A new IPO from Mexico is coming to hit the markets very soon. The IPO belongs to the pharmaceuticals company, Genomma Lab.
What is the size of the Genomma Lab IPO?
The Genomma Lab IPO is expected to raise around 160 million dollars.
What is the price of the Genomma Lab IPO shares?
The price of Genomma Lab IPO shares is expected to be in the range of 16 pesos to 20 pesos each. Though no information is available about the exact price as of now, but it is learnt that the final price of the sale will be set on June 17, with stock market trading beginning on June 18.
What is the business of Genomma Lab?
The Genomma Lab has product range and sells sexual potency elixirs as well as ointments for acne and wrinkles. It has more than 50 over-the-counter health-care products
How many shares will be sold through the Genomma Lab IPO?
Around 110.5 million new shares will be sold through the Genomma Lab IPO. It also plans to sell up to 150.5 million of their own shares in the company as part of the offer.
The company's top-selling product category is an anti-acne line, followed by its Linea M sexual protection and stimulation products.
What are the financial results and business valuations of Genomma Lab IPO?
Total sales at Genomma Lab last year were 1.873 billion pesos ($180 million), with earnings before interest, tax, depreciation and amortization of 461 million pesos ($45 million).
| The company is controlled by small Mexican bank Invex and trusts related to it, and private investment fund ZN Mexico II owns a minority stake. | Table of Contents |
2 comments:
I'M AFRAID THIS IS SITE HAS, IN MY OPINION, GONE TO THE DOGS.
Time was when this site was full of excellent articles. Shobhit's views may not always have been right (his analyses tend, in my opinion, to be simplistic): nevertheless, they were always original.
Now this site is full of garbage. Let me not mince words. It's full of, yes, garbage. Recycled waste. A clear case of quality buried under quantity.
Why are you shooting yourself in the foot, Shobhit? You say you blog because this is your hobby, because you like doing this, not to get rich and famous. Well, then, why do you sell yourself for added eyeballs? (You very clearly accept that the only reason you've changed your blog is to somehow snatch more Google hits.) That certainly does NOT show purity of purpose.
All right, so let's accept that you're basically into this for the (anticipated) fame and money. Even then, you need to have a USP. Carry on as you had been earlier, with quality original posts, and your readership would have grown slowly but steadily.
With this recycled rubbish that now litters your blogsite, you may temporarily be able to score a peak in hits (and thus delude yourself into thinking that your site is getting more popular), but it won't work in the long run. If it is recycled research one is looking for, there are scores of sites out there who offer more of them and of far better quality.
Why am I saying all this here? Because I had, months back, enjoyed the articles in this site, and appreciated this honest effort by a fellow Indian, and wished you well. And it pains me to see you thus cheapen your initial effort by trying to sell out. (Trying to, I say, because, I repeat, even the target of fame and lucre will, in the long run, be better served by sticking to your USP, by sticking to quality.)
With best wishes,
A disillusioned (ex-)reader.
Further to my above:
Here's some "evidence" in support of what I'm saying. Look to the upper left hand side, at the "most visited articles". Each and every one of these are from the earlier posts, from the quality period, before the garbage started raining down.
Not one of the newer articles figures there (although these number many, many times more), and never will.
"Core competency." Pick up one thing you like doing, and which you do well, and keep on doing it to the best of your ability. Success, however, defined is sure to follow.
LET'S HAVE THE OLD BLOGSITE BACK. IF YOU MUST, RUN THIS NONSENSE ON ANOTHER (SEPARATE) BLOG.
(In fact, this impersonal bilge isn't even blogging at all, in the real sense of the term. Far from being an original, quality blogsite that this had started out as, it isn't even a real blogsite at all any more!)
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