Emcure Pharma IPO Day 2: Check latest subscription, GMP

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Key Points

The initial public offering (IPO) of Emcure Pharmaceuticals Limited, which is backed by Namita Thapar, opened for subscription on Wednesday looking to raise Rs 1,952.03 crore.. ...

The initial public offering (IPO) of Emcure Pharmaceuticals Limited has attracted attention from investors, with the public issue being fully subscribed...

The total subscription for Emcure Pharma IPO stands at 4.98 times as of 5 PM..

The IPO includes a fresh issue of equity shares worth Rs 800 crore and an offer for sale (OFS) of 1.14 crore equity shares amounting to Rs 1,152 crore at the upper end of the price band, offered by promoters and existing shareholders.. Emcure Pharmaceuticals announced on Tuesday that it has raised Rs 583 crore from anchor investors..

According to a circular on the BSE website, Emcure has allotted 57.8 lakh equity shares to 48 funds at Rs 1,008 each, making the total transaction size Rs 582.6 crore...

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