Laurus Labs IPO Subscription: Detail of Subscription from Dec 06 to Dec 08. Let’s see how this IPO get subscription in choppy market.
Laurus Labs IPO Market Lot:
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.
Laurus Labs IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | Emp | Total |
| Day 1 | 0.71 | 0.17 | 0.17 | 0.19 | 0.32 |
| Day 2 | 1.02 | 0.54 | 0.40 | 0.98 | 0.61 |
| Day 3 | 10.54 | 3.57 | 1.58 | 1.71 | 4.53 |
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
