PLETHICO PHARMACEUTICALS FILES DRAFT RED HERRING PROSPECTUS WITH SEBI FOR IPO

Plethico Pharmaceuticals Ltd. (Plethico), one of India's fastest growing pharmaceutical companies having global presence, today filed its Draft Red Herring Prospectus (DRHP) for its forthcoming Initial Public Offer (IPO) with SEBI today. The IPO is to raise Rs. 110 crore. Plethico will list the equity shares through a 100% book-building offer on The Bombay Stock Exchange Ltd., and The National Stock Exchange of India Ltd.

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