Windlas Biotech IPO share allotment likely to be finalised on August 11
August 11, 2021
हिंदी में पढ़ें
After the IPO last week, Windlas Biotech is all set to finalize the allotment of its shares to all the applicant investors on 11th August. The company is one of the top brands in terms of revenue in the domestic pharma formulations contact development.
The IPO of the pharma giant was subscribed 22.47 per cent and received a positive response from investors. The company was able to channel Rs 401.53 crores through the issue.
The company plans to utilize the raised capital for expansion of capacity at its Dehradun plant and for fulfilling its working capital requirements. As per the company’s Draft Red Herring Prospectus, the company is set to finalize the allotment of shares today on 11th August.
Disclaimer : All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Neither CapitalVia nor its employees have a holding or any sort of interest in any stock which is recommended. Recommendations shared, if any, are only shared for information purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur.
Tags:
Share:
Author
CapitalVia
Pioneer in Investment Advisor
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Recent Post
Trading Plan
Risk Management in Stock Market
The Power of Compounding
Importance of knowing Risk Appetite
Diversification of Portfolio
