MDC Pharmaceuticals Ltd - IPO

MDC Pharmaceuticals Ltd IPO Details

Initial public offer consisting of fresh issue of upto 52,86,000* equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. [*] per equity share (The Issue Price) (including a share premium of Rs. [*] per equity share) aggregating up to Rs. [*] crores (The Issue) of which upto [*] quity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. Issue of upto [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share, aggregating Rs. [*] crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute [*]% and [*]% respectively of the fully diluted post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10 each.

Objective of issue

Setting up of a soft gel manufacturing facility. Building up of a corporate office and warehouse. Upgrading Air Handling Unit at existing manufacturing facility Unit I. Repayment/prepayment of certain secured borrowings. Funding the working capital requirements of the company. General corporate purposes.

MDC Pharmaceuticals Ltd Contact Details

MDC Pharmaceuticals Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - mdcpharma.legal@gmail.com

Website - www.mdcpharmaceutical.com