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Eris Lifesciences Ltd. IPO

NSE & BSE Bookbuilding IPO Offer For Sale Closed
GMP +₹0 +0% Est. Listing ₹603
Issue Price
₹603
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹603
GMP based
Lot Size
24
shares / lot
Min Amount
₹14,472
1 lot · 24 shares
Opens
16 Jun
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
16 Jun 2017
Fri Completed
Done
Close Date
20 Jun 2017
Tue Completed
Done
Allotment
23 Jun 2017
Fri Completed
Done
Refund
27 Jun 2017
Tue Completed
Done
Demat Credit
28 Jun 2017
Wed Completed
Done
Listing Date
29 Jun 2017
Thu Completed
UPI Deadline: 20 Jun 2017
Issue Details
Pricing & Size
Issue Price
₹603 Face ₹1
Lot Size
24 shares
Min Investment
₹14,472
Total Issue Size
2,88,75,000 shares (aggregating up to ₹1,740.49 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Offer For Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,15,43,750 (74.61%)
NII / HNI
43,08,750 (14.92%)
Retail
28,72,500 (9.95%)
Employee
1,50,000 (0.52%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
13,75,00,000 shares
Post-Issue Shareholding
13,75,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 24 ₹14,472
HNI / NII 14 336 ₹2,02,608
bHNI / bNII 70 1,680 ₹10,13,040
Objects of Issue
1 objectives
1
1 The company will not receive any proceeds from the Offer and all the proceeds will go to the Selling Shareholders.
Lead Managers & Market Maker
Book Running Lead Managers
Axis Capital Ltd.
Citigroup Global Markets India Pvt.Ltd.
Credit Suisse Securities (India) Pvt.Ltd.
IPO Timeline
Open
16 Jun
✓ Done
Close
20 Jun
✓ Done
Allotment
23 Jun
✓ Done
Listing
29 Jun
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
eris.ipo@linkintime.co.in
Company Contact
Email
complianceofficer@erislifesciences.com
Phone
+91 79 3045 1111
Address
7th Floor, Commerce House IV, Beside Shell Petrol Pump, 100 Feet Road, Prahladnagar, Ahmedabad 380 015 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹603
Est. Listing
₹603
Lot Size
24 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB — 2,15,43,750 (74.61%) —
NII / HNI (Total) — 43,08,750 (14.92%) —
Retail Investors — 28,72,500 (9.95%) —
Employee Shares Offered — 1,50,000 (0.52%) —
Market Maker * 1× — —
Total ** — 2,88,75,000 (100.00%) —
* Based on ₹603.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,15,43,750 (74.61%)
NII
43,08,750 (14.92%)
Retail
28,72,500 (9.95%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount In Crore
Metric31-Mar-1631-Mar-1531-Mar-14
Revenue597.02545.56508.82
PAT134.8689.2670.91
EBITDA———
Net Worth———
Total Assets397.36357.29270.60
Reserves———
Borrowings———
About Eris Lifesciences Ltd.

Incorporated in 2007, Eris Lifescience Ltd is Ahmedabad, Gujrat based pharmaceutical company engaged in research, development, manufacturing and selling of select therapeutic areas within the chronic and acute categories of the Indian Pharmaceutical Market.

Eris product portfolio is primarily focused on therapeutic areas which require the intervention of super specialist and specialist doctors such as Diabetologists, Endocrinologists Cardiologists, and Gastroenterologists.

Eris products in the chronic category cater primarily to the therapeutic areas including cardiovascular, anti-diabetics and neurology, chronic respiratory and chronic pain (analgesics).

In acute category, the product portfolio includes vitamins, gastroenterology, anti-infectives, gynaecology, cute respiratory, acute pain (analgesics), hepatoprotectives, hormones, hematology, dermatology, anti-obesity products and products for injury healing.

Eris Lifescience own and operate a manufacturing facility in Guwahati, Assam. They also outsource the manufacturing of certain of its products to 20 manufacturers. Eris strong sales team comprised of 1,310 marketing representatives.

Eris Lifescience Strengths:

• Focus on branded prescription based pharmaceutical products catering to lifestyle related disorders
• Portfolio of high volume and leading brands
• Focus on metro cities and class 1 towns in India which have higher incidence of lifestyle disorders and concentration of specialists and super specialists
• Multi-faceted product selection and engagement model leading to growth in prescription
• Strong sales, marketing and distribution capabilities

Frequently Asked Questions
What is the issue price of Eris Lifesciences Ltd. IPO?
The issue price of Eris Lifesciences Ltd. IPO is ₹603 per share, face value ₹1.
What is the lot size?
Minimum lot size is 24 shares, requiring ₹14,472.
What are the IPO dates?
Opens 16 Jun 2017, closes 20 Jun 2017.
When is the listing date?
Tentative listing: 29 Jun 2017 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹603 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Eris Lifesciences Ltd. IPO · Expected 23 Jun 2017

Check on Registrar
Post-IPO Timeline
Allotment Date
23 Jun 2017
Refund Initiation
27 Jun 2017
Demat Credit
28 Jun 2017
Listing Date
29 Jun 2017
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹603
Face ₹1
Lot Size
24
shares / lot
Min Amount
₹14,472
1 lot
Est. Listing
₹603
GMP +₹0
Key Dates
Open
16 Jun Done
Close
20 Jun Done
Listing
29 Jun Done
Registrar
MUFG Intime India Pvt.Ltd.
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