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Quicktouch Technologies IPO: GMP, Price, Dates and size

Quicktouch Technologies Limited, established in 2013, is an information technology company that offers a range of services in the IT sector. The company specializes in Software IT Solution and Consulting Services, IT Product/Software Development, Software Commercial Training, and Web designing. 

One of the key services provided by Quicktouch Technologies Limited is web designing, which encompasses tasks such as website designing and redesigning, iOS and Android mobile app development, digital marketing, and web hosting services. The company helps businesses establish and enhance their online presence by creating visually appealing and user-friendly websites, developing mobile applications for different platforms, implementing digital marketing strategies to reach target audiences, and offering reliable web hosting solutions. 

Quicktouch Technologies

Quicktouch Technologies IPO Details 

IPO Date Apr 18, 2023 to Apr 21, 2023 
Listing Date May 02, 2023
Face Value ₹10 per share 
Price ₹61 per share 
Lot Size 2000 Shares 
Total Issue Size 1,530,000 shares 
(aggregating up to ₹9.33 Cr) 
Fresh Issue 1,530,000 shares 
(aggregating up to ₹9.33 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
A G Universal IPO: GMP, Price, Dates and size

Quicktouch Technologies IPO Tentative Timetable 

IPO opens on Apr 18, 2023, and closes on Apr 21, 2023

Event Tentative Date 
Opening Date Apr 18, 2023 
Closing Date Apr 21, 2023 
Basis of Allotment Apr 26, 2023 
Initiation of Refunds Apr 27, 2023 
Credit of Shares to Demat Apr 28, 2023 
Listing Date May 2, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The information technology industry is characterized by rapid advancements in technology, evolving customer demands, and the need for innovative solutions. Companies like Quicktouch Technologies provide software IT solutions and consulting services to address specific business needs, including custom software development, system integration, and IT infrastructure management. These services help organizations streamline their processes, optimize resource allocation, and improve overall performance. 

Web designing is another significant aspect of the industry. As businesses increasingly rely on online platforms for marketing and customer engagement, the demand for visually appealing and user-friendly websites, as well as mobile applications, continues to grow. Quicktouch Technologies offers web designing services that encompass website development, mobile app development for iOS and Android platforms, digital marketing strategies, and web hosting services. These services assist businesses in establishing a strong online presence and reaching their target audiences effectively. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 618.94 265.92 22.64 140.61 40.61 85.56 
31-Mar-21 673.88 728.12 52.78 193.39 93.39 132.62 
31-Mar-22 1,686.36 2,552.73 221.15 414.54 224.54 58.82 
31-Oct-22 262.85 2,812.66 430.37 1,092.41 667.41 53.90 
Amount in ₹ Lakhs 

Objects of the Issue 

The Company intends to utilize the proceeds of the Issue to meet the following objects: 

  1. To meet the Working Capital requirement of our Company; 
  1. Acquisition of business in similar or complementary areas 
  1. General Corporate Purposes 
  1. Issue related expenses 

Quicktouch Technologies IPO Prospectus

Company Contact Information

Quicktouch Technologies Limited
815, Aggarwal Cyber Plaza-1,
Netaji Subhash Place, Pitampura,
Delhi-110034
Phone: +91 8800166317
Email: info@quicktouch.co.in
Websitehttp://www.quicktouch.co.in/

Quicktouch Technologies IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: virenr@skylinerta.com
Websitehttps://www.skylinerta.com/

Quicktouch Technologies IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)
  2. Khambatta Securities Limited (Past IPO Performance)

Retina Paints IPO: GMP, Price, Dates and size

Retina Paints Limited, established in 2010, is a manufacturing company focused on producing a range of decorative paints, including distempers, wall care products, primers, emulsions, and more. These products are designed for both residential and commercial buildings, catering to the needs of diverse customers. The company’s primary business model is based on Business-to-Business (B2B) operations, wherein they sell their paint products to dealers and distributors who further distribute them to end customers. 

Retina Paints Limited has made significant strides in improving efficiency and customer satisfaction. Notably, they have recently introduced tinting machines to their operations, aiming to enhance the tinting process and overall productivity. These machines consist of multiple colorant reservoirs holding different colors, cleaning fluid supply conduits, and dispenser heads for dispensing colorants into paint containers. The introduction of tinting machines allows for efficient and customizable color mixing, enabling customers to achieve their desired paint shades easily. 

Retina Paints

Retina Paints IPO Details 

IPO Date Apr 19, 2023 to Apr 24, 2023 
Listing Date May 3, 2023 
Face Value ₹10 per share 
Price ₹30 per share 
Lot Size 4000 Shares 
Total Issue Size 3,700,000 shares 
(aggregating up to ₹11.10 Cr) 
Fresh Issue 3,700,000 shares 
(aggregating up to ₹11.10 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
A G Universal IPO: GMP, Price, Dates and size

Retina Paints IPO Tentative Timetable 

IPO opens on Apr 19, 2023, and closes on Apr 24, 2023

Event Tentative Date 
Opening Date Apr 19, 2023 
Closing Date Apr 24, 2023 
Basis of Allotment Apr 27, 2023 
Initiation of Refunds Apr 28, 2023 
Credit of Shares to Demat May 2, 2023 
Listing Date May 3, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

Decorative paints, such as distempers, wall care products, primers, and emulsions, offered by companies like Retina Paints Limited, are utilized to enhance the aesthetic appeal of buildings, protect surfaces, and provide a variety of finishes. These paints are applied to interior and exterior walls, furniture, and other surfaces to create desired visual effects and protect against wear and tear. 

The decorative paints industry is driven by factors such as construction and real estate activities, renovation and remodeling projects, changing consumer preferences, and the overall economic environment. Growth in the industry is closely tied to the construction sector’s performance, as increased construction activities lead to higher demand for paints and coatings. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 670.34 681.44 4.67 90.86 18.86 319.10 
31-Mar-21 986.71 685.99 4.55 95.41 23.41 614.11 
31-Mar-22 1,162.77 647.24 11.33 219.74 34.74 588.01 
30-Nov-22 2,074.77 533.88 39.99 1,240.73 728.73 433.44 
Amount in ₹ Lakhs 

Objects of the Issue 

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects: 

  1. Working Capital Requirements 
  1. General Corporate Purposes. 

Retina Paints IPO Prospectus

Company Contact Information

Retina Paints Limited
Block No 2, Floors 2 & 3, Survey No. 184 & 185,
Opp Ganesh Kaman, Phase V, IDA, Cherlapally,
Hyderabad – 500051, Rangareddi
Phone: 7330641515
Email: info@retinapaints.com
Websitehttp://www.retinapaints.com/

Retina Paints IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

Retina Paints IPO Lead Manager(s)

  1. Gretex Corporate Services Pvt Ltd (Past IPO Performance)

Udayshivakumar Infra IPO: GMP, Price, Dates & size

Udayshivakumar Infra IPO<a href=: GMP, Price, Dates & size" title="Udayshivakumar Infra IPO: GMP, Price, Dates & size" />

Udayshivakumar Infra Limited is a construction company that specializes in building roads, such as State Highways, District Roads, Smart Roads under Municipal Corporations, Smart Roads under PM’s Smart City Mission projects, National Highways, Bruhat Bengaluru Mahanagara Palike (BBMP), and Local Area Roads in various Taluka Places. Established in 2019, the company holds certifications for ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, demonstrating their commitment to quality management, environmental responsibility, and occupational health and safety. 

Udayshivakumar Infra Limited mainly operates within the state of Karnataka, where they participate in bidding for various construction projects such as Roads, Bridges, Irrigation & Canals Industrial Area. This includes National Highways under the Ministry of Road Transport and Highways (MORTH), State Highway Development Corporations Ltd. (SHDP), as well as government departments like the Karnataka Public Works Ports & Inland Water Transport Department (KPWP & IWTD), Davanagere Harihara Urban Development Authority (DHUDA), and other similar entities. 

Udayshivakumar Infra IPO Details 

IPO Date Mar 20, 2023 to Mar 23, 2023 
Listing Date Apr 03 2023
Face Value ₹10 per share 
Price ₹33 to ₹35 per share 
Lot Size 428 Shares 
Total Issue Size [.] shares 
(aggregating up to ₹66.00 Cr) 
Fresh Issue [.] shares 
(aggregating up to ₹66.00 Cr) 
Issue Type Book Built Issue IPO 
Listing At BSE, NSE 
ITCONS E-Solutions IPO: GMP, Price, Dates & size

Udayshivakumar Infra IPO Tentative Dates 

Event Tentative Date 
Opening Date Mar 20, 2023 
Closing Date Mar 23, 2023 
Basis of Allotment Mar 28, 2023 
Initiation of Refunds Mar 29, 2023 
Credit of Shares to Demat Mar 31, 2023 
Listing Date Apr 3, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 
Udayshivakumar Infra

Industry Overview 

The road construction sector is an essential part of the construction industry as it is responsible for building and maintaining road infrastructure. This sector plays a vital role in enhancing connectivity, improving transportation, and promoting economic growth. With the increasing focus on infrastructure development in India, the road construction sector has tremendous potential for growth. 

The compound annual growth rate (CAGR) of the Indian construction industry, including the road construction sector, has been projected to be around 15-20% for the next five years. This growth is driven by the government’s infrastructure development initiatives, such as the Bharatmala Pariyojana, which is a road and highways project aimed at improving connectivity and boosting economic growth. 

Company Overview 

Udayshivakumar Infra Limited is an Indian infrastructure company that specializes in construction and development projects. Founded in 2008, the company has established a strong reputation in the industry for its commitment to quality and timely completion of projects. They have a diverse portfolio of projects that includes highways, bridges, water supply systems, and more. 

The company has a dedicated team of professionals who are experienced in all aspects of project management, from planning to execution. They use state-of-the-art technology and equipment to ensure that their projects are completed efficiently and to the highest standards. With a strong focus on sustainability and environmental responsibility, Udayshivakumar Infra Limited is a trusted partner for clients who require innovative solutions for their infrastructure needs. 

Company Financials 

Udayshivakumar Infra Limited Financial Information (Restated) 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-20 158.26 194.41 10.49 46.87 33.95 
31-Mar-21 146.82 211.11 9.32 56.18 30.60 
31-Mar-22 162.61 186.39 12.15 68.32 26.48 
30-Sep-22 178.90 107.14 10.02 78.34 39.46 
Amount in ₹ Crore 

Objects of the Issue 

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects: 

  1. Funding incremental working capital requirements of our Company; 
  1. General corporate purposes. 

Strengths 

  • Experience and Expertise 
  • Strong Reputation 
  • Focus on Sustainability 

Weaknesses 

  • Limited Geographic Presence 
  • Dependence on Government Contracts 
  • Capital Intensive Business 

Udayshivakumar Infra IPO Prospectus

Company Contact Information

Udayshivakumar Infra Limited
1924A/196, Banashankari Badavane,
Near NH-4 Bypass,
Davangere – 577 005
Phone: +91 819 229 7009
Email: cs@uskinfra.com
Websitehttp://www.uskinfra.com/

Udayshivakumar Infra IPO Registrar

MAS Services Limited

Phone: (011) 2610 4142
Email: info@masserv.com
Websitehttp://www.masserv.com

Udayshivakumar Infra IPO Lead Manager(s)

  1. Saffron Capital Advisors Private Limited (Past IPO Performance)

Infinium Pharmachem IPO: GMP, Price, Dates & size

Infinium Pharmachem Limited, established in 2003, is a manufacturer and supplier of iodine derivatives, APIs, and iodination reaction-based bulk drugs. The company provides R&D services as well as commercial-scale manufacturing and packaging for various industries, including pharmaceuticals, agrochemicals, nutraceuticals, specialty chemicals, and others. Its manufacturing plant is located in Gujarat, India, spanning over 4100 square meters of plot area. The facility is FDA certified and GMP compliant, with the ability to produce complex iodine derivatives. 

Infinium Pharmachem Limited has a wide range of products, including over 200 iodine derivatives and 7 APIs, which it supplies to more than 15 countries worldwide. With a commitment to quality and compliance, the company has established itself as a reliable and trusted supplier of iodine derivatives and other chemical products. Its focus on R&D and manufacturing capabilities has enabled it to cater to the diverse needs of various industries, making it a preferred partner for many customers. 

Infinium Pharmachem IPO Details 

IPO Date Mar 31, 2023 to Apr 5, 2023 
Listing Date Apr 17 2023
Face Value ₹10 per share 
Price ₹135 per share 
Lot Size 1000 Shares 
Total Issue Size 1,875,000 shares 
(aggregating up to ₹25.26 Cr) 
Fresh Issue 1,875,000 shares 
(aggregating up to ₹25.26 Cr) 
Employee Discount Rs 13.5 per share 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size
Infinium Pharmachem

Infinium Pharmachem IPO Tentative Dates 

IPO opens on Mar 31, 2023, and closes on Apr 5, 2023

Event Tentative Date 
Opening Date Mar 31, 2023 
Closing Date Apr 5, 2023 
Basis of Allotment Apr 11, 2023 
Initiation of Refunds Apr 12, 2023 
Credit of Shares to Demat Apr 13, 2023 
Listing Date Apr 17, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The pharmaceutical industry in India has been growing at a compound annual growth rate (CAGR) of around 10% over the past few years. This growth is attributed to factors such as a large patient population, increasing healthcare awareness, and the rising prevalence of chronic diseases. In addition, the government’s initiatives to promote affordable healthcare and the increasing focus on research and development activities are driving the growth of the industry. 

As a manufacturer and supplier of iodine derivatives, APIs, and iodination reaction-based bulk drugs, Infinium Pharmachem Limited operates in the pharmaceutical and chemical industries. The company’s focus on R&D and manufacturing capabilities has enabled it to cater to the diverse needs of various industries, making it a preferred partner for many customers. With its wide range of products and services, the company is well-positioned to benefit from the growth opportunities in the pharmaceutical and chemical industries. 

Company Financials  

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-20 2,244.60 3,941.64 93.40 424.74 566.17 
31-Mar-21 3,418.27 7,115.37 272.48 702.32 579.47 
31-Mar-22 5,899.95 10,005.25 610.64 1,310.22 1,385.01 
30-Sep-22 7,075.71 7,985.39 551.01 1,855.77 1,614.71 
Amount in ₹ Lakhs 

Objects of the Issue 

The proceeds from the fresh issue will be utilized for the following objects: 

1. Marketing and branding expenses (including registration in reach – Europe, and other marketing expenses). 

2. Repayment of some of the existing loans and expansion of units. 

3. To meet incremental working capital requirements. 

4. To meet public issue expenses. 

Infinium Pharmachem IPO Prospectus

Company Contact Information

Infinium Pharmachem Limited
38 G.I.D.C Sojitra,
Taluka – Sojitra,
Dist. – Anand – 387240
Phone: +91-2692-238849
Email: info@infiniumpharmachem.com
Websitehttps://infiniumpharmachem.com/

Infinium Pharmachem IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

Infinium Pharmachem IPO Lead Manager(s)

  1. Swastika Investmart Ltd (Past IPO Performance)

Dev Labtech Venture IPO: GMP, Price, Dates & size

Dev Labtech Venture Limited is a leading manufacturer of lab-grown diamonds and jewellery, with its registered office located in Bhavnagar, Gujarat. The company has recently expanded its operations to include the production of lab-grown diamonds, having previously focused on processing natural diamonds. With years of experience in mapping, designing, cutting, and polishing natural diamonds, the company has developed expert skills and innovative techniques for transforming rough diamonds into polished gems with minimal wastage. 

To ensure the superior quality of its products, Dev Labtech Venture Limited has implemented stringent quality checks at every stage of the manufacturing process. The company also has an in-house technical and design team dedicated to creating laboratory-grown diamonds that meet the highest standards of excellence. Operating through its sales offices, The company has established itself as a premier lab-grown diamond and jewellery manufacturer. 

Dev Labtech Venture

Dev Labtech Venture IPO Details 

IPO Date Mar 17, 2023 to Mar 21, 2023 
Listing Date Mar 29, 2023 
Face Value ₹10 per share 
Price ₹51 per share 
Lot Size 2000 Shares 
Total Issue Size 2,200,000 shares 
(aggregating up to ₹11.22 Cr) 
Fresh Issue 2,200,000 shares 
(aggregating up to ₹11.22 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Dev Labtech Venture IPO Tentative Timetable 

IPO opens on Mar 17, 2023, and closes on Mar 21, 2023

Event Tentative Date 
Opening Date Mar 17, 2023 
Closing Date Mar 21, 2023 
Basis of Allotment Mar 24, 2023 
Initiation of Refunds Mar 27, 2023 
Credit of Shares to Demat Mar 28, 2023 
Listing Date Mar 29, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The lab-grown diamond industry has been rapidly growing in recent years due to advancements in technology and increasing demand for sustainable and ethically sourced diamonds. The global lab-grown diamond market size was valued at USD 3.1 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.5% from 2021 to 2028. 

Dev Labtech Venture Limited is a leading manufacturer of lab-grown diamonds and jewellery, with expertise in mapping, designing, cutting, and polishing natural diamonds. With the recent expansion of its operations to include the production of lab-grown diamonds, the company is well-positioned to capitalize on the growing demand for sustainable and ethically sourced diamonds. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 711.23 1,178.85 0.04 144.80 123.84 154.05 
31-Mar-21 713.73 1,228.11 3.65 148.45 127.50 177.53 
31-Mar-22 888.24 2,698.01 43.62 192.07 66.35 122.58 
30-Sep-22 1,166.65 966.43 64.12 717.86 232.17 114.52 
Amount in ₹ Lakhs 

Objects of the Issue 

The Net Proceeds from the Fresh Issue will be utilized towards the following objects: 

  1. To Meet the Capital Expenditure Requirements 
  1. To Meet Working Capital Requirement 
  1. General Corporate Purpose 
  1. To Meet the Issue Expenses 

Dev Labtech Venture IPO Prospectus

Company Contact Information

Dev Labtech Venture Limited
GF/22-23, Pattani Plaza,
Dairy Road, Near Nilambaug Circle,
Bhavnagar – 364002
Phone: +91-0278-2995027
Email: info@devlabtechventure.com
Websitehttp://www.devlabtechventure.com/

Dev Labtech Venture IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: devlabtech.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Dev Labtech Venture IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd (Past IPO Performance)

MOS Utility IPO: GMP, Price, Dates and size

MOS Utility Limited, established in 2009, operates as an integrated business model, providing digital products and services in the B2C, B2B, and financial technology fields. Its services cater to various demographics, including shopkeepers, retailers, students, housewives, professionals, and insurance agents. They offer business opportunities for individuals to start their own online e-commerce business, promoting the “Vocal for Local” campaign. 

MOS Utility Limited is composed of seven primary business segments, namely banking, travel, insurance, utility services, entertainment services, franchisee, and other services. The company has over 168,018 network partners, including agents, distributors, and master distributors throughout PAN India, for payment solutions, remittance, utility, travel, and insurance products. The company leverages its digital online platform to provide seamless integration of services, offering a convenient and accessible platform for customers. 

MOS Utility

MOS Utility IPO Details 

IPO Date Mar 31, 2023 to Apr 6, 2023 
Listing Date Apr 18, 2023
Face Value ₹10 per share 
Price ₹72 to ₹76 per share 
Lot Size 1600 Shares 
Total Issue Size 6,574,400 shares 
(aggregating up to ₹49.97 Cr) 
Fresh Issue 5,774,400 shares 
(aggregating up to ₹43.89 Cr) 
Offer for Sale 800,000 shares of ₹10 
(aggregating up to ₹6.08 Cr) 
Issue Type Book Built Issue IPO 
Listing At NSE SME 
Maiden Forgings IPO: GMP, Price, Dates and size

MOS Utility IPO Tentative Timetable 

IPO opens on Mar 31, 2023, and closes on Apr 6, 2023

Event Tentative Date 
Opening Date Mar 31, 2023 
Closing Date Apr 6, 2023 
Basis of Allotment Apr 12, 2023 
Initiation of Refunds Apr 13, 2023 
Credit of Shares to Demat Apr 17, 2023 
Listing Date Apr 18, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The company operates in the digital products and services industry, specifically in the B2C, B2B, and financial technology fields in India. The industry has seen significant growth in recent years due to increasing digitalization and the widespread adoption of online platforms for various services. 

According to a report by Statista, the digital payment market in India is projected to grow at a compound annual growth rate (CAGR) of 17.8% from 2021 to 2025. This growth is attributed to the increasing demand for digital payment services, especially after the government’s push towards a cashless economy. The insurance industry in India is also expected to grow at a CAGR of 12.7% from 2020 to 2025, according to a report by ResearchAndMarkets. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 2,513.42 9,156.51 128.59 602.42 583.23 538.08 
31-Mar-21 2,459.02 6,792.07 84.69 687.11 667.92 812.23 
31-Mar-22 3,513.48 8,096.01 157.67 844.78 825.60 1,296.32 
30-Sep-22 4,970.94 5,435.41 195.84 1,940.63 62.01 878.59 
Amount in ₹ Lakhs 

Objects of the Issue 

The company intends to utilize the proceeds of the issue for the following objectives: 

  1. To meet the working capital requirements. 
  1. General corporate purposes and offer related expenses. 

MOS Utility IPO Prospectus

Company Contact Information

MOS Utility Limited
12th Floor, Atul First Avenue, Above Kia Motors
Showroom, Goregaon – Mulund Link Rd,
Malad West, Mumbai- 400064
Phone: +91 84337 24642
Email: secretarial@mos-world.com
Websitehttps://www.mos-world.com/

MOS Utility IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Websitehttps://www.skylinerta.com/

MOS Utility IPO Lead Manager(s)

  1. Unistone Capital Pvt Ltd (Past IPO Performance)

Earum Pharmaceuticals Rights Issue Detail

Earum Pharmaceuticals Limited, established in 2012, operates in the pharmaceutical industry, focusing on the marketing, trading, and distribution of pharmaceutical formulation products. The company offers a diverse range of products that encompass various therapeutic categories. These include anti-biotic drugs, anti-malarial drugs, anti-allergic and anti-cold drugs, analgesic/antipyretic and anti-inflammatory drugs, dermatology products, cerebral activator drugs, neurological drugs, gastrointestinal drugs, steroids, gynecology drugs, calcium supplements, multivitamins, anti-oxidants, and injections. This extensive product portfolio enables Earum Pharmaceuticals to cater to a wide range of healthcare needs and address various medical conditions. 

Earum Pharmaceuticals

Earum Pharmaceuticals’ emphasis on marketing, trading, and distribution highlights its commitment to ensuring the availability and accessibility of pharmaceutical products in the market. By offering a comprehensive range of medications across different therapeutic areas, the company aims to meet the diverse needs of healthcare professionals and consumers. Through its product offerings, Earum Pharmaceuticals strives to contribute to the improvement of healthcare outcomes and enhance the well-being of individuals. 

Earum Pharmaceuticals Rights Issue 2023 Detail 

Issue Open May 2, 2023 – May 31, 2023 
Security Name Earum Pharmaceuticals Limited 
Issue Size (Shares) 246,716,400 
Issue Size (Amount) ₹49.34 Crores 
Issue Price ₹2 per share 
Face Value ₹2 per share 
Listing At BSE 
Terms of Payment Investors will have to pay Rs. 0.50 at the time of allotment, Rs. 0.50 at the time of 1st Call, Rs. 0.50 at the time of 2nd Call and Rs. 0.50 at the time of 3rd and Final Call. 
Entitlement 4 Equity Shares for every 1 Equity Shares held on the Record Date 
PNB Housing Finance Rights Issue Detail 

Earum Pharmaceuticals Rights Issue 2023 Issue Timetable 

Last Date to buy shares Apr 6, 2023 
Record Date Apr 10, 2023 
Credit of Rights Entitlements  
Bid/Offer Opens On May 2, 2023 
Renunciation of Rights Entitlements  
Bid/Offer Closes On May 31, 2023 
Deemed Date of Allotment  
Credit Date  
Listing Date  

Company Financials  

Period Ended Total Assets Total Revenue Profit After Tax Reserves and Surplus 
31-Mar-20 36.16 57.38 1.82 8.25 
31-Mar-21 27.87 50.02 0.09 8.33 
31-Mar-22 28.79 28.74 2.22 4.39 

Objects of the Issue: 

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 

  1. For working capital requirements. 
  1. Repayment of loan. 
  1. General corporate purposes. 

Earum Pharmaceuticals Rights Issue 2022 Documents

Company Contact Information

Earum Pharmaceuticals Limited
A-1106, Empire Business Hub,
Near AUDA Water Tank, Science City Road,
Sola, Ahmedabad – 380060

Phone: (079)-48402525
Email: cs@earumpharma.com
Websitehttp://www.earumpharma.com

Earum Pharmaceuticals Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Websitehttps://www.bigshareonline.com/

Earum Pharmaceuticals Rights Issue 2022 Lead Manager(s)

  1. Axis Bank Limited

Maiden Forgings IPO: GMP, Price, Dates and size

Maiden Forgings Limited, established in 2005, is a manufacturer and seller of ferrous metal products. The company’s product range includes steel bright bars, wires, profiles, collated pneumatic nails, and ground bars. With three manufacturing plants located in Ghaziabad, Uttar Pradesh, India, Maiden Forgings has an aggregated manufacturing capacity of 50,000 tons per annum. 

The company serves over 450 B2B customers across the globe, including Original Equipment Manufacturers (OEM) and large manufacturing companies in various industry domains, such as Prestige TTK, Everest, and UM Auto. With a focus on quality and customer satisfaction, Maiden Forgings has established itself as a reliable and trusted supplier of ferrous metal products. Its diverse product range and manufacturing capabilities enable it to cater to the diverse needs of its customers, making it a preferred partner for many in the industry. 

Maiden Forgings

Maiden Forgings IPO Details 

IPO Date Mar 23, 2023 to Mar 27, 2023 
Listing Date Apr 06 2023
Face Value ₹10 per share 
Price ₹60 to ₹63 per share 
Lot Size 2000 Shares 
Total Issue Size 3,784,000 shares 
(aggregating up to ₹23.84 Cr) 
Fresh Issue 3,784,000 shares 
(aggregating up to ₹[.] Cr) 
Issue Type Book Built Issue IPO 
Listing At BSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Maiden Forgings IPO Tentative Dates 

IPO opens on Mar 23, 2023, and closes on Mar 27, 2023

Event Tentative Date 
Opening Date Mar 23, 2023 
Closing Date Mar 27, 2023 
Basis of Allotment Mar 31, 2023 
Initiation of Refunds Apr 3, 2023 
Credit of Shares to Demat Apr 5, 2023 
Listing Date Apr 6, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The company specializes in the manufacturing and sale of forged components for various industries, including automotive, aerospace, defense, and oil & gas. The company is based in India and has a wide customer base both domestically and internationally. 

As for the industry CAGR (Compound Annual Growth Rate) for the forged components market, it depends on various factors such as the specific industry, region, and time frame. In general, the global forged components market is expected to grow at a CAGR of around 7% from 2021 to 2026, according to a report by Mordor Intelligence. However, this may vary for specific industries and regions. 

Company Financials  

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 9,890.05 20,440.37 165.95 2,136.92 1,672.02 5,788.13 
31-Mar-21 10,484.25 19,937.49 168.94 2,899.11 2,377.71 5,428.93 
31-Mar-22 11,014.23 21,083.72 213.94 3,113.05 2,591.65 6,170.75 
31-Dec-22 12,595.69 16,381.04 801.51 3,914.56 2,871.76 6,525.17 
Amount in ₹ Lakhs 

Objects of the Issue 

The company intends to utilize the proceeds of the Issue to meet the following objects: 

1. Consolidation and expansion of the manufacturing facilities. 

2. Working Capital and General Corporate Purpose. 

3. Issue Expenses. 

Maiden Forgings IPO Prospectus

Company Contact Information

Maiden Forgings Limited
B-5, Arihant Tower,
Block D Market, Vivek Vihar,
East Delhi, New Delhi – 110092
Phone: +011-44796732
Email: cs@maidenforgings.in
Websitehttps://maidenforgings.in/

Maiden Forgings IPO Registrar

Maashitla Securities Pvt. Limited

Phone: +91-11-45121795-96
Email: mukul@maashitla.com
Websitehttps://www.maashitla.com/

Maiden Forgings IPO Lead Manager(s)

  1. Share India Capital Services Private Limited (Past IPO Performance)

Command Polymers IPO: GMP, Price, Dates and size

Command Polymers Limited was established in 1998 and specializes in manufacturing and marketing polymer-based products such as Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers. The products offered by the company have a wide range of applications in various industries including industrial packaging, food, and more. The company’s versatility and scale enable it to cater to multiple industries, and its scope is continuously expanding. 

The company’s revenue is primarily generated through two main activities, manufacturing, and trading, which contribute to 67% and 33% of the total revenue respectively. With its commitment to quality and innovation, Command Polymers Limited has been successful in establishing itself as a reliable player in the polymer industry, and continues to explore new opportunities for growth. 

Command Polymers

Command Polymers IPO Details 

IPO Date Mar 17, 2023 to Mar 21, 2023 
Listing Date Mar 29, 2023 
Face Value ₹10 per share 
Price ₹28 per share 
Lot Size 4000 Shares 
Total Issue Size 2,532,000 shares 
(aggregating up to ₹7.09 Cr) 
Fresh Issue 2,532,000 shares 
(aggregating up to ₹7.09 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size

Command Polymers IPO Tentative Timetable 

Event Tentative Date 
Opening Date Mar 17, 2023 
Closing Date Mar 21, 2023 
Basis of Allotment Mar 24, 2023 
Initiation of Refunds Mar 27, 2023 
Credit of Shares to Demat Mar 28, 2023 
Listing Date Mar 29, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The polymer industry is a growing industry, driven by the increasing demand for polymer-based products in various sectors such as packaging, construction, automotive, and textiles. The global polymer market size was valued at USD 625.9 billion in 2020, and it is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2021 to 2028. 

Within this industry, Command Polymers specializes in manufacturing and marketing polymer-based products such as Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers. The company caters to various industries such as industrial packaging and food, among others. With its commitment to quality and innovation, the company has been able to establish itself as a reliable player in the polymer industry. 

Company Financials  

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 1,640.40 1,089.84 9.43 921.39 236.92 238.57 
31-Mar-21 2,252.48 1,636.76 19.64 932.37 247.90 514.25 
31-Mar-22 1,889.12 1,948.50 30.02 962.39 277.92 685.14 
31-Dec-22 2,225.23 1,460.15 16.16 978.56 294.09 661.04 
Amount in ₹ Lakhs 

Objects of the Issue 

The company proposes to utilize the Net Proceeds from Issue towards funding the following objects: 

  1. Funding Working capital requirements; 
  1. Repayment of Loans; 
  1. General Corporate Purpose 

Command Polymers IPO Prospectus

Company Contact Information

Command Polymers Limited
Mouza Malancha, J.L.No.87,
P.O. Narayanpur, P.S Bhangar,
District 24 Parganas (South) -743502
Phone: +91 98365 52178
Email: info@commandpolymers.com
Websitehttp://www.commandpolymers.com/

Command Polymers IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: cpl.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/

Command Polymers IPO Lead Manager(s)

  1. Aryaman Financial Services limited (Past IPO Performance)

Quality Foils (India) IPO: GMP, Price, Dates and size

Quality Foils (India) Limited is a company that was established in 1990 and is involved in the production and exportation of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The company is renowned for using high-quality raw materials, primarily Hot Rolled Stainless Steel Coils/Strips from Jindal Stainless Hissar Limited. With over three decades of experience in the manufacturing of stainless steel products, Quality Foils has emerged as one of India’s leading manufacturers and exporters in this field. 

The company’s success is a result of its commitment to producing top-notch products that meet the highest industry standards. Quality Foils (India) Limited prides itself on using premium raw materials and modern production techniques to manufacture its products. As a result, the company has built a reputation for producing high-quality and durable stainless steel products that are exported to different parts of the world. 

Quality Foils (India) IPO Details 

IPO Date Mar 14, 2023 to Mar 16, 2023 
Listing Date Mar 24, 2023 
Face Value ₹10 per share 
Price ₹60 per share 
Lot Size 2000 Shares 
Total Issue Size 754,000 shares 
(aggregating up to ₹4.52 Cr) 
Fresh Issue 754,000 shares 
(aggregating up to ₹4.52 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
ITCONS E-Solutions IPO: GMP, Price, Dates and size
Quality Foils (India)

Quality Foils (India) IPO Tentative Dates 

Quality Foils (India) IPO opens on Mar 14, 2023, and closes on Mar 16, 2023

Event Tentative Date 
Opening Date Mar 14, 2023 
Closing Date Mar 16, 2023 
Basis of Allotment Mar 21, 2023 
Initiation of Refunds Mar 22, 2023 
Credit of Shares to Demat Mar 23, 2023 
Listing Date Mar 24, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The stainless steel industry in India has been growing steadily over the years, driven by the increasing demand from various end-use industries such as construction, automotive, and household appliances. Quality Foils (India) Limited operates in the stainless steel products manufacturing sector and primarily produces Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. 

The Indian stainless steel market is expected to grow at a compound annual growth rate (CAGR) of around 6% during the forecast period 2021-2026. The growth of the market is attributed to the rising demand for stainless steel products from various end-use industries and the growing trend of infrastructure development in the country. Additionally, the increasing use of stainless steel in the automotive industry for lightweight and durable components is expected to boost the market’s growth. 

Company Financials 

Quality Foils (India) Limited Financial Information (Restated Standalone) 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus 
31-Mar-20 6,606.53 15,210.77 107.87 1,773.53 1,633.53 
31-Mar-21 6,536.53 12,436.67 95.86 1,869.39 1,729.39 
31-Mar-22 7,834.55 18,030.63 161.88 2,031.27 1,891.27 
30-Sep-22 7,135.21 10,471.59 205.99 2,237.26 2,097.26 
Amount in ₹ Lakhs 

Objects of the Issue 

The company intends to utilize the proceeds of the Issue to meet the following objects: – 

  1. Funding capital expenditure requirements towards purchase of machinery 
  1. To meet the working capital requirements of the Company; 
  1. General Corporate Purpose; 
  1. To meet the Issue Expenses 

Quality Foils (India) IPO Prospectus

Company Contact Information

Quality Foils (India) Limited
3, Industrial Development Colony,
Hisar,
Haryana-125005
Phone: 01662-220327, 28
Email: cs@qualityfoils.com
Websitehttp://www.qualitygroup.in/

Quality Foils (India) IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

Quality Foils (India) IPO Lead Manager(s)

  1. Khambatta Securities Limited (Past IPO Performance)