Open Date
21 Dec 23
26 Dec 23
33 shares
₹570 Cr
Lot Size
IPO Size
Listing At
BSE, NSE
Listing Date
Price Range
₹423 to ₹448
Close Date
Allotment Date
27 Dec 23
29 Dec 23
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.
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
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