Initial public offer of upto 48,10,000 equity shares of face value of
Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 61 per equity share (including a share premium of Rs. 51 per equity share) for cash, aggregating up to Rs. 29.34 crores ("Public Issue") out of which 2,44,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 61 per equity share for cash, aggregating Rs. 1.49 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 45,66,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 61 per equity share for cash, aggregating up to Rs. 27.85 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.53 % and 25.18 % respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
13-Nov-2024
18-Nov-2024
₹ 61.00
₹ 0.00
Minimum Application for shares in Nos : 2000.0
Further Multiples of : 2000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Horizon Management Pvt Ltd
Project Financed through Current Offer
29.34
Post Issue Equity Share Capital
18.13
Issue Price
₹61.00
Projects
Upgradation of existing mfg unit 1 to mfg large volume parentals for intravenous use
Setting up a high-speed cartooning packaging line at existing mfg unit 2 for Dry Powder Injections
Prepayment or repayment of all or a portion of certain loans availed by the company