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Windlas Biotech IPO opens on Aug 4, price band fixed at Rs 448-460


Windlas Biotech IPO opens on Aug 4, price band fixed at Rs 448-460
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Synopsis
Windlas Biotech will raise Rs 165 crore through the issuance of fresh equity shares, while promoters and existing shareholders will offload 51,42,067 equity shares via an offer-for-sale (OFS).
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New Delhi: The initial public offering (IPO) of Windlas Biotech will hit the primary market on August 4. The price band for the same has been fixed at Rs 448-460 per share with a face value of Rs 5 each.
Dehradun-based Windlas Biotech is one of the top companies in the domestic pharmaceutical formulations contract development and manufacturing organization (CDMO) in India. ....

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