Thyrocare Technologies IPO to open on April 27 20/04/2016
Thyrocare Technologies will open on April 27 to raise funds through an initial public offering (IPO), said the PTI report. The IPO is scheduled to close on April 29, according to the Red Herring Prospectus. The firm, which runs a diagnostics laboratory chain across the country, will come out with a public issue of up to 10,744,708 equity shares. These shares would be sold by the company's existing shareholders, including A Velumani HUF and Anand Velumani. The issue is being managed by JM Financial Institutional Securities, Edelweiss Financial Services and ICICI Securities.
The company has proposed to list its shares on BSE and NSE.
Thyrocare Technologies will open on April 27 to raise funds through an initial public offering (IPO), said the PTI report. The IPO is scheduled to close on April 29, according to the Red Herring Prospectus. The firm, which runs a diagnostics laboratory chain across the country, will come out with a public issue of up to 10,744,708 equity shares. These shares would be sold by the company's existing shareholders, including A Velumani HUF and Anand Velumani. The issue is being managed by JM Financial Institutional Securities, Edelweiss Financial Services and ICICI Securities.
The company has proposed to list its shares on BSE and NSE.
