Novateor Research Laboratories Ltd IPO Limited
(i) The company is leading the development of novel personal care products that are intended to provide a safe, easy and innovative approach to the existing traditional personal care solutions.
(ii) They develop products that could provide significant clinical as well as commercial advantage. The company’s manufacturing facility located at Sanand Taluka, Ahmedabad District is well equipped with the state of the art building structure, types of machinery and technology.
(iii) The product Teeth Whitening is sold under brand name ―SmiloShine‖. They manufacture three different variants of Teeth Whitening Strips. The products are first of a kind in India in the teeth whitening industry with FDCA approval. The company intends to expand its business in cosmetics, various health care pharma products, and specialty pharma in the near future.
(iv) The customer base consists of well trained, highly skilled and experienced Dentists. Dentists and other end users have found our products to be innovative, user-friendly, safe, pocket-friendly and very effective results vis-à-vis traditional teeth whitening products.
Objects of the Novateor Research Laboratories Ltd IPO Limited:
Novateor Research Laboratories Ltd IPO Limited Details:
|Open Date:||Aug 30 2019|
|Close Date:||Sep 04 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Issue|
|Issue Size:||4.49 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 24 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 12 2019|
Promoters And Management:
Recommendation on Novateor Research Laboratories Ltd IPO Limited:
Lead Manager of Novateor Research Laboratories Ltd IPO Limited:
Registrar of Novateor Research Laboratories Ltd IPO Limited:
Bid Details of Novateor Research Laboratories Ltd IPO Limited as on
04 Sep 2019 | 11:55:01 PM
|Category||No.of shares offered||No. of shares bid|