Kwality Pharmaceuticals is coming out with an initial public offering (IPO) of 13,80,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 45 per equity share. The issue will open on June 30, 2016 and will close on July 08, 2016. The shares will be listed on SME platform of BSE.
The company will use the issue proceeds for modernisation of laboratory, meeting the part of general corporate purpose and meeting the expenses of the offer.
The company is engaged in the business of manufacturing broad range of finished pharmaceutical formulations in a dosage form.The company has the most modern & sophisticated plant, equipments, technique and manpower.
