CBC Pharma IPO is all about to make its debut on 31 January 2020, with an issue size of 10.20CR. Chandra Bhagat Pharma Ltd, a 2003 corporation, specialises in the sale of life-saving medications in India, including cardiovascular, antineoplastic, antibiotic, and hormone medications. They serve the Domestic and international markets by offering medications and specialized chemical goods.
In India, Chandra Bhagat Pharma Ltd, a company founded in 2003, specialises in selling drugs that can save lives, such as antibiotics, hormones, cardiovascular, and antineoplastic drugs. They provide pharmaceuticals and specialised chemical products to domestic and foreign markets.
INDUSTRY OVERVIEW
Even Nevertheless, the top pharmaceutical firms are based in Europe and the United States. Based on prescription sales, NYCbased Pfizer is the world’s largest pharmaceutical firm. Sales of only pharmaceutical products totaled about 53.6 billion dollars for the corporation in 2018. Johnson & Johnson, Merck & Co., and AbbVie are three further leading international companies based in the United States. The big five pharmaceutical companies in Europe are Novartis and Roche from Switzerland, GSK and AstraZeneca from the United Kingdom, and Sanofi from France.
CBC Pharma IPO Details
| IPO Date | Jan 31, 2020 to Feb 6, 2020 |
| Listing Date | Friday, February 14, 2020 |
| Face Value | ₹10 per share |
| Price | ₹51 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,000,000 shares of ₹10(aggregating up to ₹10.20 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| P/E (x) | 51 |
| Market Cap (₹ Cr.) | 38.48 |
CBC Pharma IPO Tentative Dates
| Event | Tentative Date |
| Opening Date | Jan 31, 2020 |
| Closing Date | Feb 6, 2020 |
| Basis of Allotment | Feb 11, 2020 |
| Initiation of Refunds | Feb 13, 2020 |
| Credit of Shares to Demat | Feb 13, 2020 |
| Listing Date | Feb 14, 2020 |
Company Financials
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
| 30-July-19 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 8,594.26 | 8,285.52 | 5,805.76 | 5,589.60 | |
| Total Revenue | 3,344.50 | 10,671.83 | 9,773.41 | 9,028.11 | |
| Profit After Tax | 24.88 | 62.59 | 103.38 | 66.03 |
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Incremental Working Capital Requirements;
2. Setting up Distribution and Warehousing Centre’s;
3. General Corporate Purpose;
4. To meet Public Issue Expenses
CBC Pharma IPO Prospectus
Company Contact Information
Chandra Bhagat Pharma Ltd
323-F Bhagat Bhuvan,
Dr. Ambedkar Road,
Matunga (East) Mumbai- 400019
Phone: +91 22 2414 6154
Email: compliance@cbcpharma.net
Website: http://cbcpharma.com/
CBC Pharma IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: cbpl.ipo@linkintime.co.in
Website: https://linkintime.co.in/
CBC Pharma IPO Lead Manager(s)
- Beeline Broking Ltd (Past IPO Performance)
