IPO Issue Details
Issue Price / Price Band₹235 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size22 Shares per Lot
Total Issue Size1,26,32,477 shares (aggregating up to ₹300.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 24 Nov 2010
Subscription CloseThu, 02 Dec 2010
Anchor AllotmentTue, 23 Nov 2010
Basis of AllotmentWed, 08 Dec 2010
Initiation of RefundsThu, 09 Dec 2010
Credit of Shares to DematThu, 09 Dec 2010
Listing DateMon, 20 Dec 2010
UPI Mandate Deadline2010-12-02
Application & Investment Details
Retail — Min (1 Lots)₹5,016 — 22 shares
Retail — Max (13 Lots)₹67,210 (13 Lots)
HNI — Min (40 Lots)₹2,00,640 — 880 shares
Pre-IPO Promoter Holding5,11,85,288 shares
Post-IPO Promoter Holding6,38,17,765 shares
About Claris Lifesciences Ltd.
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.
Objects of the Issue
Claris Lifesciences Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
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
2 Setting up of a new manufacturing line for propofol and other fat emulsion products at the existing plant, Clarion IV.
26.47
3
3 Construction of a facility for research and development at the Clarion manufacturing facilities.
38.41
4
4 Prepayment of an identified term loan.
45.91
5
5 General corporate purposes.
31.89
Shareholding & Lock-in
Pre-IPO Promoter Holding
5,11,85,288 shares
Post-IPO Promoter Holding
6,38,17,765 shares