The Dipna Pharmachem date has been confirmed from February 26, 2024 – March 7, 2024.
Dipna Pharmachem Developers IPO is a fixed issue size of ₹12.97 Crores. 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.
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Bidding Dates
Feb 26-Mar 7
Issue Size
₹12.97 Crores
Face Value
₹10 per share
Record Date
February 12, 2024
Dipna Pharmachem IPO GMP
The Dipna Pharmachem Record Date is February 12, 2024.
IPO 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 Limited 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 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 | ||
Dipna Pharmachem IPO 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 | rightsissue@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Dipna Pharmachem Ltd. |
| Phone number | +91 98980 66121 |
| Email ID | dharachem99@yahoo.in |
| Website | dipnapharmachem.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO 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.
