SPC Life Sciences Ltd - IPO

SPC Life Sciences Ltd IPO Details

Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of SPC Life Sciences Limited (Company or Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores (Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 300.00 crores by the company (the Fresh Issue) and an offer for sale of up to 8,938,870 equity shares by Snehal Ravjibhai Patel (the Promoter Selling Shareholder) aggregating up to Rs. [*] crores (Offer for Sale and such equity shares, the Offered Shares). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.The face value of the equity shares is Rs. 10 each. The price band, and the minimum bid lot will be decided by the company.

Objective of issue

Re-payment/prepayment of certain outstanding borrowings availed by the company. Funding of capital expenditure requirements of the company towards setting up phase-2 at Dahej facility to expand its product offerings of pharmaceuticals intermediates. Funding its working capital requirements. General corporate purposes.

SPC Life Sciences Ltd Contact Details

SPC Life Sciences Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@spcls.co.in

Website - www.spcls.co.in