Innova Captab gets SEBI nod to raise funds via IPO equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Uniindia: Mumbai, Jan 17 (UNI) Innova Captab, an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing and exports has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).
Pharmaceutical companies Innova Captab Ltd and Blue Jet Healthcare have received SEBI's go-ahead to raise funds through initial public offering.
The two firms, which filed their preliminary papers with SEBI between June and September 2022, obtained its observation letters during Jan. 9-11, an update with SEBI showed on Tuesday.
The issue with a face value of Rs 10 per equity share consists of a fresh issue of equity shares worth up to Rs 400 crore and an offer-for-sale (OFS) up to 9,600,000 equity shares by Promoter and selling shareholders, , healthcare, pharmaceutical, ipo markets, Innova Captab, sebi