Wednesday, April 21, 2010

FORTHCOMING IPO - CLARIS LIFE SCIENCES


NAME OF THE COMPANY

CLARIS LIFE SCIENCES LIMITED

ISSUE SIZE
RS 300CR

PROMOTERS
Mr. Arjun S. Handa and Sarjan Financial Private Limited

PRICE BAND
NOT YET DECIDED

BRLM
ENAM,EDELWEISS CAPITAL, JM FINANCIAL

ICICI SECURITIES


OBJECTS

Setting up of a new plant comprising a small volume parenterals line, a PVC bag line, a non-PVC bag line and a fat emulsion line.
  Construction of a facility for research and development.
  Prepayment of an identified term loan.
 

RECOMMENDATIONS
AWAIT FOR DETAILED ANALYSIS AND RECOMMENDATIONS

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