Vaishali Pharma Ltd - SME IPO

Company Profile:

Incorporated in 2008, Vaishali Pharma Ltd is a pharmaceutical company engaged in pharmaceutical formulations, APIs, surgical products, veterinary supplements, herbal & nutraceutical products. They are operating both in domestic and export markets. They have also established office in the Vietnam. At present they are supplying in around 10 countries.

In domestic markets, they are majority into trading of APIs whereas in export markets, they are into trading and marketing of APIs, formulations, surgical products and others. Recently they have applied for 186 registrations in 13 countries for some of their products and received 71 approvals from 7 countries.

They export Formulations, Surgical & APIs to Kenya, Sri Lanka, Russia, DR Congo, Myanmar, Tajikistan, Bangladesh, Kazakhstan, Cameroon, Jordan, Burkina -Faso, Nicaragua, Senegal, Pakistan, Ukraine, Yemen, Cambodia, Turkey, Congo, Zimbabwe, Ethiopia, Tanzania, Vietnam, Armenia, Costa Rica, Nigeria, C.A.R. and Guinea-Bissau.

 

Vaishali Pharma Ltd - SME IPO

 Issue Open

 Aug 07, 2017 - Aug 10, 2017. 

 Issue Price  Rs 71 - Rs. 72 Per Equity Share
 Market Lot  1600 Shares 
 Minimum Order  Quantity  1600 Shares 
 Issue Size  1,976,000 Equity Shares of Rs 10 aggregating up to Rs 14.23 Cr
 Face Value  Rs 10/-
 Listing At  NSE SME


Company Promoters:

The promoters of the company are:

1. Mr. Atul Vasani

2. Mrs. Jagruti Vasani

Objects of the Issue:

1. Working Capital requirements;

2. General Corporate Purposes.

 

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