Latest Updates Around The World
Sudeep Pharma’s Rs 895 crore IPO has entered its second day of bidding. On Day 1, the issue was already oversubscribed, receiving subscriptions of 1.42 times the number of shares on offer, with bids for shares of 1.50 crore against the available 1.05 crore. On the gray market, the IPO is trading at a premium […]
Sudeep Pharma’s Rs 895-crore IPO opens for subscription today after a strong anchor reaction and rising premiums in the gray market, paving the way for one of the most-watched specialty ingredient lists of the year. The company on Wednesday raised Rs 268 crore from top anchor investors, allotting 45.27 lakh shares at a price of […]
Sudeep Pharma, a technology-focused maker of excipients and specialty ingredients used in pharmaceuticals, food and nutrition, has raised Rs 268 crore from a heavyweight roster of anchor investors, setting the tone for its Rs 895 crore IPO set to open on November 21.The company allotted 45.27 lakh shares of Rs 593 each to anchors, drawing […]
The momentum in India’s primary market is likely to continue in the coming months, with Sebi solving a new set of public issues in sectors ranging from jewelery and chemicals to renewable energy and logistics. The approvals issued in recent weeks include seven companies: PNGS Reva Diamond Jewelery, Sudeep Pharma, Rayzon Solar, Shadowfax Technologies, Safex […]
