Claris Lifesciences Ltd - IPO

Claris Lifesciences Ltd IPO Details

Public issue of 12,632,477 equity share of face value of Rs. 10 each (The Equity Shares) of Claris Lifesciences Limited (The Company or The Issuer) for cash at a price of Rs. 228 per equity share (including a Share Premium of Rs. 218) to all investors other than Anchor Investors and at a Price of Rs. 293 (including a Share Premium of Rs. 283) per equity share to Anchor Investors amounting to Rs 246.00 crore in relation to all investors other than anchor investors and amounting to Rs. 54.00 crore in relation to Anchor investors aggregating upto Rs. 300.00 crore (The Issue). The issue will constitute 19.79% of the Post-issue Paid-Up Share Capital of the Company.Issue price: Rs. 228 per equity share of face value Rs. 10 eachThe issue price is 22.8 times of the face value

Objective of issue

Setting up of a new plant compri. a PVC bag line. Setting up of a new manu. line for propofol. Construction of a facility for R & D. Prepayment of an identified term loan. General corporate purposes.

Claris Lifesciences Ltd Contact Details

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

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investorservices.corp@clarislifesciences.com

Website - www.clarislifesciences.com