Bain-backed Emcure Pharma's $234m India IPO draws $11b in bids

Bain-backed Emcure Pharma's $234m India IPO draws $11b in bids

Photo: Reuters

 India’s Emcure Pharmaceuticals drew strong interest for its $234 million initial public offering (IPO) as investors bet on its slate of women’s healthcare and HIV treatments to drive growth in a high-margin market.