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Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma Limited, established in 2003, is engaged in marketing lifesaving medicines in India across therapeutic areas such as cardiovascular care, cancer treatment, antibiotics, hormones, anesthesia, pediatrics, nephrology, antiviral, antifungal, and neurology. The company operates under its own brand with the support of an in-house sales team and distribution network that supplies healthcare centers and hospitals, while also dealing in specialty chemicals. In addition to finished formulations, it imports, supplies, and undertakes indenting of active pharmaceutical ingredients and intermediates, and holds FDA approval to manufacture formulations through contract manufacturers. Its storage facilities are located on a leased basis in Bhiwandi, Thane, Maharashtra, and the company also exports pharmaceutical products to international markets including DR Congo, Bolivia, and the Philippines.

₹51 - ₹51Open
Listed Price51.70
Listing Gain+1.37%
TimelineFixed Price Issue IPO
Open31 Jan 2020
Close06 Feb 2020
Allotment12 Feb 2020
Listing14 Feb 2020

Quota Reservation Portions

Market MakerPortion: 1,00,000 shares
5%
HNIPortion: 9,50,000 shares
47.5%
RetailPortion: 9,50,000 shares
47.5%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,02,000
HNI2 lots / 4,000 shares
₹2,04,000

About the Company

Chandra Bhagat Pharma Limited, established in 2003, is engaged in marketing lifesaving medicines in India across therapeutic areas such as cardiovascular care, cancer treatment, antibiotics, hormones, anesthesia, pediatrics, nephrology, antiviral, antifungal, and neurology. The company operates under its own brand with the support of an in-house sales team and distribution network that supplies healthcare centers and hospitals, while also dealing in specialty chemicals. In addition to finished formulations, it imports, supplies, and undertakes indenting of active pharmaceutical ingredients and intermediates, and holds FDA approval to manufacture formulations through contract manufacturers. Its storage facilities are located on a leased basis in Bhiwandi, Thane, Maharashtra, and the company also exports pharmaceutical products to international markets including DR Congo, Bolivia, and the Philippines.

Company Promoters

Mr. Hemant Chandravadan BhagatMr. Pranav Hemant Bhagat