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Innova Captab files DRHP with SEBI: Reports

  • Jun 17, 2022, 09.30 AM
  • DealMoney News Service

Drugmaker Innova Captab is planning to file a draft red herring prospectus (DRHP) with market regulator Sebi for a Rs.900-crore initial public offering (IPO), according to reports.

Reports said that the company is planning to raise Rs.700-900 crore. The company has appointed JM Financial and ICICI Securities.

Innova Captab Ltd is a Pharmaceutical company engaged in Research & Development, Manufacturing, Marketing and sale of finished formulations across the world.