Beta Drugs Limited IPO

Add to Calendar 2017-09-29 12:00 AM 2017-10-04 12:00 AM Asia/Kolkata Beta Drugs Limited IPO Beta Drugs Limited India

Beta Drugs Limited is a pharmaceutical company manufacturing ,developing and marketing of drug products. Company’s manufacturing unit is an ISO 9001:2008 certified facility located at Kharuni –Lodhimajra Road, Dist - Solan Himachal Pradesh. Company started production of oncology products by manufacturing portfolio of over 35 products which is used for the treatment of various cancer disease. As on March 31, 2017, firm had a portfolio of over 50 products catering to various oncology diseases.

Date of establishment: Beta Drugs Limited was incorporated in 1979

Product & Service Offering: Their products include anti-cancer tablets, capsules, injections and lyophilized injections. Company has portfolio of over 50 products which is used for the treatment of various cancer diseases.

 

Promoters of Beta Drugs ltd.: Mr Vijay Kumar Batra is the promoters of Beta Drugs Limited.

 

Customer segment: It sell drugs to domestic & international customers

 

Objects of the Issue:The objects of the Offer is to:-
-     To Finance purchase of new plant and machinery and upgradation of our existing plant and machinery
-     To Finance Civil Construction work at existing manufacturing unit.
-     To obtain registration of European Union GMP & Pharmaceutical Inspection Co-operation Scheme certificate
-     To Finance Working capital requirements
-     To Finance General corporate expense

Company Financials:

Beta Drugs' financial performance (in INR lakh)

   

FY2013

FY2014

FY2015

FY2016

FY2017

Total Assets

 

176.85

135.56

800.91

1520.37

2454.38

Total revenue

 

313.0

138.4

26.2

2,639.5

4,168.2

Total expenses

 

308.6

136.2

37.7

2,526.1

3,650.2

Profit after tax

 

4.4

2.2

11.4

113.4

517.9

Issue Detail

  • Issue Open: Sep 29, 2017
  • Issue Close: Oct 04, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 85 Per Equity Share
  • Bid Lot:1600 Shares
  • Minimum Order Quantity:1600 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 19.52 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 29, 2017IST 0 129,600 52,800 - - 182,400
Day 1 - Oct 03, 2017IST 0 854,400 668,800 - - 1,523,200
Day 2 - Oct 04, 2017IST 316,800 32,235,200 8,664,000 - - 41,216,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 85.00
Open - Rs 102.00
Low - Rs 92.00
High - Rs 102.00
Last Trade - Rs 101.95
Volume - 2,211,200

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