247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Laurus Labs Limited IPO (Laurus Labs IPO) Details

Laurus Labs Limited is an Pharmaceutical based company, located in Visakhapatnam, Laurus Labs Limited IPO size was 1331.80 Cr. and was issued at 428.00 per share. The share of Laurus Labs Limited were listed at 480.50 per share and are currently trading at 584.25 per share.

Type :
Sub Sector : Pharmaceutical
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1883.58 Cr.

PAT :
150.20 Cr.

Pricing Report

Issue Price :
428.00

Listing Price :
480.50

Current Market Price :
584.25

Issue Price vs CMP :
156.25 (36.51%)

listing Price vs CMP :
103.75 (21.59%)

Performance Report (CAGR* wise)

CAGR : 3.92
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Laurus Labs

Company Information
Laurus Labs Limited is a leading research and development (R&D)-driven pharmaceutical company in India, specializing in generic active pharmaceutical ingredients (APIs) in high-growth therapeutic areas like anti-retrovirals (ARVs) and Hepatitis C. The company also manufactures APIs for oncology and other therapeutic areas. With early investments in R&D and manufacturing infrastructure, the company has become a leading supplier of APIs in the ARV segment to multinational pharmaceutical companies catering to donor-funded access-to-medicines markets in regions like Sub-Saharan Africa, South-East Asia, and Latin America.
The company operates across four business lines:
Generics
Object of Issue
  • Pre-payment of term loans and
  • General Corporate Purposes

Laurus Labs MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2016
IPO Size :
1331.80 Cr.
IPO Subscription :
4.53 X     
PE Multiple :
30.00
Merchant Banker :
Citigroup Global Markets India Private Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Laurus Labs operates in Pharmaceutical and Pharmaceutical. The Issue is listed on MainBoard in Dec, 2016. Laurus Labs IPO size was 1331.80 Cr. with Issue price of 428.00 .

Merchant Banker(s) of Laurus Labs IPO: Citigroup Global Markets India Private Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited

Laurus Labs IPO subscription was 4.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Laurus Labs IPO listed at a listing price of 480.50 against the offer price of 428.00.

The current market price of Laurus Labs is 584.25.

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