Lal PathLabs appoints Kotak Investment Bank, Citi Investment Bank to lead IPO

A report said that the company is planning IPO later this year.

May 11, 2015 04:05 IST India Infoline News Service

Dr Lal PathLabs has appointed investment banks Kotak Investment Bank and Citi Investment Bank to lead its initial public offering, according to reports.
A report said that the company is planning IPO later this year. 
There are media reports that the IPO is expected to be in the range of $150-200 million (about Rs 930-1,240 crore).
The company is also planning to file draft red herring prospectus in the next 60-90 days, says report.

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