Molbio diagnostics' Rs 940 crore initial public offering opens August 10

The initial public offering price range for Molbio Diagnostics has been established, with a target of raising ₹940 crore. Subscription will begin on August 10, featuring a combination of fresh share issuance and offer for sale. Leading this endeav...

ETMarkets.com

The IPO comprises a fresh issue of shares worth ₹200 crore and an offer for sale (OFS) of ₹739.70 crore.

Mumbai: Molbio Diagnostics has fixed the price band of its ₹940 crore initial public offering (IPO) at ₹768-807 per equity share. The issue will open for subscription from August 10 to 12.

The IPO comprises a fresh issue of shares worth ₹200 crore and an offer for sale (OFS) of ₹739.70 crore. Kotak Mahindra Capital, IIFL Capital Services, Jefferies India, and Motilal Oswal Investment Advisors are the book-running lead managers to the issue.

Read Also : NFO Insight: Edelweiss Nifty REITs & Realty Index Fund opens for subscription. Can its 60:40 REIT-realty mix deliver?
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › IPOs/FPOs › Molbio diagnostics' Rs 940 crore initial public offering opens August 10
Text Size:AAA
Success
This article has been saved

*

+