Laurus Labs Limited IPO

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Laurus Labs Ltd is Hyderabad based pharmaceutical company. Laurus Labs is in the business of manufacturing generic active pharmaceutical ingredients (APIs) for therapeutic areas of antiretrovirals (ARVs) and Hepatitis C. Company also manufacture APIs in oncology and other therapeutic areas.
Laurus Labs operates in four business lines:
1. Generics active pharmaceutical ingredients (APIs) – The development, manufacture and sale of APIs and advanced intermediates.
2. Generics finished dosage forms (FDFs) – The development and manufacture of oral solid formulations.
3. Synthesis – Contract development and manufacturing services for global pharmaceutical companies.
4. Ingredients – The manufacture and sale of speciality ingredients for use in the nutraceutical and cosmeceutical sectors.
Key Highlights:
1. Laurus Labs launched 59 products since our inception in 2005.
2. Nine out of the 10 largest generic pharmaceutical companies in the world are its customers.
3. Laurus Labs employed 587 scientists at our R&D centre in Hyderabad and 12 scientists at R&D centre in Greater Boston USA.
4. The Company owned 32 patents and had 150 pending patent applications, in several countries.
5. The company has three manufacturing facilities in Visakhapatnam, Andhra Pradesh.
6. The company sells its products in 32 countries in Sub-Saharan Africa, South-East Asia and Latin America.
Key Strengths:
1. Leadership in APIs in Select, High Growth Therapeutic Areas
2. Strong R&D Capabilities and Process Chemistry Skills
3. Industry Leading, Modern and Regulatory Compliant Manufacturing Capacities
4. Long-standing Relationships with Multi-National Pharmaceutical Companies
5. Experienced Promoters and Qualified Operational Personnel
6. Established Track Record of Delivering Growth

Laurus Labs Limited IPO Stock Quote & Charts

429.90

-0.10%

  • Open: 426.00
  • High - Low: 436.00 - 426.00
  • Previous Close: 430.35
  • Total Traded Volume: 73546
  • Updated On: 24-Sep-2018

Objects of the Laurus Labs Limited IPO:

1. Pre-payment of term loans 2. General corporate purposes.

Laurus Labs Limited IPO Details:

Open Date: Dec 06 2016
Close Date: Dec 08 2016
Total Shares: 31,116,785
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 1,331.80 Cr.
Lot Size: 35 Shares
Issue Price: ₹ 426-428 Per Equity Share
Listing At: NSE,BSE
Listing Date: Dec 19 2016

Promoters And Management:

1. Dr Satyanarayana Chava 2. Naga Rani Chava 3. Dr Raju Srihari Kalidindi 4. Ravi Kumar V V and 5. Dr Lakshmana Rao C V

Financials of Laurus Labs Limited IPO:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 23,083.48 18,925.49 12,730.58 7,009.89 5,128.78
Total Revenue 17,884.15 13,603.80 11,685.34 7,235.67 4,523.07
Profit After Tax (PAT) 1,435.68 735.17 972.17 882.19 215.77

Registrar of Laurus Labs Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

Laurus Labs Limited Plot No.21, Jawaharlal Nehru Pharma City, Parawada, Visakhapatnam 531 021 Phone: + 91 40 3980 4333 Fax: +91 40 3980 4320 Email: secretarial@lauruslabs.com Website: www.lauruslabs.com

25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO

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