Infinium Pharmachem IPO, Review, IPO Performance by IPOPlatform India

About Infinium Pharmachem

Company Information

Infinium Pharmachem was originally incorporated as Private Limited, under the Companies Act, 1956 (“Companies Act”) in the name and style of “M/s Infinium Pharmachem Private Limited” on November 21st, 2003 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad, Gujarat. Later on, company was converted into public limited company, the name of the Company was changed to “Infinium Pharmachem Limited” and fresh Certificate of Incorporation dated August 12th, 2022 was issued by the Registrar of Companies, Ahmedabad, Gujarat. Their Promoters Sanjay kumar Viththalbhai Patel, Pravin Bhadabhai Madhani and others laid down the foundation of the company in the year 2003 as a Private Limited in the name of “M/s Infinium Pharmachem Private Limited” with a

Object of Issue

Marketing and branding expenses (including registration in reach - Europe, and other marketing expenses)
Repayment of some of the existing loans and expansion of units
To meet incremental working capital requirements
To meet public issue expenses

Infinium Pharmachem SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Apr, 2023

IPO Size :

25.26 Cr.

Market Cap :

93.93 Cr.

IPO Subscription :

1.84 X

PE Multiple :

7.83

Merchant Banker :
Swastika Investmart Limited

IPO Registrar:
Bigshare Services Private Limited

Anchor Investors:

FAQs

1. What is Infinium Pharmachem IPO?

Infinium Pharmachem operates in Pharmaceutical and Pharmaceutical & Healthcare Provider. The Issue is listed on NSE EMERGE in Apr, 2023. Infinium Pharmachem IPO size was 25.26 Cr. with Issue price of 135.00 .

2. Who is the merchant banker of Infinium Pharmachem IPO?

Merchant Banker(s) of Infinium Pharmachem IPO: Swastika Investmart Limited

3. How many times Infinium Pharmachem IPO was subscribed?

Infinium Pharmachem IPO subscription was 1.84 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.

4. What is the listing price of Infinium Pharmachem IPO?

Infinium Pharmachem IPO listed at a listing price of 141.50 against the offer price of 135.00.

5. What is the current market price of Infinium Pharmachem IPO?

The current market price of Infinium Pharmachem is 241.90.