Fixed Price IPO | ₹30 Cr | Listed at BSE, NSE | Mon, Jun 18, 2007 - Fri, Jun 22, 2007
Celestial Labs IPO is a fixed price issue of ₹30.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹30.00 crore.
Celestial Labs IPO bidding started from Jun 18, 2007 and ended on Jun 22, 2007. The shares got listed on BSE, NSE on Jul 17, 2007.
Celestial Labs IPO price is ₹60 per share. The lot size for an application is 90. The minimum amount of investment required by an individual investor (retail) is ₹5,400 (90 shares) (based on upper price). The lot size investment for sNII is 38 lots (3,420 shares), amounting to ₹2,05,200, and for bNII, it is 186 lots (16,740 shares), amounting to ₹10,04,400.
The issue includes a reservation of up to 2,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Chartered Capital & Investment Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Celestial Labs IPO RHP for detailed Information.
IPO Open
Mon, Jun 18, 2007
IPO Close
Fri, Jun 22, 2007
Issue Price
₹60 per share
Market Cap (Pre-IPO)
₹67.16 Cr
| IPO Date | 18 to 22 Jun, 2007 |
| Listed on | Tue, Jul 17, 2007 |
| Face Value | ₹10 per share |
| Issue Price | ₹60 per share |
| Lot Size | 90 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 50,00,000 shares (agg. up to ₹30 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 61,94,000 shares |
| Share Holding Post Issue | 1,11,94,000 shares |
| BSE Script Code / NSE Symbol | 532871 / CELESTIAL |
| ISIN | INE221I01017 |
Celestial Labs IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 30,00,000 shares, after excluding 20,00,000 shares under a preferential allotment. Of the Net offer 15,00,000 (50.00%) allocated to NII 15,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| NII (HNI) Shares Offered | 15,00,000 | 50.00% | 30.00% | NA |
| Retail Shares Offered | 15,00,000 | 50.00% | 30.00% | 16,666 |
| Preferential Reservations | ||||
| Employee Shares Offered | 2,00,000 | 4.00% | NA | |
| Other Shares Offered | 18,00,000 | 36.00% | NA | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 90 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹5,400 |
| Retail (Max) | 37 | 3,330 | ₹1,99,800 |
| S-HNI (Min) | 38 | 3,420 | ₹2,05,200 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporate in 1997, Celestial Labs Limited is in the business of research, development and manufacturing of biotechnology products. Celestial provides customized enterprise solutions, bio-informatics services and is also involved in development of biopharmaceuticals and industrial enzymes.
Celestial offers Industrial Biotechnology Products (Industrial Enzymes), Drug Molecule Development & Licensing, Clinical Data Management, Clinical Research Trials and Bioinformatics Services (Molecular Modeling).
Celestial Labs Limited is located at Banjara Hills, Hyderabad, India and is an ISO 9001-2000 certified company.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up infrastructure for Manufacturing of Enzymes | 14.67 |
| 2 | Enhancing existing infrastructure for Bioinformatics and Drug molecule development and related services | 17.34 |
| 3 | Marketing and liaison office at USA | 1.91 |
| 4 | Incremental working capital | 4.17 |
| 5 | Public issue expenses | 2.50 |
| KPI | |
|---|---|
| RoNW | 24.7% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 0.6406% | 35.44% |
| Market Cap | ₹67.16 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees and selling expenses | 0.75 |
| 2 | Advertising and Marketing Expenses | 0.70 |
| 3 | Printing, Stationery & Distribution expenses | 0.50 |
| 4 | Others (Exchange fee, Listing fee, Fee to Legal Advisors) | 0.30 |
| 5 | Registrar fee and other expenses | 0.25 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹60.00 | ₹60.00 |
| Open | ₹70.00 | ₹75.00 |
| Low | ₹66.15 | ₹65.50 |
| High | ₹75.00 | ₹104.90 |
| Last Trade | ₹67.20 | ₹67.55 |
Lead Manager Reports
Celestial Labs IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹30 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 90.
The IPO opens on Mon, Jun 18, 2007, and closes on Fri, Jun 22, 2007.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Celestial Labs IPO using UPI as a payment gateway. Zerodha customers can apply in Celestial Labs IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Celestial Labs IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Celestial Labs IPO opens on Mon, Jun 18, 2007 and closes on Fri, Jun 22, 2007.
Celestial Labs IPO lot size is 90, and the minimum amount required for application is ₹5,400.
You can apply in Celestial Labs IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Celestial Labs IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Celestial Labs IPO allotment status.
The Celestial Labs IPO listing date is on Tue, Jul 17, 2007.
