Dipna pharmaChem IPO is engaged in the trading and distribution of a wide range of pharmaceutical raw materials which are also known as APIs.
Dipna pharmaChem IPO – overview
| IPO Dates | 25-30 Aug 2022 |
| IPO Price | INR 38 per share |
| Fresh issue | 4002,000 shares (INR 15.21 crore) |
| Offer For Sale | Nil |
| Total IPO size | 4002,000 shares (INR 15.21 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Dipna PharmaChem IPO -Tentative Dates
| IPO Offer Opening Date | 25 August 2022 |
| IPO Closing Date | 26 August 2022 |
| Finalisation of Basis of Allotment | 30 August 2022 |
| Initiation of refunds | 06 September 2022 |
| Transfer of shares to demat accounts | 07 September 2022 |
| IPO Listing Date | 08 September 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2011, Dipna PharmaChem Limited is engaged in the trading and distribution of a wide range of pharmaceutical raw materials which is also known as APIs (Active Pharmaceutical Ingredients), Excipient and chemical formulation products. The Company also started selling chemicals on a commission basis in the financial year 2022. The company conducts business in Ahmedabad and the surrounding area of Ahmedabad.
The company’s product portfolio comprises 61 AIPs and AIPs intermediates such as Cephalosporins, Cardiovascular, Anti – Bacteria, Quinolones, Veterinary, Anti – Virus, Anti – Inflammatory, Neuropsychiatry, Steroid Hormone.
The company is supplying raw materials to pharmaceutical industries and the pharmaceutical industry falls under the essential business list declared by the Government.
Strengths:
- Diversified Product Portfolio
- Experienced Promoter
- High level of customer satisfaction.
Objects of the Issue
- Working capital requirement.
- General corporate purposes.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 3622.96 | 2479.34 | 1844.18 |
| Total Revenue | 7276.58 | 3101.54 | 3054.85 |
| Profit After Tax | 116.69 | 2.42 | 5.9 |
Company Contact Information
Dipna Pharmachem Limited
A/211, Siddhi Vinayak Complex,
Near D.A.V. School, Makarba,
Ahmedabad – 380 055,
Phone: +91-9898066121
Email: info@dipnapharmachem.com
Website: http://dipnapharmachem.com/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Lead Manager(s)
- Interactive Financial Services Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
