Exclusive: Multiples PE ropes in LPs as co-investors in Encube Ethicals

December 20, 2016 | Debjyoti Roy

Multiples Alternate Asset Management Pvt. Ltd, which raised its second private equity fund this year, has brought in its Limited Partners (LPs) as co-investors in contract drug development and manufacturing firm Encube Ethicals Pvt, a person privy to the development told VCCircle.

Laurus Labs shares gain 12.3% on listing day

December 19, 2016 | TEAM VCC

Laurus Labs Ltd made a strong debut on the stock markets on Monday with its shares listing at a 14.5% premium to the issue price.

PE-backed Claris to sell injectables unit to Baxter for $625 mn

December 15, 2016 | TEAM VCC

Claris Lifesciences Ltd has agreed to sell its injectables unit to Baxter International Inc. for $625 million (Rs 4,238 crore), the two companies said on Thursday.

Strides Shasun to acquire Perrigo API India for $14.8 mn

December 09, 2016 | Ranjani Raghavan

Drugmaker Strides Shasun Ltd said on Friday it has agreed to acquire Perrigo API India Pvt Ltd for Rs 100 crore ($14.8 million) in cash.

Samara Capital invests in medical devices firm Sahajanand Medical Technologies

December 09, 2016 | Joseph Rai

Samara Capital Management Ltd has invested close to Rs 170 crore ($25 million) in stent maker Sahajanand Medical Technologies Pvt Ltd, as the mid-market private equity firm seeks to deploy the remaining corpus of its second fund and start raising a new fund. 

Laurus Labs IPO covered 4.55 times on final day

December 08, 2016 | Ankit Doshi

Laurus Labs Ltd’s initial public offering (IPO) sailed through on Thursday as wealthy individuals and retail investors joined foreign institutions in subscribing to the share sale on the final day.

Laurus Labs IPO nears two-third mark on second day

December 07, 2016 | Ankit Doshi

Laurus Labs Ltd’s initial public offering picked up pace on Wednesday, with the issue nearing the two-third mark thanks to institutional investors.

Laurus Labs IPO crosses one-fourth distance on first day

December 06, 2016 | Ankit Doshi

Laurus Labs Ltd’s initial public offering was covered 29% on the first day of the issue on Tuesday, as the drugmaker tries to attract investors at a time the government’s demonetisation drive has triggered a severe cash crunch in the economy.

Advanced Enzyme closes deal to buy majority stake in JC Biotech

December 02, 2016 | Joseph Rai

Advanced Enzyme Technologies Ltd, which made a blockbuster listing earlier this year, said it has completed the acquisition of a 70% stake in bulk drugs maker JC Biotech Pvt Ltd for Rs 50.08 crore ($7.3 million).

Exclusive: Somerset Health Capital invests in nutritional supplements firm

November 29, 2016 | Ranjani Raghavan

Somerset Health Capital Advisors Pvt. Ltd, a healthcare-focused private equity firm that is on the road to raise its second fund, has invested an undisclosed amount in a Mumbai-based nutritional supplements company, two persons close to the development told VCCircle.



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