IPO Details

Laurus Labs Ltd
Registered Office: Plot No 21 Jawaharlal Nehru, Pharma City Parawada, Visakhapatnam - 531021, Andhra Pradesh
Phone: 91-891-3061222
Email: secretarial@lauruslabs.com; info@lauruslabs.com
Website: www.lauruslabs.com
Initian public offering of 31,116,785 equity shares of face value of Rs. 10 each ("equity shares") of Laurus Labs Limited ("company" or "issuer") for cash at a price of Rs. 428 per equity share (including share premium of Rs. 418 per equity share) (The "offer price") aggregating to Rs. 1330.51 crores ("offer") comprising a fresh issue of 7,009,345 equity shares aggregating to Rs. 299.71 crores ("Fresh Issue") and an offer for sale of 24,107,440 equity share by the selling shareholders, aggregating to Rs. 1030.80 crores ("offer sales"). The offer includes a reservation of 322,164 equity shares, aggregating to Rs. 12.50 crores , for subscribtion by elegible employees not exceeding 5% of the post-offer paid-up equity share capital (the "employee reservation portion") The offer less the employee reservation portion is hereinafter referred as the "net offer". The offer and the net offer shall constitute 29.42% and 29.12%, respevtively of the post-offer paid-up equity share capital of the company. The Anchor investor offer price is Rs. 428 per equity share. Offer price is Rs. 428 per equity share of face value of Rs.10 each The offer price is 42.8 times the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
06-Dec-2016	08-Dec-2016	₹ 428.00	₹ 0.00

Projects
Pre-payment of term loans
General corporate purposes

Promoted By
Satyanarayana Chava
Naga Rani Chava
Raju Srihari Kalidindi

Listing At
BSE
NSE

Registrar to the Issue