Parabolic Drugs IPO : Issue Price Fixed at lower end

by khalid on 29/06/2010 · 0 comments

Chandigarh-based Parabolic Drugs engaged in the manufacturing, including contract manufacturing, of APIs and API intermediates for the domestic market as well as for exports to international markets. Parabolic Drugs has fixed its Issue Price at the lower level of Issue Price Band pf Rs 75 – Rs. 85 Per Equity Share as the company has received a minimal response from the investors with the final over subscription figure nearing to just about 1.04 times on an overall basis.

Issue Detail:-
Issue Open : 14th Jun 2010 – 17th Jun 2010
Issue Type : 100% Book Built Issue IPO
Issue Size : 26,666,667 Equity Shares of Rs 10 each
Issue Size : Rs. 200 Crores
Face Value : Rs 10 Per Equity Share
Issue Price : Rs. 75 – Rs. 85 Per Equity Share
Market Lot : 80 shares
Minimum Order Quantity : 80 shares
Listing At : BSE, NSE

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