Infinium Pharmachem IPO

Incorporated in 2003, Infinium Pharmachem Limited manufactures & supplies Iodine Derivatives, APIs, and Iodination reaction-based bulk drugs.

The company offers R & D services and commercial scale manufacturing and packaging for Pharmaceutical, Agrochemical, Nutraceutical, Speciality Chemicals & other chemical industries.

Infinium Pharmachem’s manufacturing plant is located in Gujarat – INDIA, which spans across 4100 Sq. Mtr. Plot area. The facility is FDA certified & GMP compliant with capabilities of producing complex Iodine Derivatives.

The company serves to over 15+ countries across the globe and has over 200+ Iodine Derivatives and 7+ APIs.

Objects of the Issue with Infinium Pharmachem IPO

The proceeds from the fresh issue will be utilized for the following objects:

1. Marketing and branding expenses (including registration in reach – Europe, and other marketing expenses).

2. Repayment of some of the existing loans and expansion of units.

3. To meet incremental working capital requirements.

4. To meet public issue expenses.

Financials of Infinium Pharmachem Limited

(Amount in ₹ Crore)

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing

Infinium Pharmachem IPO Details

IPO DateMar 31, 2023 to Apr 5, 2023
Listing DateApr 17, 2023
Face Value₹10 per share
Price₹135 per share
Lot Size1000 Shares
Total Issue Size1,875,000 shares
(aggregating up to ₹25.26 Cr)
Fresh Issue1,875,000 shares
(aggregating up to ₹25.26 Cr)
Employee DiscountRs 13.5 per share
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Infinium Pharmachem IPO Tentative Timetable

Infinium Pharmachem IPO opens on Mar 31, 2023, and closes on Apr 5, 2023.

EventTentative Date
Opening DateMar 31, 2023
Closing DateApr 5, 2023
Basis of AllotmentApr 11, 2023
Initiation of RefundsApr 12, 2023
Credit of Shares to DematApr 13, 2023
Listing DateApr 17, 2023
UPI Mandate Confirmation Cut-Off Time5.00 PM on the issue closing day

Infinium Pharmachem IPO Lot Size

The Infinium Pharmachem IPO lot size is 1000 shares.

Retail (Min)11000₹135,000
Retail (Max)11000₹135,000
HNI (Min)22,000₹270,000

Infinium Pharmachem IPO FAQs

What is Infinium Pharmachem IPO?

Infinium Pharmachem IPO is a SME IPO of 1,875,000 equity shares of the face value of ₹10 aggregating up to ₹25.26 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 1000 Shares.

The IPO opens on Mar 31, 2023, and closes on Apr 5, 2023.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

When Infinium Pharmachem IPO will open?

The Infinium Pharmachem IPO opens on Mar 31, 2023 and closes on Apr 5, 2023.

What is the lot size of Infinium Pharmachem IPO?

Infinium Pharmachem IPO lot size is 1000 Shares.

How to apply for Infinium Pharmachem IPO?

You can apply in Infinium Pharmachem IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When is Infinium Pharmachem IPO allotment?

The finalization of Basis of Allotment for Infinium Pharmachem IPO will be done on Apr 11, 2023, and the allotted shares will be credited to your demat account by Apr 13, 2023.

When is Infinium Pharmachem IPO listing date?

The date of Infinium Pharmachem IPO listing is Apr 17, 2023.