214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

144  SME IPOs listed with Gain in 2025

70  SME IPOs listed with loss in 2025

Bafna Pharmaceuticals IPO (Bafna Pharmaceuticals Limited IPO) Detail

Bafna Pharmaceuticals IPO is a Fixed Price IPO listing on BSE,NSE exchange, with an ipo size of ₹ 25.60 Cr. The company is based in Chennai and caters to Pharmaceutical sector. Keynote Financial Services , Ashika Capital are the merchant bankers of Bafna Pharmaceuticals IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th December 2007. Bafna Pharmaceuticals IPO open date is 27th May 2008 and close date is 30th May 2008. IPO Allotment Date is 30th November -0001 and Listing date is 27th June 2008.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Fixed Price

IPO Key Highlights

Bafna Pharmaceuticals IPO Date

Date of DRHP:
27th December 2007
IPO Open Date:
27th May 2008
IPO Close Date:
30th May 2008
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
27th June 2008

Bafna Pharmaceuticals IPO Info, Size, Subscription

Bafna Pharmaceuticals IPO size is ₹ 25.60 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 25.60 Cr.

Issue Price:
₹ 40.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
12.44

Subscription :
0.00 times

Pre Issue Promoter Holding :
71.07 %

Post Issue Promoter Holding :
42.60 %

Bafna Pharmaceuticals IPO Information

Sub Sector : Pharmaceutical
Bafna was started as a proprietary concern in 1981 by Mr. Bafna Mahaveer Chand under the name of Bafna Pharmaceutical and has been engaged in the business of manufacturing pharmaceutical formulations of Betalactam and Non-Betalactam products. The first manufacturing unit was set up at Madhavaram in October 1984 for the production of tablets, with an installed capacity of 420 lacs tablets per annum. Subsequently, the capsule line was added in 1987, with a capacity of 300 lacs capsules per annum, and then the liquid line was introduced in 1990, with an installed capacity of 45,000 liters per annum.

In 1995, Bafna Pharmaceuticals Limited was incorporated and acquired the entire business of the proprietary concern. In 2001, the company constructed a separate block at Madhavaram
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Object of Issue (Bafna Pharmaceuticals IPO Objectives)

To undertake Brand Building exercise in domestic & international markets
To part finance the cost of obtaining MHRA approval for Grantlyon unit
To set up a Research & Development unit at Grantlyon
To repay high cost debt
To meet the working capital requirement
To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges
General corporate purposes

Keynote Financial Services Limited is the book-running lead manager of the Bafna Pharmaceuticals IPO. Cameo Corporate Services Limited is the Registrar for Bafna Pharmaceuticals IPO.

Bafna Pharmaceuticals IPO Registrar (RTA)

Cameo Corporate Services Limited

Bafna Pharmaceuticals IPO Lead Manager (BRLM)

Keynote Financial Services Limited

Bafna Pharmaceuticals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Bafna Pharmaceuticals IPO?

Bafna Pharmaceuticals IPO, based in Chennai, operates in the   Pharmaceutical sector with a focus on pharmaceutical. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Fixed Price Issue method. Bafna Pharmaceuticals IPO size is ₹ 25.60 Cr. with fresh issue size of ₹ 26 Cr. and Offer for sale being ₹ Nil

When is Bafna Pharmaceuticals IPO allotment?

The IPO allotment date for Bafna Pharmaceuticals IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Bafna Pharmaceuticals IPO allotment status on the registrars website, Cameo Corporate Services Limited . Bafna Pharmaceuticals IPO refund dates are 30th November -0001.

When is Bafna Pharmaceuticals IPO listing date?

Bafna Pharmaceuticals IPO is expected to be listed on 27th June 2008.

What is the price band for Bafna Pharmaceuticals IPO?

The upper price band for the Bafna Pharmaceuticals IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Bafna Pharmaceuticals IPO Review?

For IPO analysis on Bafna Pharmaceuticals IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Bafna Pharmaceuticals IPO?

To apply for the Bafna Pharmaceuticals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th May 2008. After submission, funds are blocked until the basis of allotment of Bafna Pharmaceuticals IPO is finalised.

Who is the merchant banker of Bafna Pharmaceuticals IPO?

The merchant banker for Bafna Pharmaceuticals IPO is Keynote Financial Services Limited , Ashika Capital Limited . Keynote Financial Services Limited , Ashika Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Bafna Pharmaceuticals IPO RHP for further details.

Who is the Registrar of Bafna Pharmaceuticals IPO?

The registrar for Bafna Pharmaceuticals IPO is Cameo Corporate Services Limited . Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Bafna Pharmaceuticals IPO through their official website or helpline.

What is the Bafna Pharmaceuticals IPO subscription?

Bafna Pharmaceuticals IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

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FAQs

Bafna Pharmaceuticals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Bafna Pharmaceuticals Financial Review Page

Bafna Pharmaceuticals IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Bafna Pharmaceuticals IPO listed at a listing price of 38.50 against the offer price of 40.00.

The current market price of Bafna Pharmaceuticals is .

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