Plethico Pharmaceuticals Ltd - IPO

Plethico Pharmaceuticals Ltd IPO Details

Public issue of 3,666,667 equity shares of Rs. 10 each for cash at a price of Rs. 300 per equity share (including a share premium of Rs. 290 per equity share) aggregating Rs. 110.00 crores, (The Issue), by Plethico Pharmaceuticals Limited (Plethico, the Company or The Issuer). The Issue constitutes 10.76% of the fully diluted post-issue paid up capital of the company.Issue price Rs.300 per equity share of face value Rs. 10Issue price is 30 times of the face value.

Objective of issue

Upgradation - Kalaria plant for UK MHRA compliance. Setting up of a plant in Jammu & Kashmir(J&K). Setting-up of R&D and Formulations & Devel. centre. Acquiring a stake in a OTC/domestic herbal/a Brand. Setting up a corporate office in Mumbai. To meet the working capital req. of business.

Plethico Pharmaceuticals Ltd Contact Details

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

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - pledge@plethico.com

Website - www.plethico.com