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Chandra Bhagat Pharma gets listed on BSE SME at Rs.51 per share

Shares of Chandra Bhagat Pharma is listed on the BSE SME Platform in the list of MT Group of Securities.

Company : Chandra Bhagat Pharma limited

Chandra Bhagat Pharma got listed on BSE SME platform on 14 February, 2020. The companys shares hit the market on 31 January, 2020 and close on 06 February,2020 with an initial public offering of 20.00 Lacs equity shares at the value of Rs.51 per equity share (premium of Rs.41 per share), aggregating to Rs.10.20 crore.

The share of Chandra Bhagat Pharma closed at Rs. 51 on the first day of listing (14th Feb., 2020).

Mr. Hemant Chandravadan Bhagat and Mr. Pranav Hemant Bhagat are the promoters of the company. The main object of Chandra Bhagat Pharma for the issue is to set up distribution and Warehousing Centres and to meet public issue expenses.

Incorporated in 2003, Chandra Bhagat Pharma Limited is engaged in the marketing of lifesaving medicines in India such as Cardiovascular, Antineoplastic, Antibiotics and Hormones medicines. They provide pharmaceuticals and special chemical products to the Indian and international market.

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