Syngene international is one of the leading indiabased contract research organisations cro, offering a suite of integrated, endtoend discovery and development services for novel molecular. Biocon surges as company files prospectus for syngene ipo to raise. The red herring prospectus is available on the website of the sebi and the websites of axis capital limited, credit suisse securities india. Syngene offers integrated drug discovery and development services with capabilities in medicinal chemistry, biology, in vivo pharmacology and toxicology. Biotechnology major biocon on wednesday filed a prospectus with the securities and exchange board of india sebi for the initial public offer ipo of its research arm syngene through.
On 21 july 2009, the companys name was changed to frencken group limited to reflect the excellent reputation and recognition of the. Syngene international ipo latest breaking news, pictures, videos, and special reports from the economic times. Syngene ipo analysis new stock market analyst 2572015 chanakya ni pothi. Biocon says may demerge syngene in long run, post ipo. Rss feed is a xml file that provides summaries, including links to the full versions of the content. Prospectus in electronic form is available only to persons receiving this prospectus in electronic form within australia. Our company is not considering any preipo placement of equity shares of the company. Syngene international ipo date, price, gmp, details. Syngene international gets roc approval for its rhp biocon. Syngene international ipo allotment status indian share.
If you are unable to read it from your internet browser, kindly download a copy and read it with the latest version of adobe acrobat reader. After an ipo, the issuing company becomes a publically listed company on a recognized stock exchange. We have has never received any compensation for securities sold in any capacity. Syngene international ipo blogs, comments and archive news on. Prospectus the document is best viewed using the latest versions of chrome, firefox and internet explorer 11. Biocon subsidiary, syngene international ipo would open for subscription on 27th july, 2015. As per the prospectus, the company intends to sell 2. Dividends on the series k preferred stock will be payable when, as and if declared by our board of directors, from the date of issuance to, but excluding, march 15, 2018 at a rate of 7. July 14, 2015 please read section 32 of the companies act, 20 100% book built offer syngene international limited our company was incorporated as syngene international private limited on november 18, 1993 at bengaluru, karnataka as a private limited company under the companies act, 1956. Shares of biocon advanced over 3 per cent to hit intraday high of rs 470 after the company on wednesday filed prospectus for the initial public offer of its research arm syngene. Biocon and its two subsidiary companies, syngene international pvt. Reports this website uses information gathering tools such as cookies and other similar. The draft red herring prospectus will be updated upon filing with the roc please read section 32 of the companies act, 20 100% book built offer syngene international limited our company was incorporated as syngene international private limited on november 18, 1993 at bengaluru, karnataka as a private limited company under the companies. The ipo allotment is expected to take place within 2 weeks of the closing of the ipo ie july 29.
The draft red herring prospectus will be updated upon registering. Consolidated net worth as at 31 december 2003 was rs. Syngene international ipo allotment status is not available at this time. Consult independent counsel for any and all legal advice and questions.
Upto 200203, biocons net profits, including that of its subsidiaries syngene and clinigene, has grown at a 3year cagr of 85%. The initial public offering ipo of syngene international was subscribed 36. Persons who access the electronic version of this prospectus should ensure that they download and read the entire prospectus. This prospectus is issued by wisetech and wisetech saleco limited acn 610 848 283 saleco. Welcome into the cellnex telecom ipo information area.
Syngene international ipo date, price, gmp, details chittorgarh. Prior to the offering, there has been no market for the units. According to a letter filed with the bombay stock exchange bse last week, bangaloreheadquartered drugmaker biocon is set to begin offering equity shares in its contract research organisation cro syngene international on july 27 for two days, after a red herring prospectus was approved by the indian governments registrar of companies roc. Biocon has filed a draft red herring prospectus at the securities and exchange board of india for its cro subsidiary syngene. Listing on the national stock exchange of india ltd. Jumbo group of restaurants began with the inception of jumbo seafood, a singaporestyle seafood restaurant, in 1987. From a single seafood restaurant, the company has grown to over 20 restaurants in singapore, china and japan. Biotechnology major biocon will go ahead with the initial public offer of its contract research arm syngene, with prospectus expected to be filed on wednesday. Biocons cro syngene launches ipo following record quarter. The price band of the ipo is rs 240 250 and a lot size of 60. Prospectus supplement to prospectus dated september 6, 2012 the pnc financial services group, inc. Biocons cro arm syngene seeks approval for ipo, files drhp. Biocon filed prospectus with market regulator sebi for the initial public offer of its research arm syngene. Biocon files prospectus for syngene ipo the economic.
According to combined data available from nse and bse, the bangalorebased subsidiary of biocon attracted bids for 57. Biocon files draft red herring prospectus with sebi for ipo bangalore, january 28, 2004. The syngene ipo was subscribed 32 times with the retail subscriptions of about 5 times. Some content, including service offerings, may not be uptodate. Biocon surges as company files prospectus for syngene ipo to raise rs 600 crore.
Biocon sets price band for syngene ipo at rs 240250sh. Biocon surged over 3% in intraday trade on thursday after the company filed prospectus for syngene ipo on wednesday to raise rs 600 cr. Syngene international limited is proposing, subject to receipt of requisite approvals, market. Syngene international ipo is a mainboard ipo of 22,000,000 equity shares of the face value of. Syngenes ipo, which has been priced at 240 rupees to 250 rupees a share, will open for subscription on july 27 and close on july 29, biocon said in a filing to exchanges on thursday. Initial public offering indian cro syngene has reported a record quarter as it gets set to spinout from its parent company biocon. Download ipo prospectus of a company which is filed or approved by sebi.
Thus, an ipo is also commonly known as going public. It also captures the holding period returns and annual returns. Syngene international, the biocon group company which closed its ipo on july 29, had a stellar first day on the bourses on tuesday with the stock. Biocon files prospectus for syngene ipo, listing likely in. It is available through rss feed reader or through some browsers. Initial public offering ipo is where a previously unlisted company sells new or existing securities and offers them to the public for the first time. The offer contained in this prospectus is an invitation to acquire fully paid ordinary shares in wisetech global limited acn 065 894 724 wisetech or company shares. Lodgement and listing this prospectus is dated 17 march 2016 and was lodged. A list of mainboard ipo prospectus pdf from india stock market. The initial public offer ipo of syngene international ltd offers an early investment opportunity in syngene international ltd. Biocon media faq, kiran, biocons history, challenges. Syngene international ipo modest investment recommended. The red herring prospectus is available on the website of the securities and.
Biocon files prospectus for syngene ipo under the proposed issue, shares will be offered through an offer for sale ofs route by biocon limited upto 22,000,000 equity shares of face value of rs. Please download the free adobe acrobat reader to view these documents. Syngene international ceo peter bains in mumbai on thursday. Syngene international ipo lot size and price retail. A stock market investor can buy syngene international ipo shares by applying in ipo before syngene international ltd shares get listed at the stock exchanges. If unsure about the completeness of this prospectus received electronically, or a print. Commenting on the ipo, kiran mazumdarshaw, chairman and. The equity shares offered through the red herring prospectus are proposed to be listed on the bse and. Syngene international ltd ipo syngene international ipo detail. And for fiscal 2011, there was net decrease in cash and cash equivalents of rs 70 lakh, according to draft prospectus of syngene. What is an ipo initial public offering definition duration.
Biocon files prospectus for syngene ipo india infoline. It will show you whats new since the last time you checked the feed, without having to visit the website. The offer of units under this prospectus will be by way of an initial public offering in singapore ipo. Despite these numbers, shaw says syngene is going to be the next big story in asia. Prospectus on the offering and listing of cellnex telecom, s. According to drugmaker biocon, syngene is indias largest and asias second largest contract research organisation cro but in january the company announced it had sold a 10% stake and was looking to.
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