Infinium Pharmachem IPO

Company Profile
Company Name Infinium Pharmachem IPO
Open Date 31-03-2023
Close Date 05-04-2023
Exchange NSE SME
Lot Size 1000 shares
Issue Price ₹ 135 per share
Issue Size 18,75,000 Equity Shares
Application Amount ₹135000
Recommendation Apply
Company was originally incorporated as Private Limited, under the Companies Act, 1956 (“Companies Act”) in the name and style of “M/s Infinium Pharmachem Private Limited” on November 21st, 2003. Later on August 12th, 2022, company was converted into public limited company, the name of the Company was changed to “Infinium Pharmachem Limited”. The Company was incorporated with the objective of manufacturing and supplying of various pharma related chemicals, bulk drugs, pharma intermediates etc. currently provides the widest range of Iodine derivatives in the market, with more than 250+ intermediates and 15+ APIs. The Company has a good quantity of competent raw material suppliers, which allows it to bypass many supply chain bottlenecks. Professional and experience team including in-house R&D and Quality Assurance departments.
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Summary of Financials (All financials in lakhs)

For the Period Ended Mar-21 Mar-22 Sep-22
Total Assets 3,418.27 5,899.95 7,075.71
Net Assets 702.32 1,310.22 1,855.77
Total Borrowings 1051.21 2252.06 2475.70
Total Revenue 7,115.37 10,005.25 7,985.39
Profit After Tax 272.48 610.64 551.01

Tentative Timeline

Opening Date 31-03-2023
Closing Date 05-04-2023
Basis of Allotment 11-04-2023
Initiation of Refunds 12-04-2023
Credit of Shares to Demat 13-04-2023
Listing Date 17-04-2023

Objects of the Issue

Marketing and branding expenses (including registration in reach - Europe, and other marketing expenses).
Repayment of some of the existing loans and expansion of units.
To meet incremental working capital requirements.
To meet public issue expenses.

Contact Information

Registered Office Infinium Pharmachem Limited 38 G.I.D.C Sojitra, Taluka - Sojitra, Dist. - Anand - 387240
Phone +91-2692-238849

Registrar Details

Name Bigshare Services Pvt Ltd
Phone 91-22-6263 8200

IPO Reservation

Market Maker Shares Offered 94,000 (4.77%)
Other Shares Offered 9,37,500 (47.61%)
Retail Shares Offered 9,37,500 (47.61%)
Total Shares Offered 19,69,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.05%

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