Ammana Bio Pharma Limited to tap capital markets with IPO

The Initial Public Offering of Ammana Bio Pharma Limited will open for subscription on Wednesday - March 28, 2007. The company is coming out with an IPO of 15,185,855 Equity shares of face value Rs.10 each at a price band of Rs.12 to Rs.14 aggregating Rs.2166.02 Lacs, including promoters contribution aggregating Rs.150.02 Lacs.

The Net issue to the public would aggregate to Rs.2016 Lacs. The issue is through 100% Book Building Process.

Out of the issue, 7,592,928 equity shares are reserved for Qualified Institutional Buyers (QIBs), 2,277,878 shares are reserved for Non Institutional Investors and 5,315,049 shares for Retail Individual Investors (RIIs).

The Equity Shares issued through this IPO are proposed to be listed on the Bombay Stock Exchange Limited ("BSE") (also the Designated Stock Exchange) and the National Stock Exchange of India Limited ("NSE").

The Book Running Lead Managers to the issue is CENTRUM Capital Ltd.

Bigshare Services Pvt Ltd is the Registrar to the issue.

The company's website is Ammana Bio Pharma Limited

Click on this link to access the Prospectus of Ammana Bio Pharma Limited

Source : Equity Bulls

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