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Open
29 Jan to 9 Feb, 2016
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Close
29 Jan to 9 Feb, 2016
3
Allotment
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Listing
Mon, Feb 22, 2016
Price Band
₹15 per share
Issue Size
10,24,000 shares (agg. up to ₹2 Cr)
Lot Size
8,000 Shares
Listing Date
Mon, Feb 22, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.08x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Alkem Laboratories Ltd. | Mainboard | ₹1,347.76 Cr | ₹1050 | null | ₹1,381.70 | +31.59% | ₹5,563.00 (-2.64%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Deployment of production capacity | 0.25 |
| 2 | Marketing and Brand Building | 0.70 |
| 3 | General Corporate Purpose | 0.30 |
| 4 | Issue Expenses | 0.29 |
About Ganga Pharmaceuticals IPO
Incorporated in 1994, Ganga Pharmaceuticals Ltd (GPL) is engaged in production of quality Bulk Ayurvedic Medicines in Mumbai. Apart from manufacturing, the company is also into marketing, distribution of Bulk Ayurvedic Medicines all over Maharashtra.Company is manufacturing the following proprietary products:1) Ampachan Vati;2) Khadira Vati;3) Nirmalaya churna Company's products are available in liquid dosage form and solid dosage forms. Liquid dosage form includes Oil-based products and solid dosage forms includes Powder-based products, Tablets, and Pills.+ Read More
Contact Details
Ganga Pharmaceuticals Ltd. Address1-A, 802N.G.Suncity Ph IIKandivali EastMumbai, Maharashtra, 400101+91 250 609 8333/444ayurvedganga@gmail.comVisit Website