Photo Caption: Dr. Satyanarayana Chava, Founder & CEO, Laurus Labs Ltd. and Mr. Ravikumar, ED & CFO, Laurus Labs Ltd. hitting the gong at the listing ceremony at BSE.
India
, Dec 20, 2016: Equity shares of Laurus Labs Limited listed today on BSE & NSE. The IPO issue price was Rs. 428.
The equity shares of Laurus Labs Limited ended today’s trading session on a strong note with a gain of 12.27% on issue price on the bourses.
Commenting on the occasion, Dr. Satyanarayana Chava, Founder Promoter & CEO, Laurus Labs Ltd. said, “It is a great beginning for Laurus Labs today. This would have been impossible without the trust shown by our investors. We are very confident that we will deliver the value for all our stakeholders in the times to come”
For your reference please find appended below:
· BSE/NSE share price details on its debut day.
· Subscription Details
· Issue Highlights
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BSE
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OPEN
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490.00
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HIGH
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498.00
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LOW
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475.00
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CLOSE
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480.50
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CHANGE
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12.27%
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NSE
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OPEN
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489.90
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HIGH
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498.00
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LOW
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475.00
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CLOSE
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480.00
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CHANGE
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12.15%
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Subscription Details
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QIB (Excluding Anchors)
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10.56x
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HNI
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3.55x
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Retail
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1.62x
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Anchor Investors
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1.04x
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Eligible Employees
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1.64x
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Total
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3.50x
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*Subscription data as per Basis of Allotment
ISSUE HIGHLIGHTS
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Price Band
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Rs.426 – Rs. 428 (Face Value: Rs. 10)
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Issue Price
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Rs. 428
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Bid Lot
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35 Equity Shares and in multiples of 35 thereof
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Offer Details
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Initial Public offer aggregating upto Rs 3,000 million and an offer of share upto 24,107,440 Equity Shares (including anchor portion of 9,238,385 Equity Shares)
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Offer Period
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Offer Structure
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Listing on
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BSE and NSE
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Merchant Bankers
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Registrar
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Karvy Computershare Private Limited
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