Business Standard

Syngene International Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

550.00 cr

Price Range (₹)

250

Lot Size

60

Min Investment (₹)

15,000.00

Listing Exchange

MumbaiNSE

Open Date

27-Jul-2015

Close Date

29-Jul-2015

Listing Date

11-Aug-2015

Syngene International Ltd News

    The Shares of Syngene International Ltd have now been listed.

    Syngene International Ltd IPO Details

    Initial public offer of up to 22,000,000 equity shares of face value of Rs. 10 each (equity shares) of Syngene International Limited (company or issuer) for cash at a price of Rs. 250 per equity share (including a share premium of Rs. 240 per equity share) (offer price) through an offer for sale by Biocon Limited (the selling shareholder) (offer / offer for sale) aggregating to Rs. 550 crores including a reservation of 2,000,000 equity shares for subscription by Biocon shareholders for cash at a price of Rs. 250 per equity share aggregating up to Rs. 50 crores (the Biocon shareholders reservation portion). The offer will constitute 11.0% of the post-offer paid-up equity share capital and the net offer shall constitute 10.0% of the post-offer paid-up equity share capital. Offer Price : Rs. 250 per Equity share of face value of Rs. 10/- each. The offer price is 25 times of the face value.Anchor investor offer price : Rs. 250 per equity share.

    Objective of issue

    Listing fees on Stock Exchanges.

    Syngene International Ltd Contact Details

    Syngene International Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investor@syngeneintl.com; Mayank.Verma@syngeneintl

    Website - www.syngeneintl.com