Exchanges
BSE
Industry
Pharmaceuticals
Issue
Fixed price

Bafna Pharmaceuticals IPO

₹38.50

−3.75% on listing

Listing-day close · BSE · 27 Jun 2008 · issue price ₹40

Bafna Pharmaceuticals’ ₹25.60 crore IPO was priced at ₹40 a share. It listed on the BSE on 27 Jun 2008 and closed its first day at ₹38.50, down 3.75% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹25.60 Cr
Fresh issue
₹25.60 Cr
Offer for sale
—
Lot size
150 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
Cameo Corporate Services

Subscription

Bafna Pharmaceuticals IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—4.88×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹63.92 Cr
Promoter holding
71.07% → 42.60%

From the offer documents.

Listing

Listing date
27 Jun 2008
Issue price
₹40
Open
₹43.80
High
₹47.20
Low
₹37.30
Close
₹38.50

Listing day on the BSE. The close was −3.75% on the issue price.

FAQs

When did the Bafna Pharmaceuticals IPO open and close?

It opened on 27 May 2008 and closed on 30 May 2008.

What was the Bafna Pharmaceuticals IPO price?

The price was ₹40 a share.

What is the lot size and minimum investment?

One lot is 150 shares, ₹6,000 at ₹40 a share. Retail investors apply in whole lots.

How much did Bafna Pharmaceuticals raise?

₹25.60 crore: ₹25.60 crore of new shares.

How many times was the Bafna Pharmaceuticals IPO subscribed?

4.88 times overall.

How did Bafna Pharmaceuticals list?

It listed on the BSE on 27 Jun 2008 at ₹43.80 and closed the day at ₹38.50, down 3.75% on the ₹40 issue price.

Who is the registrar of the Bafna Pharmaceuticals IPO?

Cameo Corporate Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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