Par Drugs and Chemicals Limited Profile:

Par Drugs and Chemicals Limited Was started in 1982 based in Gujrat. They are presently engaged in the manufacturing of Active Pharma Ingredients (API) for the domestic market as well as for exports to international markets. Active Pharma Ingredients (API) also known as bulk drugs or bulk actives. These 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. At this time, they produce the entire range of Antacid Molecules available in the marketplace.

They currently own and operate two manufacturing facilities at Bhavnagar and Ankleshwar, Gujarat. Par Drugs and Chemicals Limited product portfolio presently comprises 16 APIs and 7 Fine Chemical which are marketed domestically and exported. They supply their products to approximately 16 countries, including both direct and indirect exports.

Par Drugs and Chemicals Limited Promoters:

The Promoter of the company are Falgun Vallabhbhai Savani and Jignesh Vallabhbhai Savani.

Par Drugs and Chemicals Limited IPO details:

Symbol: PAR

Issue Size: The Public Offer of upto 16,72,000 Equity Shares (includes 84,000 market maker portion)

Face Value: Rs. 10

Price Range: Rs.51

Issue Type: Fixed Price

Bid Lot: 2,000 equity shares and in multiples thereof.

Minimum Order Quantity: 2000 Equity Shares

Issue Period: 03-May-2019 to 08-May-2019

Maximum Subscription Amount for Retail Investor: Rs. 2, 00,000

Name of the Registrar: Link Intime India Pvt. Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Par Drugs and Chemicals Limited Financials:

Par Drugs and Chemicals Limited Allotment Status:

 Par Drugs and Chemicals Limited IPO Allotment Date:  13 May 2019

Par Drugs and Chemicals Limited IPO Listing Date: 16 May 2019

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