Senores Pharmaceuticals Ltd.
Industry:
Pharmaceuticals & Drugs
Issue Details
Open Date
20 Dec 2024Close Date
24 Dec 2024Size (in Crs.)
317.49 - 333.71
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-19Lot Size
38
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding the capital expenditure requirements by investment in of one of our Subsidiaries, Havix Group, Inc. d/b/a Aavis Pharmaceuticals (“Havix”), for setting up a manufacturing facility for the production of sterile injections in our Atlanta Facility;2. Re-payment/pre-payment, in full or in part, of certain borrowings availed by our Company and our Subsidiaries, namely, Havix, Ratnatris Pharmaceutical Private Limited (“Ratnatris”) and Senores Pharmaceuticals Inc. (“SPI”);3. Funding the working capital requirements of our Company and our Subsidiaries, namely, SPI and Ratnatris; and4. Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes.
Description
We are a global research driven pharmaceutical company engaged in developing and manufacturing a wide range of pharmaceutical products predominantly for the Regulated Markets across various therapeutic areas and dosage forms, with a presence in Emerging Markets. Our strength lies in identifying, developing and manufacturing a diverse range of specialty, underpenetrated and complex pharmaceutical products establishing us as a preferred partner to certain customers. Through data analytics, research, market asses... Show More
Address
1101 To 1103, 11th Floor, South Tower , One 42 Opp. Jayantilal Park , Ambali Bopal Road
Ahmedabad
380054
Promoter Holding
Promoters:
Ashokkumar Vijaysinh Barot, Swapnil Jatinbhai Shah
Total Share Capital
22176079
Offered to Public
-
% Promoter's Holding (Pre-Issue)
66.66
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
22176079
Of above offred to public
-
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Ambit Pvt Ltd., Equirus Capital Pvt Ltd, Nuvama Wealth Management Ltd.
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
-
-
Website
-
Fax
-