SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Natco Pharma to raise Rs 153 crore from CX Securities

21 Oct 2013 Evaluate

Natco Pharma will be raising Rs 153 crore from CX Securities, a foreign institutional investor. The board of directors of the company at its meeting held on October 19, 2013 has approved to issue 24 lakh equity shares of Rs 10 each to CX Securities on a preferential basis. The shares will be issued at a price of Rs 638.40 apiece, aggregating to Rs 153 crore, subject to the necessary approvals. The proceeds of the issue will be used for general corporate purposes.

Besides, the company also plans to increase the limit of NRIs/PIOs (non-resident Indians/persons of Indian origin) and FIIs to 24-49 percent of the paid-up capital of the company. An extraordinary general meeting of the company will be held on November 14 to consider the proposals.

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.

Natco Pharma Share Price

1092.45 21.45 (2.00%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1619.95
Dr. Reddys Lab 1315.85
Cipla 1294.75
Zydus Lifesciences 927.15
Lupin 2296.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×