Dishman IPO price band finalised
By Our Corporate Bureau | 25 Mar 2004
1
Dishman Pharmaceuticals and Chemicals Limited has received SEBI acknowledgement for its proposed IPO of 3,433,400 equity shares of Rs.10 each. The issue would be through 100 per cent book building route and would constitute 25.01 per cent of the fully diluted post issue paid-up capital.
A price band of Rs.155 to Rs.175 per equity share of Rs.10 has been set for the IPO, which is slated to open in end March 2004.
Dishman operates in the synthetic chemistry segment of the industry and manufactures quats and specialty chemicals, a range of bulk actives and intermediates and also undertakes contract manufacturing and contract research.
Dishman has two GMP manufacturing plants located at Naroda within Ahmedabad and Bavla, near Ahmedabad.
.jpg "RBI keeps repo rate unchanged as focus remains on inflation")
.jpg "Indian Oil, Panasonic team up for lithium-ion cell production in India")
