Business Standard

Dr Lal Pathlabs Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

631.91 cr

Price Range (₹)

550

Lot Size

20

Min Investment (₹)

11,000.00

Listing Exchange

MumbaiNSE

Open Date

08-Dec-2015

Close Date

10-Dec-2015

Listing Date

23-Dec-2015

Dr Lal Pathlabs Ltd News

    The Shares of Dr Lal Pathlabs Ltd have now been listed.

    Dr Lal Pathlabs Ltd IPO Details

    Initial public offering of up to 11,600,000 equity shares of face value of Rs. 10 each (Equity shares) of Dr. Lal Pathlabs Limited (The Company or The Issuer) for cash at a price of Rs. 550 per equity share including a share premium of Rs. 540 per equity share (The Offer Price), aggregating Rs. 631.91 crores (The Offer) through an offer for sale of 1,261,996 equity shares aggregating Rs. 68.75 crores by (Hony.) Brig. Dr. Arvind Lal, 2,056,747 equity shares aggregating Rs. 112.04 crores by Dr. Vandana Lal, 238,226 equity shares aggregating Rs. 12.98 crores by Eskay House (HUF), 550,386 equity shares aggregating Rs. 29.98 crores by Mr. Anjaneya Lal (collectively, the promoter selling shareholders and such equity shares being the promoter offered shares), 5,860,000 equity shares aggregating Rs. 319.22 crores by Wagner Limited, 1,471,575 equity shares aggregating Rs. 80.16 crores by Westbridge Crossover Fund, LLC, 161,070 equity shares aggregating Rs. 8.77 crores by Sanjeevini Investment Holdings (collectively, the investor selling shareholders and such equity shares being the investor offered shares, and with the promoter selling shareholders, the selling shareholders) (The offer for sale). The offer shall constitute 14.04% of the post-offer paid-up equity share capital of the company.The face value of the equity share is Rs. 10 each and the offer price is 55 times of the face value of the equity shares.The Face value of the equity share is Rs. 10 each.

    Objective of issue

    Dr Lal Pathlabs Ltd Contact Details

    Dr Lal Pathlabs Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - cs@lalpathlabs.com

    Website - www.lalpathlabs.com