Aanjaneya Lifecare IPO : Listing on 27th May 2011

by khalid on 25/05/2011 · 0 comments

Aanjaneya Lifecare Limited has informed the share market (BSE/NSE) that the shares of its recent IPO will list on 27th May 2011. The IPO was open between 9th May 2011 to 12th May 2011. The price band was Rs 228 to Rs 240 and the Issue Price was fixed at the middle of the price band, Rs 234 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs 117.00 Crore. Aanjaneya Lifecare Limited is a pharmaceutical company engaged in manufacturing & marketing of Bulk Drugs, Finished Dosage Forms, Herbal Medicines, Inhalers, Lozenges and Animal Health.

IPO Listing Detail :-
Listing Date: 27th May 2011
BSE Scrip Code : 533412
NSE Symbol : AANJANEYA
Listing In : ‘B’ Group of Securities
ISIN : INE928K01013
Issue Price : Rs. 234.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The proceeds of the IPO are proposed to be utilized for setting up different plants, to expand existing R&D, to meet the expenses for branding and registration of products in the international markets, among others with expansion plans of about Rs 100 crore.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Book running lead managers (BRLM) to the issue are Anand Rathi Securities Limited and IDBI Capital Market Services Limited.

Registrar of the Issue : Link Intime (India) Private Limited

Stay tuned to BelltheBull Blog for more on Aanjaneya Lifecare IPO !

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