Mumbai, Sep 13 (UNI) Novateor Research Laboratories Limited became 309th company to get listed on the BSE SME Platform on September 13, 2019.
Novateor Research Laboratories Limited came out with an initial public offering of 18,72,000 Equity Shares of Rs 10 Each For Cash at a price of Rs 24 per Equity Share , aggregating to Rs 449.28 lakhs. The company has successfully completed its public issue on September 4, 2019, BSE release said
Novateor Research Laboratories Limited is a Gujarat-based company whose registered office is at Ahmedabad. The Company is engaged in manufacturing of teeth whitening strips and development of novel personal care products that are intended to provide safe, easy and innovative approach to the existing traditional personal care solutions. Novateor Research develop products that could provide significant clinical as well as commercial advantage.
Mumbai based First Overseas Capital Limited was the lead manager to Novateor Research Laboratories Limited.
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