Business Standard

Nectar Lifescience Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

92.88 cr

Price Range (₹)

240

Lot Size

25

Min Investment (₹)

6,000.00

Listing Exchange

MumbaiNSE

Open Date

22-Jun-2005

Close Date

28-Jun-2005

Listing Date

18-Jul-2005

Latest IPO News

    The Shares of Nectar Lifescience Ltd have now been listed.

    Nectar Lifescience Ltd IPO Details

    Public Issue of upto 3870000 equity shares of Rs 10 each for cash at a price of Rs 240 per equity share aggregating Rs 92.88 crore by Nectar Lifesciences Ltd (the company or issuer). The issue would constitute 26% of the fully diluted post issue paid-up capital of the company.

    Objective of issue

    Setting up Formulation Plant at Baddi. Setting up Sterile Cephalosporin facility. Setting up R&D facility & Corporate Quality Contro.

    Nectar Lifescience Ltd Contact Details

    Nectar Lifescience Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - cs@neclife.com

    Website - www.neclife.com