The New Delhi-based chauffeur-driven automobile rental service provider's offer memberships exceeded 64.18 times the issue size.
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Natco Pharma disclosed that its subsidiary will invest USD 8 million in eGenesis, acquiring a total of 40,629,761 shares.
Naidu stated that efforts are being made to ensure that aircraft production begins in the country within the next five years.
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The company also stated that the cash will allow them to evaluate the best financing structure for growth ambitions.
The proceeds from the new issue will be used to establish a new facility in Vallam-Vadagal to manufacture high tensile fasteners and hex bolts
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According to the firm, the NDA submission package is based on three clinical trials, many pre-clinical investigations.
The allotment of equity shares in the offer increased the company's paid-up equity share capital to ₹160 Crore.
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