Claris IPO Latest News Today

IPO Listing Detail

Listing Date: Monday, December 20, 2010
BSE Scrip Code: 533288
Listing In: 'B' Group of Securities
ISIN: INE562G01018
Issue Price: Rs. 228.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Claris Lifesciences Ltd IPO allotment status is now available online.

Claris Lifesciences IPO was open on Nov 24, 2010 and closed on Dec 02, 2010. IPO of Claris was oversubscribed by 1.50 times (1.60 times in retail).

Claris Lifesciences Ltd (CLL) IPO finally subscribed 1.50 times on its closing day. Claris IPO was open on Nov 24, 2010 and closed today on Dec 02, 2010 for subscription.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 1.31 Times

Non Institutional Investors: 2.03 Times

Retail Individual Investors (RIIs): 1.60 Times

Total: 1.50 Times

Alert:

Book Running Lead Manager to the issue has informed the Exchange that the CLARIS LIFESCIENCES LIMITED issue will close on 2 Dec, 2010 instead of the earlier closing day on 26 Nov, 2010.Post issue modification date has been revised to 3 Dec, 2010 instead of the earlier closing day on 27 Nov, 2010. Further price band has revised from 278/- to Rs. 293/- TO Rs. 228/- to Rs. 235/- per share

Claris Lifesciences Limited (CLL) is entering in the capital markets with an initial public offering, IPO of Rs. 300.00 Crore. The price band for the issue has been fixed at Rs 278/- at lower level and Rs 293/- at upper level.

Incorporated in 1994, Claris Lifesciences Limited (CLL) is an Ahmedabad based pharmaceutical company. Claris is the largest Indian sterile injectables pharmaceutical companies with a presence in 76 countries worldwide. Claris offers 113 products across multiple markets and therapeutic areas. All of these products are off-patent products.

The issue opens on Nov 24, 2010, and closes for subscription on Nov 26, 2010. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).