Innova Captab Ltd (Ticker: INNOVACA IN) is an integrated pharmaceutical company in India, specializing in the generic drugs industry. The company, founded in 2006, focuses on research and development, manufacturing, drug distribution, marketing, and exports. Innova Captab operates with a focus on compliance with Environmental, Social, & Governance standards, and maintains WHO-GMP, EU-GMP, and other major registrations. It manages two manufacturing facilities and a team of over 1000 employees.
Innova Captab Ltd will list on December 29, 2023, on the National Stock Exchange of India. The firm is selling 12.72 million shares at an offer price of INR 448.00 per share. The expected Market Capitalization at the offer is INR 25.64 billion (USD 307.67 million). The total offer size is INR 5.70 billion (USD 68.41 million). The offering is managed by ICICI Securities Ltd and JM Financial Ltd.