Parabolic Drugs Ltd.
Issue Open Date 14-Jun-10  
Issue Closing Date 17-Jun-10  
Application Money 100  
Allotment Money  
Price Band () 75 - 85  
Minimum Bid Quantity. 80  
Issue Size (Shares) 26666666  
Market Lot 1  
Objective

The Net Proceeds of the Fresh Issue are proposed to be utilized by us for financing the following objects:1. Multi-purpose block III at Derabassi 2. Sterile cephalosporin plant at Derabassi 3. Establishment of Chachrauli plant 4. Custom synthesis and manufacturing site II at IT Park, Panchkula 5. Repayment / prepayment of identified loan facilities and6. General corporate purposes.

Business Description

We were founded in 1996 by our Promoters Mr. Pranav Gupta and Mr. Vineet Gupta, who are professionally qualified first generation entrepreneurs. We are presently engaged in the manufacturing, including contract manufacturing, of APIs and API intermediates for the domestic market as well as for exports to international markets, including regulated markets. APIs, also known as =bulk drugs‘ or =bu...

Promoter's Holding
Total Share Capital   37251049  
Offered to Public   26666666  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   38.04  
Address
Address :S. C. O 186-187
2nd Floor
Sector 8 C
City :Chandigarh, State :Union Territory Pincode :160008 Phone :0172-4182800 Email : Website : www.parabolicdrugs.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Avendus Capital Pvt Ltd.
ICICI Securities Ltd
Promoters
Parabolic Infrastructure Pvt Ltd.
PNG Trading Pvt Ltd.
Pranav Gupta
Vineet Gupta
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