ALPA Laboratories Ltd IPO opens for subscription on 12 July, 2007

The Initial Public Offering (IPO) of ALPA Laboratories Ltd to hit markets on 12 July, 2007. The company is coming out with an issue of 9500000 equity shares of Rs.10 each at a price band of Rs.62 to Rs.68 through 100% book building process.

The issue includes employee reservation of 2,50,000 equity shares. The issue less the employee reservation portion shall be 92,50,000 equity shares of Rs.10 each will be the Net Issue to the public. The issue will constitute 44.06% of the post issue paid-up capital of the company.

Allianz Securities Limited is the Book Running Lead Manager to the issue. Bigshare Services Pvt Ltd is the Registrar to the issue.

The equity shares of the company will be listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Click Here to view the website of ALPA Laboratories Ltd

Click Here to view the prospectus of ALPA Laboratories Ltd

Source : Equity Bulls

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