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Open
24 Nov to 2 Dec, 2010
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Close
24 Nov to 2 Dec, 2010
3
Allotment
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Listing
Mon, Dec 20, 2010
Price Band
₹228 to ₹235
Issue Size
1,26,32,477 shares (agg. up to ₹300 Cr)
Lot Size
22 Shares
Listing Date
Mon, Dec 20, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.29x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Parabolic Drugs Ltd. | Mainboard | ₹200.00 Cr | ₹75 | null | ₹64.85 | -13.53% | ₹5.70 (-4.84%) |
| Syncom Healthcare Ltd. | Mainboard | ₹56.25 Cr | ₹75 | null | ₹87.75 | +17.00% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a new plant comprising a small volume parenterals line, a PVC bag line, a non-PVC bag line and a fat emulsion line. | 131.59 |
| 2 | Setting up of a new manufacturing line for propofol and other fat emulsion products at the existing plant, Clarion IV. | 26.47 |
| 3 | Construction of a facility for research and development at the Clarion manufacturing facilities. | 38.41 |
| 4 | Prepayment of an identified term loan. | 45.91 |
| 5 | General corporate purposes. | 31.89 |
About Claris Lifesciences IPO
Incorporated in 1994, Claris Lifesciences Limited (CLL) is an Ahmedabad based pharmaceutical company. Claris is the largest Indian sterile injectables pharmaceutical companies with a presence in 76 countries worldwide. Claris offers 113 products across multiple markets and therapeutic areas. All of these products are off-patent products.Claris's product range across various therapeutic segments, including anaesthesia, critical care, anti-infectives, renal care, infusion therapy, enteral nutrition, parenteral nutrition and oncology.Companies more than half of the sales come from international markets and have a strong presence in regions of Latin America, the Middle East, Africa and Central, South East and Far East Asia.Claris's manufacturing facilities are located in Ahmedabad, India and approved by foreign regulatory authorities. The manufacturing facilities are ISO 9001-2000 and WHO GMP certified.+ Read More
Contact Details
Claris Lifesciences Ltd. AddressClaris Corporate HeadquartersNear Parimal Railway CrossingEllisbridgeAhmedabad, Gujarat, 380006+91 79 26563331ipo.corp@clarislifesciences.comVisit Website