Tuesday, December 8, 2015

Dr. Lal PathLabs IPO subscribed 0.65 times on day 1

Dr. Lal PathLabs Ltd IPO subscribed 0.65 times on day 1. QIB quota subscribed 1.22 and retail 0.43 times. Issue will close on Dec 10, 2015.
Dr. Lal PathLabs IPO subscription detail on Day 1:
Qualified Institutional Buyers (QIBs): 1.22 times
Non Institutional Investors: 0.39 times
Retail Individual Investors(RIIs): 0.43 times
Total: 0.65 Times

Alkem Laboratories IPO subscribed 0.35 times on day 1

Alkem Laboratories Ltd IPO subscribed 0.35 times on day 1. QIB quota subscribed 0.41 and retail 0.44 times. Issue will close on Dec 10, 2015.

Alkem Laboratories IPO subscription detail on Day 1:


Qualified Institutional Buyers (QIBs): 0.41 times
Non Institutional Investors: 0.09 times
Retail Individual Investors(RIIs): 0.44 times
Employees: 0.14 times
Total: 0.35 Times

Tuesday, December 1, 2015

Alkem Labs IPO opens on Dec 8

Alkem Laboratories Limited is entering in the capital markets with an initial public offering, IPO of 12,853,442 Equity Shares of Rs 2 each aggregating upto Rs 1,349.61 Cr. The price band for the issue has been fixed at Rs 1020 at lower level and Rs 1050 at upper level.

Incorporated in 1973, Alkem Labs is leading India based pharmaceutical company engaged in the development, manufacture and sale of pharmaceutical and neutraceutical products.

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).