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Laurus Labs Ltd

Laurus Labs Ltd

    Registered Office : Plot No 21 Jawaharlal Nehru,Pharma City Parawada,Visakhapatnam Andhra Pradesh 531021 Phone : 91-891-3061222
    Fax : 91-891-3061270

    Email : secretarial@lauruslabs.com; info@lauruslabs.com

    Website : www.lauruslabs.com

Initian public offering of 31,116,785 equity shares of face value of Rs. 10 each ("equity shares") of Laurus Labs Limited ("company" or "issuer") for cash at a price of Rs. 428 per equity share (including share premium of Rs. 418 per equity share) (The "offer price") aggregating to Rs. 1330.51 crores ("offer") comprising a fresh issue of 7,009,345 equity shares aggregating to Rs. 299.71 crores ("Fresh Issue") and an offer for sale of 24,107,440 equity share by the selling shareholders, aggregating to Rs. 1030.80 crores ("offer sales"). The offer includes a reservation of 322,164 equity shares, aggregating to Rs. 12.50 crores , for subscribtion by elegible employees not exceeding 5% of the post-offer paid-up equity share capital (the "employee reservation portion") The offer less the employee reservation portion is hereinafter referred as the "net offer". The offer and the net offer shall constitute 29.42% and 29.12%, respevtively of the post-offer paid-up equity share capital of the company. The Anchor investor offer price is Rs. 428 per equity share. Offer price is Rs. 428 per equity share of face value of Rs.10 each The offer price is 42.8 times the face value.

Issue

Opens On

Closes On

06-Dec-2016

08-Dec-2016

Money Payable On

Application

Allotment

428.00

0.00

Minimum Application for shares in Nos : 35.0 Further Multiples of : 35.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

1,330.51

0.00

428.00

Citigroup Global Markets India Pvt Ltd

Jefferies India Pvt Ltd

Kotak Mahindra Capital Company Ltd

SBI Capital Markets Ltd

Projects
  • Pre-payment of term loans
  • General corporate purposes
Promoted By
  • Satyanarayana Chava
  • Naga Rani Chava
  • Raju Srihari Kalidindi
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd