Laurus Labs Ltd IPO

Closed

Subscription Details

  • Open Date 06 Dec
  • Close Date 08 Dec
  • Lot Size 35
  • IPO Size ₹ 1330.51 Cr
  • IPO Price Range ₹ 428
  • Min Investment ₹ 14980

Laurus Labs Ltd IPO Timeline

Open Date
06 Dec
Close Date
08 Dec
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initian public offering of 31,116,785 equity shares of face value of Rs. 10 each (equity shares) of Laurus Labs Limited (company or issuer) for cash at a price of Rs. 428 per equity share (including share premium of Rs. 418 per equity share) (The offer price) aggregating to Rs. 1330.51 crores (offer) comprising a fresh issue of 7,009,345 equity shares aggregating to Rs. 299.71 crores (Fresh Issue) and an offer for sale of 24,107,440 equity share by the selling shareholders, aggregating to Rs. 1030.80 crores (offer sales). The offer includes a reservation of 322,164 equity shares, aggregating to Rs. 12.50 crores , for subscribtion by elegible employees not exceeding 5% of the post-offer paid-up equity share capital (the employee reservation portion) The offer less the employee reservation portion is hereinafter referred as the net offer. The offer and the net offer shall constitute 29.42% and 29.12%, respevtively of the post-offer paid-up equity share capital of the company. The Anchor investor offer price is Rs. 428 per equity share. Offer price is Rs. 428 per equity share of face value of Rs.10 each The offer price is 42.8 times the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Laurus Labs Ltd IPO

Contact Information

Address

Plot No 21 Jawaharlal Nehru,
Pharma City Parawada,
Visakhapatnam, Andhra Pradesh 531021

Open Demat Account