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Natco Pharma raises Rs 340.88 crore through QIP issue

16 Sep 2015 Evaluate

Natco Pharma has raised Rs 340.88 crore by issuing shares to qualified institutional buyers. The company has issued 16 lakh shares at a price of Rs 2,130.55 each.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.

 

Peers
Company Name CMP
Sun Pharma. Inds. 1842.00
Dr. Reddys Labs. 1161.00
Cipla 1365.00
Lupin 2096.00
Zydus Lifesciences 1119.50
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