Monday, November 30, 2015

Dr. Lal PathLabs IPO Opens on Dec 8, 2015

Dr. Lal PathLabs Limited is entering in the capital markets with an initial public offering, IPO of 11,600,000 Equity Shares of Rs 10 each aggregating upto Rs 638 Cr. The price band for the issue has been fixed at Rs 540 at lower level and Rs 550 at upper level.

Dr. Lal PathLabs Limited is a Delhi based provider of diagnostic and related healthcare tests and services in India. Through its nationwide network, company offer patients and healthcare providers a broad range of diagnostic and related healthcare tests and services for use in core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions.

The issue opens on Dec 8, 2015 and closes for subscription on Dec 10, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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