Listed Price₹32.00
Listing Gain-15.79%
Price Band₹38
Lot Size3,000 shares
Min Bid₹1,14,000
Subscription2.77x
Listed Market Snapshot
₹32.00Listed price from market data
-15.79%listing gain
Issue Amount
₹15.21 Cr
Listed Price
₹32.00
Current Price
₹7.19
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price IPO
Open25 Aug 2022
Close30 Aug 2022
Allotment05 Sep 2022
Listing08 Sep 2022
Quota Reservation Portions
Market MakerPortion: 2,04,000 shares
5.1%Nii (hni)Portion: 18,99,000 shares
47.45%RetailPortion: 18,99,000 shares
47.45%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,14,000HNI2 lots / 6,000 shares
₹2,28,000About the Company
Incorporated in 2011, Dipna Pharmachem Limited is involved in the trading and distribution of a wide range of pharmaceutical raw materials, including APIs, excipients, and chemical formulation products, and began selling chemicals on a commission basis in 2022. Operating in Ahmedabad and nearby regions, the company offers a portfolio of 61 APIs and intermediates covering categories like cephalosporins, cardiovascular, antibacterial, quinolones, veterinary, antiviral, anti-inflammatory, neuropsychiatry, and steroid hormones. It supplies essential raw materials to pharmaceutical industries, a sector recognized as an essential service by the Government.
Company Promoters
Mr. Keyur Dipakkumar Shah
Lead Managers
Registrar
Bigshare Services Private Limited