Alpa Laboratories Limited is all set to tap the capital markets with an IPO opening for subscription on 12 July 2007. Alpa Laboratories Limited is a drug formulation company. The Alpa Laboratories Limited IPO opens for subscription on Tuesday, 12 July 2007 and closes for subscription on 17 July 2007. Alpa Laboratories Limited has priced its IPO between Rs. 62 and Rs. 68 and the IPO lot size is 100 shares. Hence retail investors can apply for a minimum of 100 shares and a maximum of 1400 shares in the Alpa Laboratories IPO. The IPO issue size of Alpa Laboratories IPO is about 60 crores. The proceeds from the IPO will be used by Alpa Laboratories Limited for starting a new plant to increase production (thereby catering to the higher demand) and for meeting its working capital requirements. Post IPO, the shares of Alpa Laboratories Limited will be listed on the National stock exchange (NSE) and the stock exchange, Mumbai (BSE). The lead manager for Alpa Laboratories IPO is Allianz Securities Ltd. The registrar for the Alpa Laboratories IPO is Bigshare services. For updates on the subscription / oversubscription ratio of Alpa Laboratories IPO and to know the allotment status, refund details and listing date of Alpa Laboratories IPO, do check this blog regularly.