Eris Lifesciences IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings
Eris Lifesciences is coming an IPO in June as per the speculations. They are bigger name in Ahmedabad who are manufacturing pharmaceutical products. They have 1000 plus marketing executives who are doing well for the company. They have their own manufacturing facility in Assam. They have strong financial and will surely get superb subscription.

Eris Lifesciences IPO Review:

  • Good for Short Term and Long Term

Eris Lifesciences IPO Dates & Price Band:

  • IPO Open: 16-June-2017
  • IPO Close: 20-June-2017
  • IPO Size: Approx Rs. 1740 Crores
  • Face Value: Rs. 1 Per Equity Share
  • Price Band: Rs. 600 to 603 Per Share
  • Listing on: BSE & NSE

Eris Lifesciences IPO Market Lot:

  • Shares: Apply for 24 Shares (Minimum Lot Size)
  • Amount: Rs. 14,472
  • Employee Discount: Rs. 60 Per share 

Eris Lifesciences IPO Allotment & Listing:

  • Basis of Allotment: 23-June
  • Refunds: 27-June
  • Credit to demat accounts: 28-June
  • Listing: 29-June

Eris Lifesciences Financial:

The things are very much on the positive side. Eris Lifesciences results shows the positive for retail investors. PAT is been four times against 2012 in 2016. The PAT increased from 2012 to 2016 with a good rate. As the profit making company they will find easier to get good subscription numbers.

Particulars
For the year/period ended (in Rs. Crore)
Mar-16Mar-15Mar-14Mar-13Mar-12
Total Assets397.36357.29270.60171.81101.97
Total Revenue597.02545.56508.82393.06273.94
Profit After Tax134.8689.2670.9158.4437.06

Company Promoters:
N/A

Quick Links:
DRHP Draft Prospectus

Eris Lifesciences IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in

Eris Lifesciences IPO Lead Managers:
Axis Capital Limited
Citigroup Global Markets India Private Limited
Credit Suisse Securities (India) Private Limited

Company Address:
Eris Lifesciences Limited
7th Floor, Commerce House IV,
Beside Shell Petrol Pump, 100 Feet Road,
Prahladnagar, Ahmedabad 380 015
Phone: +91 79 3045 1111
Fax: +91 79 3017 9404
Email: [email protected]
Website: http://eris.co.in/

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