Laurus Labs IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1331.80 Cr. The company is based in Visakhapatnam and caters to Pharmaceutical sector. Citigroup Global Markets India , Jefferies India , Kotak Mahindra Capital Company , SBI Capital Markets are the merchant bankers of Laurus Labs IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th August 2016.
Laurus Labs IPO open date is 6th December 2016 and close date is 8th December 2016. IPO Allotment Date is 14th December 2016 and Listing date is 19th December 2016.Laurus Labs IPO size is ₹ 1331.80 Cr. with IPO price of ₹ 428.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Citigroup Global Markets India Private Limited is the book-running lead manager of the Laurus Labs IPO. Kfin Technologies Limited is the Registrar for Laurus Labs IPO.
Laurus Labs IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Laurus Labs IPO, based in Visakhapatnam, operates in the Pharmaceutical sector with a focus on pharmaceutical. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Laurus Labs IPO size is ₹ 1331.80 Cr. with fresh issue size of ₹ 300 and Offer for sale being ₹ 1031.80 Cr.
The IPO allotment date for Laurus Labs IPO is expected to be 14th December 2016, after the finalization of basis of allotment. Investors can check Laurus Labs IPO allotment status on the registrars website, Kfin Technologies Limited . Laurus Labs IPO refund dates are 15th December 2016.
Laurus Labs IPO is expected to be listed on 19th December 2016.
The upper price band for the Laurus Labs IPO is set at ₹ 428.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Laurus Labs IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Laurus Labs IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th December 2016. After submission, funds are blocked until the basis of allotment of Laurus Labs IPO is finalised.
The merchant banker for Laurus Labs IPO is Citigroup Global Markets India Private Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited . Citigroup Global Markets India Private Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Laurus Labs IPO RHP for further details.
The registrar for Laurus Labs IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Laurus Labs IPO through their official website or helpline.
Laurus Labs IPO was subscribed 4.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Laurus Labs IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Laurus Labs Financial Review Page
Merchant Banker(s) of Laurus Labs IPO: Citigroup Global Markets India Private Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited
Laurus Labs IPO subscription was 4.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Laurus Labs IPO listed at a listing price of 480.50 against the offer price of 428.00.
The current market price of Laurus Labs is 827.00.
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