Business Standard

ERIS Lifesciences Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,741.16 cr

Price Range (₹)

603

Lot Size

24

Min Investment (₹)

14,472.00

Listing Exchange

MumbaiNSE

Open Date

16-Jun-2017

Close Date

20-Jun-2017

Listing Date

29-Jun-2017

ERIS Lifesciences Ltd News

    The Shares of ERIS Lifesciences Ltd have now been listed.

    ERIS Lifesciences Ltd IPO Details

    Initial public offering of 28,875,000 equity shares of face value of Re. 1 each (The equity shares) of Eris Lifesciences Limited (The company or The Issuer) for cash at a price of Rs. 603 per equity share (The Offer Price) aggregating to Rs. 1741.16 crores (The offer) through an offer for sale of up to 22,344,000 equity shares aggregating to Rs. 1347.34 crores by Botticelli (The Investor selling shareholder), up to 687,500 equity shares aggregating to Rs. 41.46 crores by Mr. Amit Indubhushan Bakshi, 687,500 equity shares aggregating to Rs. 41.46 crores by Mr. Himanshu Jayantbhai Shah, 1,031,167 equity shares aggregating to Rs. 62.18 crores by Mr. Inderjeet Singh Negi, 1,031,166 equity shares aggregating to Rs. 62.18 crores by Mr. Rajendrakumar Rambhai patel, 1,031,167 equity shares aggregating to Rs. 62.18 crores by Mr. Kaushal kamlesh Shah, (together the promoter selling shareholders 1,375,000 equity shares aggregating to Rs. 82.91 crores by Mr. Bhikhabhai Chimanlal Shah, 687,500 equity shares aggregating to Rs. 41.46 crores by Mr. Hetal Rasiklal shah, (collectively The Offer selling shareholders together with the investors selling shareholders and the promoters selling shareholders, the selling shareholders). The offer includes a reservation of 150,000 equity shares aggregating to Rs. 8.15 crores, for subscription by eligible employees (as defined hereinafter) (The Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the net offer, aggregating up to 28,725,000 equity shares. The offer and the net offer shall constitute 21% and 20.89%, respectively of the post-offer paid-up equity share capital of the company.Offer price: Rs.603 per equity share of face value of Re.1 each.The offer price is 603 times of the face value.

    Objective of issue

    Listing fees on Stock Exchanges.

    ERIS Lifesciences Ltd Contact Details

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

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - complianceofficer@erislifesciences.com

    Website - www.eris.co.in