Suven Life Sciences Limited Right Issue

₹399.80 Cr BSE, NSE 31 Oct 2022 – 10 Nov 2022

Closed BSE, NSE
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Issue Price
₹55.00
Face Value
₹1.00
Issue Size (Shares)
72,691,239
Issue Size (₹ Cr.)
₹399.80
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateTue, Oct 18, 2022
Credit of Rights EntitlementsFri, Oct 28, 2022
Bid/Offer Opens OnMon, Oct 31, 2022
Issue Open DateMon, Oct 31, 2022
Renunciation Last DateThu, Nov 3, 2022
Bid/Offer Closes OnThu, Nov 10, 2022
Issue Close DateThu, Nov 10, 2022
Deemed Date of AllotmentFri, Nov 18, 2022
Credit DateMon, Nov 21, 2022
Listing DateThu, Nov 24, 2022
📋 Right Issue Details
Issue Size (Shares)72,691,239
Issue Size (Amount)₹399.80 Cr.
Issue Price₹55.00 per share
Face Value₹1.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹55 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-31FY I
Income17.1621.23
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Meeting costs related to pharmaceutical research & development and clinical trial for molecules in the research pipelines.
2Repayment of an inter-corporate deposit availed by the Company.
3. General corporate purposes.
🏢 About the Company
Incorporated in 1989, Suven Life Sciences provides a wide range of Drug Discovery and Development Support Services (DDDSS) to global Pharma and Biotech companies. Suven discovery research is focused on discovering and developing new chemical entities (NCEs), which are best-in-class central nervous system therapies for the treatment of cognitive disorders, major depressive disorders, sleep disorders, psychiatric disorders, pain and inflammation, gastro-intestinal motility disorders.
📞 Company Contact
CompanySuven Life Sciences Limited
Address8-2-334, SDE Serene Chambers,
6th Floor Road No.5, Avenue 7, Banjara Hills,
Hyderabad – 500 034
Hyderabad, Telangana, 500034
Phone91 40 2354 1142
Emailinfo@suven.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd.
Phone040-79615565
Emailsuven.rights@kfintech.com
WebsiteVisit ↗