Laxmi Organics plans to go public, files draft papers for Rs 800 crore IPOThe IPO is a fresh issuance aggregating to Rs 500 crore and an offer for sale of face value of Rs 2 each by the promoter selling shareholde...
16 Dec, 2020, 02.33 PM IST
India's largest pharma IPO set to hit marketThis will be the largest IPO by a pharmaceutical company in India. The biggest IPO till date in the sector was from Eris Lifesciences, whic...
02 Nov, 2020, 07.17 AM IST
Chemcon Speciality IPO: Issue size, price band & other key detailsThe firm is India’s largest manufacturer of specialised chemicals, such as Hexamethyldisilazane / Hexamethyldisilane (HMDS) and Chloromethy...
19 Sep, 2020, 02.19 PM IST
Neogen Chem looks pricey, better to enter after listingThe IPO appears to be richly valued when compared with listed peers.
24 Apr, 2019, 08.07 AM IST
Midcap pharma stocks could be a worthwhile betHDFC Securities in a note said it met with the management of some emerging formulations players such as Granules India and Laurus Labs.
16 Mar, 2017, 08.24 PM IST
Laurus Labs hopes better profits in Q4 with lower interest outgo after debt retirementThe company repaid long term loans of Rs 226.3 crore from the proceeds of Rs 1,332 crore raised through an initial public offering (IPO) in...
10 Feb, 2017, 10.45 PM IST
Laurus Labs debuts at Rs 490 on BSE, 14.5% premium to issue priceThe drugmaker sold its Rs 1,332 crore initial public offering (IPO) between December 6 and December 8, which was subscribed 4.52 times.
19 Dec, 2016, 04.38 PM IST
Laurus Labs shares to list on bourses on December 19Kotak Mahindra Capital Company, Citigroup Global Markets India, Jefferies India and SBI Capital Markets were the book running lead managers...
18 Dec, 2016, 11.47 AM IST
Laurus Labs IPO gets subscribed 4.5 times on day 3The quota limit for qualified institutional buyers (QIB) category was subscribed 10.54 times, the retail individual investor (RII) category...
08 Dec, 2016, 07.14 PM IST
Laurus Labs IPO subscribed 61% on Day 2, QIB portion oversubscribedThe company intends to utilise the proceeds from the sale of fresh shares in the IPO to pre-pay term loans and for other general corporate ...
07 Dec, 2016, 06.43 PM IST
Laurus Labs IPO subscribed 28 per cent on Day 1; 10 things you must knowThe issue received bids for 62,09,420 shares as against 2,19,11,308 on offer, data available with the stock exchanges till 5 pm showed.
06 Dec, 2016, 07.56 PM IST
Post IPO our debt would be around 750 crore: Ravi Kumar VV, Executive Director & CFO, Laurus LabsAs on 30th September, we have at debt of about 1100 crore and then we already repaid about 140 crore, so current debt is about 960 and out ...
06 Dec, 2016, 12.00 PM IST
IPO watch: Laurus issue opens today, good business model may make it a hitThe company is raising Rs 1,330 crore in the primary market. Proceeds of Rs 225 crore from the issue will be used to reduce debt on the com...
06 Dec, 2016, 08.07 AM IST
Rs 1,332 cr Laurus Labs IPO opens tomorrow, should you buy?Brokerage ICICI Securities believe at the upper end of the price band the stock is fairly priced, after considering the growth prospects, p...
05 Dec, 2016, 03.00 PM IST
Laurus Labs' Rs 1,332-crore IPO to hit market on TuesdayThe Hyderabad-based company plans to utilise the net proceeds from the fresh issue towards pre-payment of term loans and general corporate ...
04 Dec, 2016, 11.55 AM IST
Laurus Labs fixes IPO price band at Rs 426-428 a piece; issue opens on Dec 6The issue consists of an offer for sale (OFS) of 24,107,440 equity shares by existing shareholders Aptuit, Bluewater, FIL Capital Managemen...
29 Nov, 2016, 02.34 PM IST
Laurus Labs plans Rs 750-1,000 crore IP0; Hires Citi, Kotak, JefferiesThe company is expected to dilute up to 25% stake in the share sale, which will value the company at about Rs 4,000 crore, they said.
26 May, 2016, 05.02 AM IST