Windlas Biotech, Krsnaa Diagnostics among 5 pharma IPOs this month

[email protected]19 Aug, 2021News

As many as five pharma companies are planning to hit the Indian markets with their initial public offerings (IPOs) in August including two - Windlas Biotech and Krsnaa Diagnostics, that are set to open for subscription in the first week of the month on August 4. The list also include the ?4,000-crore IPO by the Bain Capital-backed Emcure Pharma, the ?1,500-crore issue by Vijaya Diagnostic Centre and Mumbai-based bulk drugs maker Supriya Lifesciences ( ?1,200 crore). Investment bankers estimate these five companies to together raise over ?8,300 crore through the public offerings this month, reported news agency PTI.