Parabolic Drugs Limited which is launching its IPO to raise Rs 200 crs from issue announced its IPO price between Rs 75-85. The issue would at the lower price band of Rs 75 see an issue of 2.6666 cr shares and at the upper price band of Rs 85 would be for 2.35 cr shares. The IPO size includes an offer for sale of 20,25,702 shares by private equity investors.
The issue opens on Monday the 14th of June and closes for QIB’s on Wednesday the 16th of June and for all other investors on Thursday the 17th of June.
