Genpharmasec Limited Right Issue

₹48.45 Cr BSE 23 Jan 2024 – 13 Feb 2024

Closed Ratio: 1 : 1 BSE
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Issue Price
₹1.75
Face Value
₹1.00
Issue Size (Shares)
276,859,850
Issue Size (₹ Cr.)
₹48.45
📅 Right Issue Timetable
Last Date to Buy SharesMon, Jan 8, 2024
Record DateTue, Jan 9, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnTue, Jan 23, 2024
Issue Open DateTue, Jan 23, 2024
Renunciation Last DateFri, Feb 2, 2024
Bid/Offer Closes OnTue, Feb 13, 2024
Issue Close DateTue, Feb 13, 2024
Deemed Date of AllotmentFri, Feb 16, 2024
Credit DateWed, Feb 21, 2024
Listing DateMon, Feb 26, 2024
📋 Right Issue Details
Issue Size (Shares)276,859,850
Issue Size (Amount)₹48.45 Cr.
Issue Price₹1.75 per share
Face Value₹1.00 per share
Entitlement Ratio1 : 1
Listing AtBSE
Terms of PaymentFull amount of Rs.1.75 per Equity Share is payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income25.6227.4121.64
EBITDA
Net Worth29.9128.7828.99
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To acquire Equity Shares from existing shareholders of Derren Healthcare Private Limited and make it a subsidiary Company
2To repay or prepay, in full or in part, certain Borrowings availed by our Company.
3To part finance the requirement of Working Capital;
4To meet General corporate purposes;
5To meet the expenses of the Issue.
🏢 About the Company
Incorporated in 1992, is engaged in the purchase, sale and distribution of various pharmaceutical, medical and medicinal products.

The company develops, manufactures, distributes and supplies chemicals used in the production of pharmaceuticals, drug enzymes and sanitary napkins.

The company has entered into a partnership with Abbott Point of Care Corporation Inc. based in the USA to distribute their specialized diagnostic device, the i-STAT 1 Analyzer. This device is used exclusively in intensive care units and hospital ICCUs for immediate test results. The i-STAT 1 Analyzer is lightweight, portable and easy to use. It utilizes the advanced technology of the i-STAT test cassettes. Together they form the i-STAT system - a point-of-care testing platform that provides healthcare professionals with diagnostic information at the time and place it is needed.
📞 Company Contact
CompanyGenpharmasec Limited
AddressOffice No. 104 & 105 (1st Floor),
Gundecha Industrial Premises, Co-Op Society Ltd
Akurli Road, Kandivali (East), Mumbai,- 400101
Mumbai, Maharashtra, 400101
Phone+91- 86555 50242
Emailinfo@genpharmasec.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd.
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗