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Open
27 Jan 2010
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Close
29 Jan 2010
3
Allotment
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Listing
Mon, Feb 15, 2010
Price Band
₹65 to ₹75
Issue Size
75,00,000 shares (agg. up to ₹56 Cr)
Lot Size
90 Shares
Listing Date
Mon, Feb 15, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.86x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up our new manufacturing unit at Indore SEZ | 20.48 |
| 2 | To undertake the Upgradation/modernization of manufacturing facilities at Dehradun Plant | 6.62 |
| 3 | To meet Working Capital Requirements | 15.00 |
| 4 | For opening Export Office at Mumbai | 4.00 |
| 5 | For ìBrand & Product Registration and Approvalî | 3.00 |
| 6 | General Corporate Purpose | 2.92 |
| 7 | Issue Expenses | 5.47 |
About Syncom Healthcare IPO
Incorporated in 2002, Syncom Healthcare Ltd is a pharmaceutical company based in central India. Syncom is in the business of manufacturing, marketing & trading of pharmaceuticals formulations under its own brands of Ethical, OTC, Generic and Herbal market segment. Syncom have over 250 products available in various dosage forms including Tablets, Capsules, Liquids, Ointments, Eye/Ear Drops, Dry Syrup, Herbal Products, Protein Powder and External Preparations.Apart from their own Marketing setup (OTC, Generics and Ethical Divisions), Syncom Healthcare is also a leading Contract Manufacturing company catering to various domestic and multinational companies. Syncom have a range of over 400 products and can develop customized products as per the needs of the customer and deliver the products at short notice. Syncom Healthcare manufacturing premises spans is over 1,25,000 sq.fts.The proceeds of the issue are proposed to be utilized for its various expansion plan which include setting up of a new manufacturing unit at Indore SEZ for manufacturing various pharmaceutical formulations, undertaking various upgradation/modernization of manufacturing facilities at Dehradun plant and to set up a
Contact Details
Syncom Healthcare Ltd. Address221, Vyapar BhawanP.D'Mello RoadMumbai, Maharashtra, 400009+91-22-23725193ipo@syncomhealthcare.comVisit Website