Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Earum Pharmaceuticals Ltd

Registered Office: G1 Ground Floor VR Complex,Nr Sanathal Cross Rd SP RingRd, Ahmedabad - 382210, Gujarat, India.
Phone : 91-79-48402525   Fax:
Email :  cs@earumpharma.com  
Website :  www.earumpharma.com

Initial Public Offer of 18,48,000 equity shares of face value of Rs.10 each (the "equity shares") of Earum Pharmaceuticals Limited ("the company" or "epl" or "the issuer") at an issue price of Rs.36 per equity share for cash, aggregating up to Rs. 6.65 Crores ("public issue") out of which 96,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 36 per equity share for cash, aggregating Rs. 0.35 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). the public issue less market maker reservation portion i.e. issue of 17,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 36 per equity share for cash, aggregating upto Rs. 6.31 Crores is here in after referred to as the "net issue". the public issue and net issue will constitute 29.96% and 28.41 % respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs.10 each. Fixed Price issue at Rs.36 per share and is 3.6 times of the face value.

Issue Money Payable On
Opens on Closes On Application Allotment
21-Jun-19 26-Jun-19 36.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 6.65 Hem Securities Ltd
Project Financed through Current Offer 6.65  
Post Issue Equity Share Capital 6.17  
Issue Price 36.00  

Project

  • To Meet Working Capital Requirements
  • General Corporate Purpose

Promoted By

Bhumishth Narendrabhai Patel

Payal Bhumishth Patel

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.