Onyx Biotec Ltd - IPO

Onyx Biotec Ltd IPO Details

Initial public offer of upto 48,10,000 equity shares of face value of Rs. 10/- each (Equity Shares) of the company at an issue price of Rs. 61 per equity share (including a share premium of Rs. 51 per equity share) for cash, aggregating up to Rs. 29.34 crores (Public Issue) out of which 2,44,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 61 per equity share for cash, aggregating Rs. 1.49 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 45,66,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 61 per equity share for cash, aggregating up to Rs. 27.85 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 26.53 % and 25.18 % respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Upgradation of existing mfg unit 1 to mfg large volume parentals for intravenous use. Setting up a high-speed cartooning packaging line at existing mfg unit 2 for Dry Powder Injections. Prepayment or repayment of all or a portion of certain loans availed by the company. General corporate purposes.

Onyx Biotec Ltd Contact Details

Onyx Biotec Ltd, T-34 2nd Floor, Okhla Industrial Are, Phase II, New Delhi - 110020

Phone - 91-011-26387281/83

Fax -

Email - generalinfo@onyxbiotec.com

Website - www.onyxbiotec.com