Shree Ganesh Remedies Ltd IPO

Add to Calendar 2017-09-28 12:00 AM 2017-10-05 12:00 AM Asia/Kolkata Shree Ganesh Remedies Ltd IPO Shree Ganesh Remedies Ltd India

Shree Ganesh Remedies is headquartered at Ankleshwar, Gujarat, manufactures drug intermediates and chemicals like amine hydrochloride and specialty fine chemicals for pharmaceutical industry. Shree Ganesh Remedies Ltd is also ISO 9001:2015, ISO 14001:2015 BS and OHSAS 18001:2007 certified Company. 

Date of establishment: Shree Ganesh Remedies Limited was incorporated in 1995

Product & Service Offering: Company manufactures products related to antipsychotic, antiseptic, deprotonation reactions, hyperlipidemia, alzheimers and anti-viral.

Promoters of Shree Ganesh Remedies  ltd: Chandubhai Kothia, Hasmukh Kothia, Ashokkumar Kothia, Hansaben Kothia, Manubhai Kothia, Babubhai Kothia and Subhash Kothia are the promoter of the Shree Ganesh Remedies Limited.

Customer segment: It caters to domestic and foreign markets.

Objects of the Issue: The objects of the Offer is to:-
-     Setting up a new Choloro Compound derivatives manufacturing plant
-     To Finance General corporate expense 

Company Financials:

Shree Ganesh Remedies' financial performance (in INR crore)







Total Assets







Total revenue







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Issue Detail

  • Issue Open: Sep 28, 2017
  • Issue Close: Oct 05, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 36 Per Equity Share
  • Bid Lot:-
  • Minimum Order Quantity:-
  • Listing At: BSE SME
  • Issue Size: • Rs 8.55 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 28, 2017IST 0 132,000 51,000 - - 183,000
Day 1 - Sep 29, 2017IST 0 546,000 141,000 - - 687,000
Day 2 - Oct 03, 2017IST 0 633,000 252,000 - - 885,000
Day 3 - Oct 04, 2017IST 0 1,044,000 543,000 - - 1,587,000
Day 4 - Oct 05, 2017IST 0 1,596,000 2,376,000 - - 3,972,000

Listing Day Trading Information

Issue Price Rs 36.00 -
Open Rs 40.00 -
Low Rs 29.75 -
High Rs 40.00 -
Last Trade Rs 33.00 -
Volume 294,000 -

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