Sudeep Pharma IPO, Nov. 19 -- The initial public offering (IPO) of pharmaceutical company Sudeep Pharma will open for public subscription on Friday, November 21, and will conclude on Tuesday, November 25. The Rs.895 crore book build issue is a fresh issue of 16 lakh shares to raise Rs.95 crore and an offer for sale (OFS) of nearly 1.35 crore shares for Rs.800 crore.

Sudeep Pharma IPO price band has been fixed in the range of Rs.563 to Rs.593 per equity share. Share allotment is expected to be finalised on Wednesday, November 26, following which successful bidders will receive the shares on Thursday, November 27. Shares of the company will debut on the BSE and the NSE on Friday, November 28.

The company intends to use the net proceeds fr...