The Infinium Pharmachem date has been confirmed from March 31 and ended on April 5 . Read the post to learn about Infinium Pharmachem IPO GMP.
Infinium Pharmachem IPO of INR, 25.On March 31, 2023, the initial subscription of 31 crore shares pertaining to 1,875,000 equity shares will start. The company will issue 25,00,000 units at Rs.10 per equity share via a fixed-price Initial Public Offering (IPO). 135 shares/lot and buy/sell calls/puts $95, $100, and $105.
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Key Details Of Infinium Pharmachem IPO:
Bidding Dates
March 31 – April 5
Price Range
₹135 per share
Face Value
₹10 per share
GMP
₹2
Infinium Pharmachem GMP
The Infinium Pharmachem IPO GMP Today is ₹[2].
IPO Overview
The offer price for Infinium Pharmachem IPO is Rs 25.26 crore in the form of fixed price issue. Such bid will be made only for the new shares which total up to 18,75,000 equity shares.
Investors who wanted to participate in the placement of the Infinium Pharmachem IPO started bidding from 31st March to 5th April 2023. The date of Infinium Pharmachem’s IPO offering was determined and announced as April 11th, Tuesday 2023. The shares would be listed on NSE SME from 17 April 2023 onward.
The quoted issue price of Infinium Pharmachem’s proposed IPO is ₹135 per share. The minimum IPO Shares Size for an application is 1000 Shares. The minimum amount of investment eligibility for retail investors is ₹135,000, which is quite less compared to the minimum amount usually required. On the other hand, an investor with a net worth of ₹2 lakh can take the HNI path by investing a minimum of two lots in stocks that cost ₹10 per share.
Infinium Pharmachem IPO Date & Price Band Details
| IPO Date | March 31, 2023 to April 5, 2023 |
| Listing Date | April 17, 2023 |
| Face Value | ₹10 per share |
| Price | ₹135 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,875,000 shares (aggregating up to ₹25.26 Cr) |
| Fresh Issue | 1,875,000 shares (aggregating up to ₹25.26 Cr) |
| Employee Discount | Rs 13.5 per share |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 94,000 shares |
Infinium Pharmachem IPO Market Lot
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Applications | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹135,000 |
| Retail (Max) | 1 | 1000 | ₹135,000 |
| HNI (Min) | 2 | 2,000 | ₹270,000 |
Infinium Pharmachem IPO Allotment & Listing Dates
Infinium Pharmachem IPO opens on March 31, 2023, and closes on April 5, 2023.
| IPO Open Date | Friday, March 31, 2023 |
| IPO Close Date | Wednesday, April 5, 2023 |
| Basis of Allotment | Tuesday, April 11, 2023 |
| Initiation of Refunds | Wednesday, April 12, 2023 |
| Credit of Shares to Demat | Thursday, April 13, 2023 |
| Listing Date | Monday, April 17, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 5, 2023 |
Infinium Pharmachem Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
| 31-Mar-20 | 2,244.60 | 3,941.64 | 93.40 | 424.74 | 566.17 |
| 31-Mar-21 | 3,418.27 | 7,115.37 | 272.48 | 702.32 | 579.47 |
| 31-Mar-22 | 5,899.95 | 10,005.25 | 610.64 | 1,310.22 | 1,385.01 |
| 30-Sep-22 | 7,075.71 | 7,985.39 | 551.01 | 1,855.77 | 1,614.71 |
Infinium Pharmachem Company Financials
| Particulars | Year ending on March 31, 2022 (₹ Lakh) | Year ending on March 31, 2021 (₹ Lakh) | Year ending on March 31, 2020 (₹ Lakh) |
| Revenue from Operations | 7,403.77 | 5,455.79 | 3,603.84 |
| Profit After Tax (PAT) | 550.34 | 271.94 | 101.81 |
| EBITDA | 1096.60 | 557.60 | 305.82 |
| EPS | 60.07 | 26.80 | 9.19 |
| Period Ended | As on March 31, 2022 (₹ Lakh) | As on March 31, 2021 (₹ Lakh) | As on March 31, 2020 (₹ Lakh) |
| Current Asset | 3,393.30 | 2,231.01 | 1,605.09 |
| Current Liabilities | 2,288.31 | 1,796.98 | 1,060.64 |
Company Profile
At Infinium Pharmachem Limited, we are well-focused on Iodine chemistry & this is our only core area. We are working as CRAMS, but our domain is very restricted to Iodine chemistry & it revolves around Iodine derivatives or Iodination. We have manufactured & supplied a wide range of superior-quality Iodine Derivatives & APIs since 2003. We also provide fully integrated customized services from R & D to Commercial scale manufacturing and packaging for our products to the Pharmaceutical, Agrochemical, Nutraceutical, Speciality Chemicals & various other chemical Industries. We supply a range of Iodine derivatives on an order-to-make basis only. However, we keep in ready stock many of the well-in-demand products.
Infinium always welcomes any specific customisation enquiry concerning quality specification/s, packing, labeling, testing (MOA) & analysis &/OR shipment schedule. Our Technical Team will be happy to extend full technical support.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
Contact Details
| Name | Infinium Pharmachem Limited |
| Phone number | +91-2692-238849 |
| Email ID | [email protected] |
| Website | https://infiniumpharmachem.com/ |
IPO Strengths
- 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.
Infinium Pharmachem FAQs
When Infinium Pharmachem IPO will open?
The Infinium Pharmachem IPO opens on March 31, 2023 and closes on April 5, 2023.
What is the lot size of Infinium Pharmachem IPO?
Infinium Pharmachem IPO lot size is 1000 Shares, and the minimum amount required is ₹135,000.
When is Infinium Pharmachem IPO allotment?
The finalization of Basis of Allotment for Infinium Pharmachem IPO will be done on Tuesday, April 11, 2023, and the allotted shares will be credited to your demat account by Thursday, April 13, 2023.
When is Infinium Pharmachem IPO listing date?
The Infinium Pharmachem IPO listing date is on April 17, 2023.
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