58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Bafna Pharmaceuticals Limited IPO (Bafna Pharmaceuticals IPO) Details

Bafna Pharmaceuticals Limited is an Pharmaceutical based company, located in Chennai, Bafna Pharmaceuticals Limited IPO size was 25.60 Cr. and was issued at 40.00 per share. The share of Bafna Pharmaceuticals Limited were listed at 38.50 per share and are currently trading at per share.

Type :
Sub Sector : Pharmaceutical
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
17.28 Cr.

PAT :
1.96 Cr.

Pricing Report

Issue Price :
40.00

Listing Price :
38.50

Current Market Price :

Issue Price vs CMP :
40 (100.00%)

listing Price vs CMP :
38.5 (100.00%)

Performance Report (CAGR* wise)

CAGR : -100
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Bafna Pharmaceuticals

Company Information
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
  • 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

Bafna Pharmaceuticals MainBoard IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2008
IPO Size :
25.60 Cr.
PE Multiple :
12.44
Merchant Banker :
Keynote Financial Services Limited
IPO Registrar:
Cameo Corporate Services Limited
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FAQs

Bafna Pharmaceuticals operates in Pharmaceutical and Pharmaceutical. The Issue is listed on BSE,NSE in Jun, 2008. Bafna Pharmaceuticals IPO size was 25.60 Cr. with Issue price of 40.00 .

Merchant Banker(s) of Bafna Pharmaceuticals IPO: Keynote Financial Services Limited , Ashika Capital Limited

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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