India, Sept. 12 -- image credit- shutterstock

Cotec Healthcare Limited, a leading player in the contract development and manufacturing organization (CDMO) industry in India in terms of number of dosage forms with capabilities across 24 distinct formulation types, has filed its Draft Red Herring Prospectus comprising Fresh Issue of up to Rs 2,950 million and Offer for Sale of up to6,000,000 Equity Shares of face value of Rs 5 each.

The companyoperates as a CDMO engaged in development offormulation, loan licensing and commercial manufacturing of off-patent products, including complex generics, in more complex delivery forms such as modified and sustained release forms, for institutional and private customers.

The company's portfolio enco...