Par Drugs and Chemicals Limited IPO
1. The Company was formed on 26.02.1999 in Dadra & Nagar Haveli in the name of “Par Drugs And Chemicals Private Limited”
2. The Company is engaged in the development and manufacture of Active Pharma Ingredients (“APIs”) for the domestic market as well as for exports to international markets.
What are APIs?
The Active Pharmaceutical Ingredient (API) is the part of any drug that produces its effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways.
All drugs are made up of two core components: the API, which is the central ingredient, and the excipients, the substances other than the drug that helps deliver the medication to our system. Excipients are chemically inactive substances, such as lactose or mineral oil.
For instance, if you have a headache, acetaminophen is the active ingredient, while the liquid in the gel-capsule or the bulk of a pill is the excipient.
3. The company presently has 12 APIs and 6 Fine Chemical under their portfolio which is marketed domestically and exported. They supply the products to approximately 16 countries, including both direct and indirect exports. In FY-18, the Domestic business contributed 97% of the revenue and rest by the International market.
Clients– Pfizer Ltd., Cipla Ltd., Cadila Healthcare Ltd., Meyer Organics Pvt. Ltd., Dabur India Ltd.
4. They currently own and operate two manufacturing facilities at Bhavnagar and Ankleshwar in Gujarat.
Objects of the Par Drugs and Chemicals Limited IPO:
Par Drugs and Chemicals Limited IPO Details:
|Open Date:||May 03 2019|
|Close Date:||May 08 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Type|
|Issue Size:||8.53 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 51 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||May 16 2019|
Promoters And Management:
Financials of Par Drugs and Chemicals Limited IPO:
|Balance Sheet Item|
|Key Ratios and Valuation|
Recommendation on Par Drugs and Chemicals Limited IPO:
Lead Manager of Par Drugs and Chemicals Limited IPO:
Registrar of Par Drugs and Chemicals Limited IPO:
Bid Details of Par Drugs and Chemicals Limited IPO as on
08-May-2019 17:00:00 IST
|Category||No.of shares offered||No. of shares bid|