Business Standard

Alkem Laboratories Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,347.76 cr

Price Range (₹)

1050

Lot Size

14

Min Investment (₹)

14,700.00

Listing Exchange

MumbaiNSE

Open Date

08-Dec-2015

Close Date

10-Dec-2015

Listing Date

23-Dec-2015

Alkem Laboratories Ltd News

    The Shares of Alkem Laboratories Ltd have now been listed.

    Alkem Laboratories Ltd IPO Details

    Initial public offering of 12,853,442 equity shares of face value Rs. 2 each (equity shares) of the company for cash at a price of Rs. 1050~ per equity share through an offer for sale, by the selling shareholders aggregating Rs. 1347.76^^ crores (offer). The offer includes a reservation of up to 298,913 equity shares, aggregating up to Rs. 28.40 crores, for subscription by eligible employees on a competitive basis (employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer will constitute up to 10.75% and 10.50%, respectively, of the post-offer paid-up equity share capital of the company.Offer Price : Rs. 1050 per equity share of face value of Rs. 2 each.The offer price is 525 times the face value.~Discount of Rs. 100 per equity share to the offer price has been offered to eligible employees (the Employee Discount). all amounts have been included taking into consideration the employee discount.^^After considering spill-over on account of under-subscription in the employee category.

    Objective of issue

    Alkem Laboratories Ltd Contact Details

    Alkem Laboratories Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@alkem.com ; contact@alkem.com

    Website - www.alkemlabs.com