Incorporated in 2003, Infinium Pharmachem Limited manufactures & supplies Iodine Derivatives, APIs, and Iodination reaction-based bulk drugs.
KEY POINTS
Business Area: Infinium is an integrated Pharma and Healthcare segment company with niche products. Co. manufactures and supplies various pharma-related chemicals, bulk drugs, pharma intermediates, etc.
Wide range of Product [1] Company currently provides the widest range of Iodine derivatives in the market, with 250+ intermediates and 15+ APIs
Manufacturing Facilities [3] The Company has its manufacturing plant at GIDC Sojitra, Dist. Anand - 387240, Gujarat, spread across 6204.53 sq. Mtrs. of land.
IPO Details Company intends to raise 25.3 Crs through the IPO which will be utilized for:
- To meet Marketing and Other Expenses
- Expansion of the Existing facility
- Repayment of Borrowings
- To meet its working capital requirement.
Micro-cap company with reasonable PE (34.96) than peers. It has recently IPO’d and untested. Looking to enter at right price.