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IPO Issue

Sandhar Technologies IPO

The IPO of Sandhar Technologies Limited will remain open for subscription from March 19-21, 2018. The issue comprises of fresh issue of equity shares of Rs. 10 aggregating up to Rs. 300 crore and Offer for sale of up to 64,00,000 equity shares.The issue price is in the range of Rs. 327-332 per equity share having a face value of Rs. 10 each. The minimum lot size consists of 45 shares.

Karda Construction IPO

The public issue of Karda construction Limited, a Nashik-based real estate developer, will open on 16-03-2018 and closes on 21-03-2018.  The minimum market lot of the issue is 80 shares for the price range of Rs. 175-Rs. 180 per share with face value of Rs. 10 per share. The company will be listed on BSE and NSE both. The issue comprises of public issue of 43,00,000 shares out of which 23,00,000 will be fresh issue and 20,00,000 shares will be offer for sale by the promoters. The promoter holding in the company will come down to 45.5 per cent post issue versus 76 per cent pre issue

Bandhan Bank IPO

The issue opens on March 15, 2018, and closes on March 19, 2018. The issue comprises of fresh issue and an offer for sale of 11.9 crore shares of the promoter company BFSL (Bandhan Financial Services Ltd) worth Rs 4473 crore. The price band fixed for the issue is Rs 370-Rs 375 per share with face value of Rs.10 per share. The minimum lot size of the issue is 40 shares and will be listed on the BSE and NSE

Bharat Dynamics IPO

The IPO of Bharat Dynamics will remain open for subscription from March 13-15, 2018. The issue consists of Offer for Sale (OFS) where the Indian government is selling 12% stake worth Rs 960.94 crore. The issue price is in the range of Rs 413-428 per equity share having face value of Rs 10 each.


IPO Market

Company Name Listing
Last Traded
Last Traded
ABB Power Products and Systems India Ltd. 30/03/2020 714.00 03/07/2020 842.95 12,355
SBI Cards and Payment Services Ltd. 16/03/2020 658.00 03/07/2020 674.85 2,461,518
Suven Pharmaceuticals Ltd. 09/03/2020 320.00 03/07/2020 508.05 241,154
Universus Photo Imagings Ltd. 14/02/2020 58.80 03/07/2020 95.00 4,170
Birla Tyres Ltd. 10/02/2020 13.10 03/07/2020 48.10 2,379,393

SME Market

Company Name Issue Open
Isuue Closing
Janus Corporation Ltd. 2020-01-27 2020-01-30 50 0.00 0 2020-02-06 51 67
ICL Organic Dairy Products Ltd. 2020-01-31 2020-02-07 20 0.00 0 2020-02-14 0 21
Chandra Bhagat Pharma Ltd. 2020-01-31 2020-02-06 51 0.00 0 2020-02-13 0 48
SM Auto Stamping Ltd. 2020-03-03 2020-03-05 18 0.00 0 2020-03-16 18 16
RO Jewels Ltd. 2020-03-12 2020-03-17 36 0.00 0 2020-03-25 0 36


Granules recall twelve lots of Metformin Hydrochloride ER tablets

Geyatee Deshpande / Article rating: 4.7

Granules Pharmaceuticals, Inc., (Chantilly, Virginia), which is a wholly-owned subsidiary of Granules India Limited, has voluntarily recalled 12 lots of Metformin Hydrochloride extended-release tablets USP, 750 mg, 100 and 500 count bottles within expiry to the consumer level due to the detection of N-Nitrosodimethylamine (NDMA) levels above the acceptable daily intake (ADI).