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Par Drugs & Chemicals Ltd

Registered Office : 805 Dwarkesh Complex,RC Dutt Road Alkapuri,Vadodara Gujarat 390007 Phone : 91-265-2332018
Fax :

Email : cs.sanket@pardrugs.com

Website : www.pardrugs.com

Initial public offer consisiting of fresh issue of 16,72,000 equity shares of face value of Rs. 10 each fully paid of Par Drugs and Chemicals Limited ("The Issuer" or "The Company") for cash at a price of Rs. 51 per equity share (including a share premium of Rs. 41 per Equity share) (the "Issue Price") aggregating Rs. 8.53 crores (The "Issue") of which 84,000 equity shares of face value Rs. 10 each for Cash at a price of Rs. 51 per equity share, aggregating Rs. 0.43 crores will be reserved for subscription by the market maker to the Issue (The "Market Maker reservation portion") and 30,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 51 per Equity share, aggregating upto Rs. 0.15 crores will be reserved for subscription by eligible employees (As defined) which constitute 0.49% of the post-issue paid-up equity share capital ("Employee Reservation Portion"). The issue less market maker reservation portion and employee reservation portion i.e. Issue 15,58,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.18% and 25.32%, respectively of the fully Diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 51 is 5.1 times of the face value of the equity shares. Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue

Opens On

Closes On

03-May-2019

08-May-2019

Money Payable On

Application

Allotment

51.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

8.53

6.15

51.00

Pantomath Capital Advisors Pvt Ltd

Projects

Funding the working capital requirements of the company

General corporate purposes

Promoted By

Falgun Vallabhbhai Savani

Jignesh Vallabhbhai Savani

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd