IPO Issue Details
Issue Price / Price Band₹85 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size80 Shares per Lot
Total Issue Size2,66,66,667 shares (aggregating up to ₹200.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 14 Jun 2010
Subscription CloseThu, 17 Jun 2010
Anchor AllotmentSun, 13 Jun 2010
Basis of AllotmentWed, 23 Jun 2010
Initiation of RefundsThu, 24 Jun 2010
Credit of Shares to DematThu, 24 Jun 2010
Listing DateThu, 01 Jul 2010
UPI Mandate Deadline2010-06-17
Application & Investment Details
Retail — Min (1 Lots)₹6,000 — 80 shares
Retail — Max (13 Lots)₹88,400 (13 Lots)
HNI — Min (34 Lots)₹2,04,000 — 2,720 shares
Pre-IPO Promoter Holding3,72,51,049 shares
Post-IPO Promoter Holding6,18,92,014 shares
Fresh Issue Shares2,46,40,965 shares (aggregating up to ₹184.81 Cr)
Offer for Sale Shares20,25,702 shares of ₹10 (aggregating up to ₹15.19 Cr)
About Parabolic Drugs Ltd.
Incorporated in 1996, Parabolic Drugs Limited is in the business of manufacturing Active Pharmaceutical Ingredients (API's) and API intermediates. 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.Companies product portfolio comprises 42 APIs and 7 API intermediates which are marketed domestically and exported.Company own and operate two manufacturing facilities at Derabassi, Punjab, and Panchkula, Haryana. Company is in the process of setting up a custom synthesis and research and development (R&D) center at Barwala, Haryana.
Objects of the Issue
Parabolic Drugs Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Multi-purpose block III at Derabassi
20.32
2
2 Sterile cephalosporin plant at Derabassi
32.55
3
3 Establishment of Chachrauli plant
16.03
4
4 Investment in our Subsidiary;
46.62
5
5 Repayment / prepayment of identified loan facilities
38.83
6
6 General corporate purposes
17.59
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,72,51,049 shares
Post-IPO Promoter Holding
6,18,92,014 shares