Daily BriefsIndia

Daily Brief India: Survival Technologies and more

In today’s briefing:

  • Survival Technologies Pre-IPO – Growth Has Been Strong but Could Be Better

Survival Technologies Pre-IPO – Growth Has Been Strong but Could Be Better

By Ethan Aw

  • Survival Technologies (1279515D IN) is looking to raise around US$121m in its upcoming India IPO. 
  • Survival Technologies (ST) is a contract research and manufacturing services (CRAMS) focused speciality chemical manufacturer in India. 
  • ST has seen its profitability grow and margins expand during the track record period. However, the company seems to have had a number of run-ins with the authorities.

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