The IPO consists a recent concern of shares value Rs 950 crore and a sale of as much as 36.3 million shares by current shareholders, together with a Carlyle entity, the submitting confirmed.
A information portal mentioned the corporate was aiming to boost between Rs 2,750 crore and Rs 3,000 crore via the providing.
Reuters couldn’t instantly affirm these particulars. Indegene didn’t reply to Reuters’ request for remark.
CA Daybreak Investments, a Carlyle entity which held round 46 million shares, or a 20.8% stake within the firm, will likely be promoting as much as 17.2 million shares within the providing, in response to the submitting.
Capital, Citigroup World Markets, J.P. Morgan India and Nomura Monetary Advisory and Securities had been e book operating lead managers to the IPO.
