhagat Pharma Limited's successfully completed its Initial Public Offering and commenced trading on Feb 14, 2020 at the BSE exchange. The company raised 20,00,000 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹51 to ₹51, with minimum application lots of 2000 shares. The offering attracted significant investor interest during its subscription period from Jan 31, 2020 to Feb 06, 2020.

Share allotment was finalized on Feb 12, 2020, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Chandra Bhagat IPO Details
IPO Date
:
Jan 31, 2020 to Feb 06, 2020
Allotment Date
:
Feb 12, 2020
List Date
:
Feb 14, 2020
Lot Size
:
2,000 share
Issue Price
:
₹51 - ₹51
Issue Size
:
20,00,000 (aggregating up to 10.20 Cr)
Fresh Issue
:
-
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
55,45,056
Share Holding Post-Issue
:
75,45,056
Market Marker Portion
:
2,00,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares20,00,000
Market Maker
5.00%(1,00,000)
HNI
47.50%(9,50,000)
RETAIL
47.50%(9,50,000)
Total
100.00%(20,00,000)
Chandra Bhagat IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (in Lakhs)
Chandra Bhagat IPO About Company

Chandra Bhagat Pharma Limited, established in 2003, is engaged in marketing lifesaving medicines in India across therapeutic areas such as cardiovascular care, cancer treatment, antibiotics, hormones, anesthesia, pediatrics, nephrology, antiviral, antifungal, and neurology. The company operates under its own brand with the support of an in-house sales team and distribution network that supplies healthcare centers and hospitals, while also dealing in specialty chemicals. In addition to finished formulations, it imports, supplies, and undertakes indenting of active pharmaceutical ingredients and intermediates, and holds FDA approval to manufacture formulations through contract manufacturers. Its storage facilities are located on a leased basis in Bhiwandi, Thane, Maharashtra, and the company also exports pharmaceutical products to international markets including DR Congo, Bolivia, and the Philippines.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Chandra Bhagat IPO Strength Factors
  1. Business model focused on customer needs and orders
  2. Strong ties with multinational companies (MNCs)
  3. Offers a wide range of products, including APIs and pharmaceuticals
  4. Has contract manufacturing services
  5. Operates in both Indian and global markets
⚠️Chandra Bhagat IPO Risk Factors

NA

🏦Chandra Bhagat IPO Lead Manager(s)
Beeline Capital Advisors Private Limited
👤Chandra Bhagat IPO Promoter(s)
  1. Mr. Hemant Chandravadan Bhagat,
  2. Mr. Pranav Hemant Bhagat
🏢Chandra Bhagat IPO Company Details

Chandra Bhagat Pharma Limited

Phone:+91 22 2414 6154
address:323-F Bhagat Bhuvan, Dr. Ambedkar Road, Matunga (East) Mumbai- 400019
📋Chandra Bhagat IPO Registrar

Link Intime India Private Limited

Name:Link Intime India Private Limited
Phone:+91-22-4918 6270
Chandra Bhagat IPO FAQs
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