The Dipna Pharmachem Ltd date has been confirmed from February 26, 2024 – March 7, 2024. Read the post to learn about Dipna Pharmachem Limited Rights Issue.
Dipna Pharmachem Ltd Rights Issue has a fixed issue size of ₹12.97 crores. Dipna Pharmachem Ltd (DPL), established in 2011, is an Indian firm that trades, imports, and exports industrial chemicals and pharmaceutical raw materials.They include active pharmaceutical ingredients (APIs), excipients, and chemical formulations.
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Key Details Of Dipna Pharmachem Ltd Rights Issue
Bidding Dates
Feb 26-Mar 7
Issue Size
₹12.97 Crores
Face Value
₹10 per share
Record Date
February 12, 2024
Dipna Pharmachem Ltd Record Date
The Dipna Pharmachem Record Date is February 12, 2024.
Dipna Pharmachem Ltd Overview
Dipna Pharmachem Limited (DPL), founded in 2011, is an India-based company that deals, imports, and exports industrial chemicals and pharmaceutical raw materials. These comprise active pharmaceutical ingredients (APIs), excipients, and chemical formulations. The company’s products are exported globally. Dipna Pharmachem Ltd provides import and export services to customers globally.
The company provides a wide range of services, including marketing and sourcing for industrial chemicals, pharmaceutical raw ingredients, APIs, solvents, formulations, and intermediates.
Dipna Pharmachem Ltd Rights Issue Detail
| Issue Open | February 26, 2024 – March 7, 2024 |
| Security Name | Dipna Pharmachem Ltd. |
| Issue Size (Shares) | 12,967,500 |
| Issue Size (Amount) | ₹12.97 Crores |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | |
| Entitlement | 13 Rights Equity Share(s) for every 12 fully paid-up Equity Shares held on Record Date |
Dipna Pharmachem Ltd Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 77.56 | 36.23 |
| Revenue | 99.93 | 72.77 |
| Profit After Tax | 0.91 | 1.17 |
| Reserves and Surplus | 12.39 | 1.70 |
| Amount in ₹ Crore | ||
Timeline
| Last Date to buy shares | February 9, 2024 |
| Record Date | February 12, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | February 26, 2024 |
| Renunciation of Rights Entitlements | March 4, 2024 |
| Bid/Offer Closes On | March 7, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Profile
The company offers a wide range of services, including marketing and sourcing for industrial chemicals, pharmaceutical raw ingredients, APIs, solvents, formulations, and intermediates. They also help regulated and semi-regulated pharmaceutical businesses establish contract manufacturing compliance, guaranteeing that all global benchmark requirements are met and that leading certificates such as WHO-GMP are achieved.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Dipna Pharmachem Ltd. |
| Phone number | +91 98980 66121 |
| Email ID | [email protected] |
| Website | dipnapharmachem.com |
Rights Issue Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
Rights Issue Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Dipna Pharmachem Ltd FAQs
What is the issue price for Dipna Pharmachem Rights Issue 2024?
Dipna Pharmachem Rights Issue 2024 price is set at ₹10 per share per equity share.
In what ratio is the Dipna Pharmachem Rights Issue 2024 offered?
The eligible shareholders are being offered 13 Rights Equity Share(s) for every 12 fully paid-up Equity Shares held on Record Date (February 12, 2024).
What is the record date for Dipna Pharmachem Rights Issue 2024?
The record date for the Dipna Pharmachem Rights Issue 2024 is February 12, 2024.
What is the issue size of Dipna Pharmachem Rights Issue 2024?
The issue size of Dipna Pharmachem Rights Issue 2024 is of 12,967,500 equity shares at ₹10 per share aggregating upto ₹12.97 Crores.
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