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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 ₹60.00 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). 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 Date | June 18, 2007 to June 22, 2007 |
| Listing Date | July 17, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹60 per share |
| Lot Size | 90 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 50,00,000 shares (aggregating up to ₹30.00 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 61,94,000 shares |
| Share Holding Post Issue | 1,11,94,000 shares |
Celestial Labs IPO offers total 50,00,000 shares. Out of which 15,00,000 (30.00%) allocated to NII, 15,00,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| NII (HNI) Shares Offered | 15,00,000 (30.00%) | NA |
| Retail Shares Offered | 15,00,000 (30.00%) | 16,666 |
| 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%) |
| 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 |
Celestial Labs IPO opens on June 18, 2007, and closes on June 22, 2007.
| IPO Open Date | Mon, Jun 18, 2007 |
| IPO Close Date | Fri, Jun 22, 2007 |
| Tentative Listing Date | Tue, Jul 17, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 22, 2007 |
Investors can bid for a minimum of 90 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| KPI | Values |
|---|---|
| RoNW | 24.7% |
The Company Celestial Labs IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Setting up infrastructure for Manufacturing of Enzymes | 146.69 |
| 2 | Enhancing existing infrastructure for Bioinformatics and Drug molecule development and related services | 173.41 |
| 3 | Marketing and liaison office at USA | 19.10 |
| 4 | Incremental working capital | 41.75 |
| 5 | Public issue expenses | 25.00 |
| Listing Date | July 17, 2007 |
| BSE Script Code | 532871 |
| NSE Symbol | CELESTIAL |
| ISIN | INE221I01017 |
| Final Issue Price | ₹60 per share |
| BSE Listing Group | B1 |
Celestial Labs Ltd.
Celestial Labs Limited,
231/A, Road No:12,
Banjara Hills
Hyderabad, Telangana, 500034
Phone: +91-40-23540008
Email: ipo@celestiallabs.com
Website: http://www.celestiallabs.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: mailmanager@karvy.com
Website: https://ipostatus.kfintech.com/
Celestial Labs IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹30.00 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 90.
The IPO opens on June 18, 2007, and closes on June 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 June 18, 2007 and closes on June 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 Tuesday, July 17, 2007.
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