Laurus Labs IPO is coming up in December. Dates for Laurus Labs IPO is from 6 to 8 December. As per the current market Laurus Labs might give good come back to primary market as pharma stocks are up in last few days.
Laurus Labs Review:
Apply for Listing Gain and Long Term Gain as Well
Laurus Labs IPO Dates & Price Band:
IPO Open: 6 December 2016
IPO Close: 8 December 2016
IPO Size: Approx 300 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 426 to 428
Listing on: BSE & NSE
IPO Close: 8 December 2016
IPO Size: Approx 300 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 426 to 428
Listing on: BSE & NSE
Laurus Labs IPO Market Lot:
- Shares: Apply for 35 Shares (Minimum Lot Size)
- Amount: Rs. 14980
Laurus Labs IPO Allotment & Listing:
- Basis of Allotment: – 14 December
- Refunds: – 15 December
- Credit to demat accounts: – 16 December
- Listing: – 19 December
Laurus Labs Financial:
Laurus Labs come up for initial public offer around 300 crores which is good but market may remain choppy for next quarter. As per the results their PAT is growing YOY. It is increased to 1435 millions in 2016 compare to 215 million in 2012. It increased 7 times since 2012 while 2 times compare to 2015. The growth is good and company looks firm on financial. Investors will surely eye on this and will subscribe for the same. It might have good subscription on the cards.
| For the year/period ended (Rs. in Million) | |||||
|---|---|---|---|---|---|
| Mar-16 | Mar-15 | Mar-14 | Mar-13 | Mar-12 | |
| Total Assets | 23,083.48 | 18,925.49 | 12,730.58 | 7,009.89 | 5,128.78 |
| Total Revenue | 17,884.15 | 13,603.80 | 11,685.34 | 7,235.67 | 4,523.07 |
| Profit After Tax | 1,435.68 | 735.17 | 972.17 | 882.19 | 215.77 |
Company Promoters:
- Dr. Satyanarayana Chava
- Naga Rani Chava
- Dr. Raju Srihari Kalidindi
- Ravi Kumar V V
- Dr. Lakshmana Rao C
Quick Links:
DRHP Draft Prospectus
Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Karvy Computershare Private Limited
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
E-mail: [email protected]
Investor grievance email: [email protected]
Website: www.karisma.karvy.com
Contact Person: M Muralikrishna
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
E-mail: [email protected]
Investor grievance email: [email protected]
Website: www.karisma.karvy.com
Contact Person: M Muralikrishna
IPO Lead Managers:
- Kotak Mahindra Capital Co. Ltd
- Citigroup Global Markets India Private Limited
- efferies India Private Limited
- SBI Capital Markets Limited
Company Address:
Plot No.21, Jawaharlal Nehru Pharma City, Parawada, Visakhapatnam 531 021, Andhra Pradesh
Tel: +91 40 3980 4333
Fax: +91 40 3980 4320
E-mail:[email protected]
Website: www.lauruslabs.com
