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Natural Capsules’ arm completes maiden fund raise of Rs 18.75 crore

21 Nov 2022 Evaluate

Natural Capsules’ subsidiary -- Natural Biogenex has completed its maiden fund-raise of Rs 18.75 crore. The company has allotted 16.67 lakh shares representing 7.69% of the total outstanding shares post-allotment, valuing the subsidiary at Rs 225 crore pre-money. This is the first external fund-raise that the company has undertaken for company’s steroidal API business. The proceeds from this fund-raise will be deployed in financing the project requirements of the API business and will allow company to scale the business with lesser financial leverage.

Natural Capsules is a well-equipped modern manufacturing plant to manufacture hard gelatin capsule shells, Hard cellulose capsule shells and pharmaceutical dosage forms in capsule dosage form.  

Natural Capsules Share Price

166.70 1.65 (1.00%)
17-Apr-2026 16:59 View Price Chart
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