Par Drugs and Chemicals Limited IPO Details

We were founded in 1982 by our honorary Director Mr. V. J. Savani and now he has handed over to second generation Mr. Falgun V. Savani, Mr. Jignesh V. Savani and Mr. Ghanshyam B. Savani. We are presently engaged in the manufacturing of APIs for the domestic market as well as for exports to international markets. APIs, also known as "bulk drugs" or "bulk actives" are the principal ingredient used in making finished dosages in the form of capsules, tablets, liquid, or other forms of dosage, with the addition of other APIs or inactive ingredients. We currently produce the Entire Range of Antacid Molecules available in the market. We currently own and operate two manufacturing facilities at Bhavnagar, Gujarat and Ankleshwar, Gujarat.

We commenced commercial operations in 1982 by setting up a unit at Chitra, Bhavnagar, Gujarat, to manufacture Antacid Raw Materials. We currently have three Manufacturing Blocks at our Bhavnagar Facility for different products. The facility at Chitra, Bhavnagar is WHO-GMP certified. We started our second facility at Ankleshwar in fiscal 2006. During the year 2011 we have added two manufacturing Block out of three at our Chitra, Bhavnagar facility. One is dedicated facility for our Main API, Magnesium Hydroxide, and another one is for Fine Chemicals Manufacturing Block.

Par Drugs and Chemicals Limited IPO Details
Issue Open	03-05-2019
Issue Close	15-05-2019
Allotment Date	21-05-2019
Unblocked Amount	22-05-2019
Listing Date	23-05-2019
Issue Share	17,00,000 Total Equity Share - Reserved by Market Maker - Equity Share
Issue Size	₹ 8.53 Cr
IPO Price Band	₹ 51
Minimum Share Bid [Lost Size]	2000
Minimum Investment Amount [Rs]	₹ 1,02,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME

Par Drugs and Chemicals Limited IPO Grey Market Premium GMP]
Latest Update	Premium	Kostak	Subject to Sauda	Recommended
27-04-2019 : 08:00 AM	-	-	-	-

Par Drugs and Chemicals Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Assets	Total Revenue	Total Expenses	Profit After Tax
FY-2014	-	-	-	-
FY-2015	-	-	-	-
FY-2016	58.03	33.30	32.29	0.42
FY-2017	56.04	48.80	45.62	1.84
FY-2018	53.93	42.41	39.86	1.49
30-09-2018	55.63	24.87	22.83	1.36

Par Drugs and Chemicals Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 5.54
Price/Earnings [P/E] Ratio	-
Return on Net Worth [RoNW]	10 %
Net Asset Value [NAV]	₹ 55.36 Per Share

Par Drugs and Chemicals Limited IPO Subscription Details
As on Date	QIB/NII	RII	Employee	Total
Shared Offered	7,78,000	7,80,000	30,000	15,88,000
Day-1 [03-05-2019]	1,78,000 [0.22]	1,20,000 [0.16]	30,000 [1.00]	3,28,000 [0.20]
Day-2 [06-05-2019]	4,78,000 [0.64]	6,18,000 [0.79]	30,000 [1.00]	11,26,000 [0.71]
Day-3 [07-05-2019]	6,90,000 [0.92]	14,44,000 [1.86]	30,000 [1.00]	21,64,000 [1.36]
Day-4 [08-05-2019]	27,06,000 [3.61]	62,14,000 [7.99]	30,000 [1.00]	89,50,000 [5.64]

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Par Drugs and Chemicals Limited IPO Recommendations
Live IPO Team Recommendation:- Neutral

Par Drugs and Chemicals Limited IPO Contact Details
Par Drugs and Chemicals Limited 805, Dwarkesh Complex, R.C. Dutt Road, Alkapuri, Vadodara-390 007, Gujarat; Tel: +91 265 2332018 E-mail: cs.sanket@pardrugs.com Website: www.pardrugs.com

Registrar of Par Drugs and Chemicals Limited IPO
LINK INTIME INDIA PRIVATE LIMITED C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083, Maharashtra , India Tel: +91 22 4918 6200 Fax: +91 22 4918 6195 Website: www.linkintime.co.in Email: pardrugs.ipo@linkintime.co.in Investor Grievance Id: pardrugs.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration Number: INR000004058

Lead Managers of Par Drugs and Chemicals Limited IPO
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 406-408, Keshava Premises, Behind Family Court, Bandra Kurla Complex, Bandra East, Mumbai – 400 051, Maharashtra, India Tel: +91-22 6194 6700 Fax: +91-22 2659 8690 Website: www.pantomathgroup.com Email: ipo@pantomathgroup.com Investor Grievance Id: ipo@pantomathgroup.com Contact Person: Hardik Bhuta SEBI Registration No:INM000012110

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