Open Date

21 Dec 23

26 Dec 23


₹570 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹423 to ₹448

Close Date

Allotment Date

27 Dec 23

29 Dec 23

IPO Details

Established in 2005, Innova Captab Limited operates as an integrated pharmaceutical company. It has a comprehensive value chain for pharma products which includes research and development, manufacturing, drug distribution and marketing and exports. The company has three major business categories: ●    Contract development and manufacturing organization (CDMO): Offers manufacturing facility to Indian pharma companies ●    Domestic branded generics business ●    International branded generics business. 

About the Company

To fund working capital requirements.  ●    To invest in its subsidiary UML. ●    To prepay or repay full/partial borrowings obtained by the company and its subsidiary UML. ●    General corporate purpose. 


The book-running lead managers to the offer are: ICICI Securities Limited  JM Financial Limited

Book Runners

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