Thursday, 29 September 2016

Forthcoming IPOs : Sakar Healthcare Ltd.



Sakar Healthcare Ltd.
Plot No. 10/13, Nr. M N Desai Petrol Pump, Sarkhej Bavla Highwa , Ahmedabad , Gujarat - 382213
Phone: 250477 Fax: 251621
Public Issue of 2961000 Equity Shares of Rs 10 each for Cash at a Premium of Rs 40 per share.
Issue Open Date Issue Closing Date Application Money Allotment Money
30/09/2016 05/10/2016 50 -
Lead Managers Registrar Listed at
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound, , L.B.S. Marg
, Bhandup (West)
, Mumbai , Maharashtra - 400078
Phone: 61715400 Fax: 25960329
NSE
Object of the issue
The object to the Issue is as mentioned below :
1. To set up a new Lyophilization facility to manufacture Lyophilized Products (Injectable) in existing unit at Changodar, Ahmedabad, Gujarat,
2. To obtain registration of European Union GMP,
3. To register new products,
4. To meet working capital requirements,
5. To meet general corporate purpose.
Promoted by
The Promoters of the Company are :
1. Mr. Sanjay Shah
2. Mrs. Rita Shah

1. Mr. Sanjay Shah : Sanjay Shah, aged 57 years is Promoter and Managing Director of the Company. He has been Director in the Company since incorporation. He holds a degree of Master of Business Administration from Vikram University, Ujjain, Madhya Pradesh. Apart from that, he hold diploma in plastic technology. He has more than a decade of experience in pharmaceutical, mineral water and plastic industry. Prior to the Company, he promoted Bisil Plast Ltd., the bottler of mineral water since 1986. He is presently instrumental in managing the entire affairs and functioning of the Company including production, sales, marketing and finance. He is the guiding force behind the strategic decisions of the Company and has been prominent in planning and formulating the overall business strategy and developing business relations for the Company.


2. Mrs. Rita Shah : Rita Shah, aged 52 years is Promoter and Whole Time Director of the Company. She has been Director in the Company since incorporation. She is a science graduate from Gujarat University and an experienced business woman. She manages the day to day administrative operations of the Company. She also assists Sanjay Shah in procurement of materials, production and controlling of quality products.

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