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Who are the Book Running Lead Managers (BRLM) to the issue?
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a.
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Enam Securities Private Limited
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Edelweiss Capital Limited
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| c.
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JM Financial Consultants Private Limited
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ICICI Securities Limited
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2. |
Which Exchange will the stock be listed on?
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The stock is proposed to be listed on the Bombay Stock Exchange (BSE: www.bseindia.com)
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3. |
When does the Claris Financial Year end?
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The Claris Financial year ending is on the 31st of December
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4. |
What is the Total Income and Profits of Claris for the last 12 months?
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The total Income for the year ending 31st December 2009 was Rs. 7,594.01 million and the net profit after taxation for the year ending 31st December 2009 stood at Rs. 1,248.92 million.
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5. |
What does Claris plan to do with the proceeds of the IPO?
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We intend to utilize the Issue Proceeds primarily for the following objects:
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a.
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Setting up of a new plant comprising a small volume parenterals line, a PVC bag line, a non-PVC bag line and a fat emulsion line.
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b.
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Setting up of a new manufacturing line for Propofol and other fat emulsion products at our existing plant, Clarion IV.
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c.
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Construction of a facility for research and development at our Clarion manufacturing facilities.
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d.
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Prepayment of an identified term loan.
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6. |
Does the Claris production facility have approvals from any Important Regulatory Authorities?
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Our manufacturing facilities are located in Ahmedabad, India. Certain of these facilities have been approved by foreign regulatory authorities including the USFDA, MHRA (UK), TGA (Australia), NAM (Finland), GCC FDCA (Gulf Cooperation Council, including Saudi Arabia, U.A.E. and other countries in the Middle East) and INVIMA (Colombia). Our manufacturing facilities are ISO 9001-2000 and WHO GMP certified.
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7. |
Has Claris won any significant awards for it’s Manufacturing Facilities?
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The Company has won the Indian Drug Manufacturer Association’s Quality Excellence Award in 2007 and 2008 and the Frost & Sullivan India Manufacturing Excellence Award in 2007, 2008 and 2009 in recognition of the quality of its practices.
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8. |
What is the staff strength of the Claris?
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As of March 31, 2010, we had around 1,553 employees worldwide, of which around 1,486 employees were in India. We employed around 67 nationals in the company. The average age of our senior management team members is approximately 40 years and the average age of our employees is approximately 29 years. The number of man days invested in training was of over 5,000 days during the financial year ended December 31, 2009.
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9. |
Is ASBA facility available during the IPO?
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Bidders may participate in this Issue through ASBA by providing the details of their respective bank accounts
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10. |
Who are the bankers to Claris?
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Allahabad Bank S.P. Nagar Branch, Behind Sardar Patel Seva Samaj Bhavan C.G. Road, Ahmedabad – 380 006
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Andhra Bank 41, Parimal Society, Ellisbridge, C.G. Road, Ahmedabad – 380 006
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Barclays Bank PLC 801/808 Ceejay House, Shivsagar Estate, Dr. A. Besant Road, Worli, Mumbai – 400 018
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Canara Bank Bhadra Branch, Opposite Advance Complex Bhadra, Ahmedabad – 380 001
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Central Bank of India Gulbai Tekra Branch, Sears Tower, Gulbai Tekra, Ahmedabad – 380 006
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HDFC Bank Ltd. 304, 3rd floor Prerna Arcade, Near Parimal Garden, C.G. Road, Ahmedabad – 380 006
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Indian Overseas Bank C.G. Road Branch, Mardia Plaza Complex Nr. Associated Petrol Pump, C.G. Road, Ahmedabad – 380 006
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Punjab National Bank Large Corporate Branch, A wing, Pelican Building, Ashram Road, Ahmedabad – 380009
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The Lakshmi Vilas Bank Limited 1st floor, Blue Star Complex, Nr. Old High Court, Railway Crossing, Navrangpura,Ahmedabad – 380 014
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United Bank of India United Bank of India Building, Lal Darwaja, Ahmedabad – 380 001
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11. |
Who is the Statutory Auditor of Claris?
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Deloitte, Haskins & Sells are the statutory auditors of the company.
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12. |
How many Product Registrations does Claris hold?
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As of March 31, 2010, we had obtained over 1,000 registrations worldwide and approximately 410 applications were pending approval.
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13. |
Where is the Claris Office located?
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The Company’s registered and corporate office is situated at:
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Claris Corporate Headquarters, Near Parimal Railway Crossing, Ellisbridge, Ahmedabad – 380 006, India Tel: +91 79 26563331 Fax: +91 79 26565879 Website: www.clarislifesciences.com Email: ipo.corp@clarislifesciences.com
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14. |
Who is the registrar to the issue?
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LINK INTIME INDIA PRIVATE LIMITED is the Registrar to the Issue.
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