Business Standard

Indoco Remedies Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

73.50 cr

Price Range (₹)

245

Lot Size

25

Min Investment (₹)

6,125.00

Listing Exchange

MumbaiNSE

Open Date

17-Dec-2004

Close Date

23-Dec-2004

Listing Date

14-Jan-2005

Indoco Remedies Ltd News

    The Shares of Indoco Remedies Ltd have now been listed.

    Indoco Remedies Ltd IPO Details

    Initial Public Issue of 3000000 equity shares of Rs 10 each at a price of Rs 245 for cash aggregating Rs 73.50 crore (Referred to as the issue). The issue would constitute 25.38% of the fully diluted post issue paid-up capital of the company.

    Objective of issue

    Setting up of plant to manufacture APIs. Setting up of R&D Centre for APIs. Investment in subsidiary company.

    Indoco Remedies Ltd Contact Details

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

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - compliance.officer@indoco.com

    Website - www.indoco.com