IPO Synopsis

Bafna Pharmaceuticals Ltd
Registered Office: Bafna Towers New No 68,Old No 299 Thambu Chetty St,Chennai-600001, Tamil Nadu
Tel. No: 91-44-25267517/25270992/4267755
Fax No: 91-44-25231264/42677599
Email: cs@bafnapharma.com; info@bafnapharma.com
Website: www.bafnapharma.com
Public Issue of 64,00,000 equity shares of Rs.10/- each at a price of Rs.40/- per equity share (including share premium of Rs.30/-per equity share) for cash aggregating Rs.25.60 Crores by Bafna Pharmaceuticals Limited (Hereinafter Referred to as the "Issue"). The issue will constitute 40.05% of the post issue paid-up capital of the company. The issue price is 4 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
27-May-2008 30-May-2008 ₹40.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 150 Further Multiples of :150
(₹ Cr) Lead Managers to the Issue
Project Cost 25.60 Ashika Capital Ltd
Project Financed through Current Offer 25.60 Keynote Corporate Services Ltd
Post Issue Equity Share Capital 15.98
Issue Price 40.00
Projects
To undertake Brand Buld in Domestic & Intl.Markets
To part Fin the cost of obtaining MHRA Approval
To Set up a Research & Development Unit
Tp Repay of High Cost Debt
To Meet the Working Capital Requirement
Promoted By
Bafna Mahaveer Chand
Paras Bafna
Navin Bafna
Listing At
BSE
Registrar To The Issue