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Strides Shasun launches share sale to raise funds up to Rs 1,500 crore

18 Dec 2015 Evaluate

Strides Shasun has launched a share sale to raise funds up to Rs 1,500 crore ($225.7 million). The company is selling shares at Rs 1,278 apiece in the transaction, which comprises a base deal for Rs 1,000 crore with an upsize option of Rs 5 crore. Axis and Jefferies are the bookrunners for the deal.

Strides Shasun is a vertically integrated global pharmaceutical Company headquartered in Bangalore. The company has four business verticals, viz., Regulated Markets, Emerging Markets, Institutional Business and Pharmaceutical Services & Active Ingredients.

 

Peers
Company Name CMP
Sun Pharma. Inds. 1860.00
Dr. Reddys Labs. 1371.20
Cipla 1409.00
Lupin 1990.00
Zydus Lifesciences 1195.00
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