Page 4 - Laurus Labs

Laurus Labs gets USFDA nod for Visakhapatnam unit

The firm is one of the leading manufacturers of APIs for anti-retroviral (ARV), Hepatitis C, and Oncology

Laurus Labs Q1 net up 51% at Rs 39 cr

Total revenue grew 16.7% to Rs 478.4 cr

Laurus Labs lists at Rs 490, 14% premium against its issue price

On the NSE, the stock listed at Rs 489.90 and gained as much as Rs 498

Laurus Lab set for stock trading debut from Monday

The IPO, which opened to public subscription on December 6-8, was subscribed 4.54 times at a price band of Rs 426-428 per share

Laurus Labs' IPO sails through, subscribed 4.5 times

The Rs 1,332-cr IPO received bids for over 9.87 crore shares as against the total issue size of over 2.19 crore scrips

Laurus Labs sets IPO price band at Rs 426-428 per share

The firm proposes to use the net proceeds from the fresh issue towards pre-payment of term loans