247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Ganga Pharmaceuticals Limited IPO (Ganga Pharmaceuticals IPO) Details

Ganga Pharmaceuticals Limited is an Pharmaceutical - Ayurvedic based company, located in Mumbai, Ganga Pharmaceuticals Limited IPO size was 1.54 Cr. and was issued at 15.00 per share. The share of Ganga Pharmaceuticals Limited were listed at 14.50 per share and are currently trading at 16.26 per share.

Type :
Sub Sector : Marketing Distribution Of Bulk Ayurvedic Medicines
SME IPO
BSE SME

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

Revenue :
2.58 Cr.

PAT :
0.09 Cr.

Pricing Report

Issue Price :
15.00

Listing Price :
14.50

Current Market Price :
16.26

Issue Price vs CMP :
1.26 (8.40%)

listing Price vs CMP :
1.76 (12.14%)

Performance Report (CAGR* wise)

CAGR : 0.91
-ve 0 6 9 12+
Above Average

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

About Ganga Pharmaceuticals

Company Information
Ganga Pharmaceuticals Limited was founded in 1974 by the visionary Late Shri Brijmohan Sharma, a qualified Ayurveda expert, as a proprietary concern. In 1989, the proprietary firm was converted into a private limited company, and later, on 19th September 1994, it became a public limited company. Initially, the company was established as a producer of quality bulk Ayurvedic medicines in Mumbai. In addition to manufacturing, the company is also involved in the marketing and distribution of bulk Ayurvedic medicines.

Under the management of Late Shri Brijmohan Sharma, the company built a remarkable market reputation, not just in Mumbai, but across Maharashtra. The company initially manufactured proprietary products such as Ampachan Vati, Khadira Vati, and Nirmalaya Churna. Recognizing the growing demand for these products and the increasing
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Object of Issue
  • Enhance Company

Ganga Pharmaceuticals SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Feb, 2016
IPO Size :
1.54 Cr.
PE Multiple :
65.00
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Ganga Pharmaceuticals operates in Pharmaceutical - Ayurvedic and Marketing Distribution Of Bulk Ayurvedic Medicines. The Issue is listed on BSE SME in Feb, 2016. Ganga Pharmaceuticals IPO size was 1.54 Cr. with Issue price of 15.00 .

Ganga 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.

Ganga Pharmaceuticals IPO listed at a listing price of 14.50 against the offer price of 15.00.

The current market price of Ganga Pharmaceuticals is 16.26.

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