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PARSME / NSEListed
Par Drugs and Chemicals

Par Drugs and Chemicals Limited, incorporated in 1999 and based in Gujarat, is engaged in the manufacturing and development of active pharmaceutical ingredients (APIs) and fine chemicals for both domestic and international markets. Its APIs are used in tablets, capsules, and other finished dosages, and it also produces various antacid molecules. The company operates two manufacturing facilities in Ankleshwar and Bhavnagar, Gujarat, and offers a portfolio of 6 fine chemicals and 12 API products sold across 17 countries. Key customers include Dabur India Ltd, Meyer Organics Pvt. Ltd, Cadila Healthcare Ltd., Cipla Ltd, and Pfizer Ltd. For fiscal 2018, international sales accounted for 86.88% of total revenue, while domestic sales contributed 13.12%. The company maintains a testing laboratory to ensure quality standards and provides drying operations to convert liquid products into powders for its clients.

₹51 - ₹51Open
Listed Price₹52.90
Listing Gain+3.73%

IPO Schedule & Timeline

Fixed Price IPO
Open03 May 2019
Close08 May 2019
Allotment13 May 2019
Listing16 May 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker84,000 shares
5.02%
HNI7,78,000 shares
46.53%
Retail7,80,000 shares
46.65%
Employee30,000 shares
1.79%

Minimum Application Lots

Retail1 Lot (1 shares)
₹1,02,000
HNI2 Lots (2 shares)
₹2,04,000

Company Promoters

Mr. Falgun Vallabhbhai SavaniMr. Jignesh Vallabhbhai Savani

Company Background

Par Drugs and Chemicals Limited, incorporated in 1999 and based in Gujarat, is engaged in the manufacturing and development of active pharmaceutical ingredients (APIs) and fine chemicals for both domestic and international markets. Its APIs are used in tablets, capsules, and other finished dosages, and it also produces various antacid molecules. The company ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹4641.2 Cr
Growth+39.5%
Revenue Trend (₹ in Crores)
0.01.9k3.7k5.6kMar-16Mar-17Mar-18Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-194,641.20241.885,135.550
Mar-184,241.65149.535,393.890
Mar-174,880.90184.785,604.140
Mar-163,326.4342.185,803.080

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
13 May 2019
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
16 May 2019

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Par Drugs and Chemicals. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

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Allotment Schedule & Milestones

IST
1. Allotment Finalization13 May 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 May 2019Trading commences on exchange

How to Check Par Drugs and Chemicals Allotment Online

1Open Portal

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2Select Company

Select Par Drugs and Chemicals from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Par Drugs and Chemicals IPO

Complete issue overview for Par Drugs and Chemicals (PAR) IPO. The issue features an equity share price band of ₹51 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,02,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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