IPO Issue Details
Issue Price / Price Band₹50 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size29,61,000 shares (aggregating up to ₹14.81 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 30 Sep 2016
Subscription CloseWed, 05 Oct 2016
Anchor AllotmentThu, 29 Sep 2016
Basis of AllotmentTue, 11 Oct 2016
Initiation of RefundsWed, 12 Oct 2016
Credit of Shares to DematWed, 12 Oct 2016
Listing DateFri, 14 Oct 2016
UPI Mandate Deadline2016-10-05
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 3,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 6,000 shares
Net Offer to Public28,08,000 shares (aggregating up to ₹14.04 Cr)
Reserved for Market Maker1,53,000 shares (aggregating up to ₹0.7650 Cr)
Pre-IPO Promoter Holding80,00,000 shares
Post-IPO Promoter Holding1,09,61,000 shares
About Sakar Healthcare Ltd.
Incorporated in 2004, Sakar Healthcare Ltd is a manufacturer of Pharmaceutical products providing Liquid Orals, Cephalosporin Tablet, Capsules, Dry Powder Syrup, Liquid Injectables (SVP) in Ampoules and Vials & Dry Powder Injections for leading Multinational pharmaceutical companies.Sakar Healthcare an ISO 9001:2008 BVQI certified company.Sakar has presence in more than 40 countries and is growing as the exports of pharmaceutical products from India to the developed countries.
Objects of the Issue
Sakar Healthcare Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Imported Plant and Machinery
5.57
2
2 Indigenous Plant And Machinery
3.84
3
3 Furniture / Fixture and Lab Equipment
1.11
4
4 Building Alteration
0.31
5
5 EUGMP Registration
0.56
6
6 New Product Registration
0.45
8
8 General Corporate Purpose
0.97
Shareholding & Lock-in
Pre-IPO Promoter Holding
80,00,000 shares
Post-IPO Promoter Holding
1,09,61,000 shares