IPO IPO-Synopsis
Emcure Pharmaceuticals Ltd

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Registered Office: Plot # P-1 & P-2 IT BT Park,Phase II MIDC Hinjawadi , Pune - 411057 , Maharashtra , India.
Phone : +91 20 3507 0033/+91 20 3507 0000   Fax:
Email :  investors@emcure.com  
Website :  www.emcure.com
Initial public offering of 19,375,070 equity shares of face value of Rs10 each ("Equity Shares") of Emcure Pharmaceuticals Limited (The "Company") for cash at a price of Rs1,008^ per equity share (including a share premium of Rs998 per equity share) (the "Offer Price") aggregating to Rs1952.03^ crores (the "Offer") comprising a fresh issue of 7,946,231 equity shares of face value of Rs10 each aggregating to Rs800.00^ crores by the company (the "Fresh Issue") and an offer for sale of 11,428,839 equity shares of face value of Rs10 each aggregating to Rs1152.03 crores including 420,000 equity shares of face value of Rs10 each aggregating to Rs42.34 crores by Satish Ramanlal Mehta, 1,268,600 equity shares of face value of Rs10 each aggregating to Rs127.88 crores by Namita Vikas Thapar, 10,000 equity shares of face value of Rs10 each aggregating to Rs1.01 crores by Samit Satish Mehta and 40,000 equity shares of face value of Rs10 each aggregating to Rs4.03 crores by Sunil Rajanikant Mehta (the "Promoter Selling Shareholders"), 7,234,085 equity shares of face value of Rs10 each aggregating to Rs729.20 crores by BC Investments iv limited (the "Investor Selling Shareholder"), 1,342,586 equity shares of face value of Rs10 each aggregating to Rs135.33 crores by the promoter group selling shareholders as set out under annexure a (the "Promoter Group Selling Shareholders"), 300,000 equity shares of face value of Rs10 each aggregating to Rs30.24 crores by Arunkumar Purshotamlal Khanna (the "Individual Selling Shareholder"), and 813,568 equity shares of face value of Rs10 each aggregating to Rs82.01 crores by other selling shareholders as set out under annexure a (the "Other Selling Shareholders", and collectively with the promoter selling shareholders, promoter group selling shareholders, individual selling shareholder and the investor selling shareholder, the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares of face value of Rs10 each by the selling shareholders, the "Offer for sale"). The offer included a reservation of 108,900 equity shares of face value of Rs10 each, aggregating to Rs10.00 crores^, for subscription by eligible employees (constituting up to 0.06% of the post-offer paid-up equity share capital)(the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, offered a discount of 8.93% to the offer price (equivalent to Rs90 per equity share) to eligible employees biddng under the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 10.25% and 10.19%, respectively, of the post-offer paid-up equity share capital of the company. Tthe face value of the equity share is Rs10 each and the offer price is 100.80 times the face value of equity shares. ^A discount of Rs90 per equity share was offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Jul-24 05-Jul-24 Rs1008.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :14  Further Multiples of :14

  Rs Cr Lead Managers to the Issue
Project Cost 758.86
Axis Capital Ltd
Project Financed through Current Offer 1952.03  
Post Issue Equity Share Capital 189.10  
Issue Price Rs1008.00  
Projects
Prepayment or Scheduled Repayment of all or a portion of certain Outstanding Borrowings availed by the CompanyGeneral Corporate Purposes
Promoted By
Satish Ramanlal Mehta
Sunil Rajanikant Mehta
Namita Vikas Thapar
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd