Anu's Labs IPO subscribed 7.5 times

Fri May 16, 2008 10:53am IST

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MUMBAI, May 16 (Reuters) - Bulk drugs and fine chemicals firm Anu's Laboratories Ltd's 3.82-million-share initial public offer has been subscribed 7.5 times, the company said late on Thursday.

The Hyderabad-based company had fixed a price band of 200-210 rupees a share for the issue which closed Thursday.

Almondz Global Securities is the book running lead manager to the issue. (Reporting by Bharghavi Nagaraju; Editing by Ramya Venugopal)

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