Financial Daily from THE HINDU group of publications
Wednesday, Feb 15, 2006
Financial Daily from THE HINDU group of publications Wednesday, Feb 15, 2006 |
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Markets
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IPOs Plethico Pharma files IPO draft prospectus Our Bureau
Mumbai , Feb. 14 THE Indore-based Plethico Pharmaceuticals Ltd on Tuesday filed its draft prospectus for its maiden public issue with SEBI. The IPO is to raise Rs 110 crore, the company said in a release here. Plethico will list the equity shares through a 100 per cent book-building offer on the Bombay Stock Exchange and the National Stock Exchange. "From inception we have been a formulation manufacturer, always believing in innovation. We pioneered introduction of doxycycline-based antibiotic formulation. We believe that this IPO will enable others to participate in our success story," said Mr Shashikant Patel, Chairman & Managing Director. Anand Rathi Securities Pvt Ltd is the sole book running lead manager, the release said.
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