Chandra Bhagat Pharma Ltd IPO
(i) The Company was incorporated as “Chandra Bhagat Pharma Private Limited” at Mumbai on March 10, 2003, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by Assistant Registrar of Companies, Maharashtra, Mumbai. On April 1, 2003, the company acquired the going concern business of M/s. Chandra Bhagat Corporation (“partnership firm”) along with all its assets and liabilities. However, on March 20, 2019, it has converted from Private Limited Company to Public Limited Company.
(ii) They are engaged in the business of marketing pharmaceutical critical care & health care products. For which they have obtained necessary approvals from FDA for getting the manufacture of the formulation from contract manufacturers on loan license or on principle to principle basis. Presently they have Contract Manufacturing Agreement with 4 pharmaceutical companies/entitiesThey also, take the necessary Trademark approvals & registrations wherever required.
(iii) At present, they have a wide range of products portfolio of a pharmaceutical formulation including IV & IM range Injections, few tablets to cater to the Domestic & Export Market. They have established a presence in major therapeutic categories for formulations such as Anti-cancer (Oncology), Antibiotics, Anesthesia, Hormones, Orthopedic, Cardiac, Cardiovascular, 77 Anti-fungal, Antiviral, Pediatrics, Cardiology, Nephrology, Neurology, etc. They are also engaged in promoting and marketing of Active Pharmaceuticals Ingredients (API’s) in India.
Objects of the Chandra Bhagat Pharma Ltd IPO:
Chandra Bhagat Pharma Ltd IPO Details:
Open Date: | Jan 31 2020 |
Close Date: | Feb 06 2020 |
Total Shares: | 2000000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Fixed Price |
Issue Size: | 10.20 Cr. |
Lot Size: | 2000 Shares |
Issue Price: | ₹ 51 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Feb 14 2020 |
Promoters And Management:
Financials of Chandra Bhagat Pharma Ltd IPO:
Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS | NW | RONW |
2017 | 9,028.11 | 439.45 | 5% | 66.03 | 1% | 55.45 | 10 | 1.19 | 741 | 9% |
2018 | 9773.41 | 474.98 | 5% | 103.38 | 1% | 55.45 | 10 | 1.86 | 844 | 12% |
2019 | 10671.83 | 467.35 | 4% | 62.59 | 1% | 55.45 | 10 | 1.13 | 1437 | 4% |
Post -IPO | 75.45 | 10 | 0.83 | 1499 | 3% | |||||
CAGR | 9% | 3% | -3% |
Comparison With Peers:
Name of the Company | F.V. | EPS | P/E Ratio | RONW | |||
Chandra Bhagat Pharma Limited | 10 | 1.17 | 43.59 | 4.71 | |||
Earum Pharmaceuticals Limited | 10 | 53.83 | 0.84 | 27.95 | |||
Vaishali Pharma Limited | 10 | 1.08 | 24.12 | 3.73 |