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Anu's Laboratories IPO

Anu's Laboratories IPO — date, price band, lot size & details 2008

Anu's Laboratories listed on 4 Jun 2008 at ₹260, 23.8% above the ₹210 issue price.

Anu's Laboratories is a Hyderabad based maker of drug intermediates, including products such as CIS plus Hydroxy Lactum and Sodium Methoxide. Its total income was Rs 121.30 crore in FY2007.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 12 November.

Key dates Listed
  1. Open 12 May 2008
  2. Close 15 May 2008
  3. Allotment 26 May 2008
  4. Refund/credit TBA
  5. Listing 04 Jun 2008

Issue summary

The terms of the offer, as filed.

IPO Dates 12 to 15 May, 2008
Price Band ₹200 – ₹210
Face Value ₹10
Lot Size 30 Shares
Issue Size ₹80.22 Cr
Sale Type Fresh capital only
Listing On BSE
Registrar KFin Technologies Limited
Min Investment ₹ 6,300
Reservation
QIB 50%
NII 15%
Retail 35%
Employee 5.24%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 30 shares at the ₹210 cut-off. Drag to size your application.

shares
1 lot lots
Application Lots Shares Amount
Retail (min) 1 30 ₹6,300
Retail (max) 31 930 ₹1,95,300
S-HNI (min) 32 960 ₹2,01,600
S-HNI (max) 158 4,740 ₹9,95,400
B-HNI (min) 159 4,770 ₹10,01,700

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 4

  • 01Total income rose from Rs 67.22 crore in FY2005 to Rs 121.30 crore in FY2007, and was Rs 113.82 crore in nine months to December 2007.
  • 02Profit before extraordinary items rose from Rs 2.09 crore in FY2005 to Rs 13.59 crore in FY2007, and was Rs 13.12 crore in nine months to December 2007.
  • 03Net worth rose from Rs 7.44 crore in FY2005 to Rs 44.96 crore in December 2007.
  • 04Rs 55.09 crore of the issue was for a new plant for intermediates and APIs.

Risks · 5

  • 01Much of its growth came from 2 products, CIS plus Hydroxy Lactum and Sodium Methoxide.
  • 02It relied on Nitya Laboratories' facilities for job work, paying advances of Rs 4.51 crore in FY2007.
  • 03Drug intermediate prices are competitive; Rs 16.67 crore of the issue was for working capital.
  • 04Rs 8.34 crore was for a contract research pilot plant, a new business.
  • 05Promoter holding fell from 74.79% before the issue to 51.13% after it.

Three years of numbers

All figures in ₹ crore, as reported in the Anu's Laboratories offer document.

Total income
113.82
95
121
114
31 Mar 200631 Mar 200731 Dec 2007
Profit after tax
13.12
6
14
13
31 Mar 200631 Mar 200731 Dec 2007
Net worth
44.96
13
32
45
31 Mar 200631 Mar 200731 Dec 2007
Metric 31 Dec 2007 31 Mar 2007 31 Mar 2006 31 Mar 2005
Total Income 113.82 121.30 95.34 67.22
Profit After Tax 13.12 13.59 5.71 2.09
NET Worth 44.96 31.51 12.88 7.44

See how this IPO compares — view listing performance of all mainboard IPOs.

Where the money goes

₹92.22 Cr of the issue is earmarked to named objects.

Setting up a new plant for manufacturing of drug intermediates including Active Pharmaceutical Ingredients (APIs) ₹55.09 Cr
Setting up of pilot plant for carrying out Contract Research and Manufacturing (CRAM) ₹8.34 Cr
Meeting long term working capital requirement ₹16.67 Cr
Meeting general corporate purposes ₹4.15 Cr
Meeting Issue expenses ₹7.97 Cr

About the company

Anu's Laboratories Limited was incorporated on 20 February 1996 and has its registered office at Vengalrao Nagar, Hyderabad. Its promoters are K. Hari Babu, N. S. Walimbe, M. S. S. V. Satyanarayana and Padmaja Rani Kosaraju.

It makes drug intermediates for pharmaceutical companies.

Its sales jumped after it introduced two products in 2004-05, CIS plus Hydroxy Lactum and Sodium Methoxide, and it also used the facilities of Nitya Laboratories on a job work basis.

The IPO was Rs 80.22 crore and was entirely a fresh issue at Rs 210, the top of the Rs 200 to Rs 210 band. Most of the money was for a new plant for drug intermediates and APIs, a contract research pilot plant and working capital.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
K.Hari Babu, N.S.Walimbe, M.S.S.V.Satyanarayana and Padmaja Rani Kosaraju
Promoter holding
74.79% → 51.13%
Pre-issue → post-issue

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Almondz Global Securities Ltd View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Almondz Global Securities Ltd

23 issues handled
Listed in Profit 69.6% 16 of 23 listed
Avg Listing Gain +20.2% across 23 issues
Listed Below Issue 7 of 23 listed

Best listing: Amar Remedies (+100.0%). Weakest: First Winner Industries (-12.0%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Anu's Laboratories
Email

Frequently asked

What is the GMP of Anu's Laboratories?

The current Grey Market Premium is ₹0.

What is the Anu's Laboratories IPO price band?

₹200 to ₹210, on a face value of ₹10.

When is the allotment?

The basis of allotment is 26 May 2008, with listing on 4 June 2008.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.

Anu's Laboratories IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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