Anthem, whose services include early-stage drug discovery and drug efficacy testing, said private equity firm True North and drugmaker DavosPharma are among investors who will sell shares in the IPO.
The company will not sell any shares and it did not give any other details on the offering.
The offer for sale (OFS) comprises promoter shareholders Ganesh Sambasivam and K Ravindra Chandrappa selling equity shares aggregating up to Rs. 350 crores each. Viridity Tone LLP (True North) will be selling Equity Shares aggregating up to Rs. 1,325 crores and Rs. 320 crores by Portsmouth Technologies LLC
The other shareholders selling include up to Rs. 320 crores each by Malay J Barua, Rupesh N Kinekar, Satish Sharma, up to Rs. 80 crores by Prakash Kariabettan and up to Rs. 10 crores by K Ramakrishnan.
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