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IPO

IPO Details


Bafna Pharmaceuticals Ltd
Registered Office: Bafna Towers New No 68, Old No 299 Thambu Chetty St, Chennai - 600001, Tamil Nadu
Phone: 91-44-25267517/25270992/4267755
Email: cs@bafnapharma.com; info@bafnapharma.com
Website: www.bafnapharma.com
Public Issue of 64,00,000 equity shares of Rs.10/- each at a price of Rs.40/- per equity share (including share premium of Rs.30/-per equity share) for cash aggregating Rs.25.60 Crores by Bafna Pharmaceuticals Limited (Hereinafter Referred to as the Issue). The issue will constitute 40.05% of the post issue paid-up capital of the company. The issue price is 4 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
27-May-2008 30-May-2008 ₹ 40.00 ₹ 0.00
Minimum Application for shares in Nos : 150 Further Multiples of : 150
(₹)Cr. Lead Managers to the Issue
Project Cost 25.60 Ashika Capital Ltd
Project Financed through Current Offer 25.60
Post Issue Equity Share Capital 15.98
Issue Price ₹40.00
Projects
To undertake Brand Buld in Domestic & Intl.Markets
To part Fin the cost of obtaining MHRA Approval
To Set up a Research & Development Unit
Tp Repay of High Cost Debt
To Meet the Working Capital Requirement
Promoted By
Bafna Mahaveer Chand
Paras Bafna
Navin Bafna
Listing At
BSE
Registrar to the Issue
Cameo Corporate Services Ltd

INDIAN INDICES

Sensex

83,973.25 788.45 (0.95%)

Nifty

25,667.30 251.50 (0.99%)

GLOBAL INDICES

USD

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NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)