The drug maker Alkem Laboratories is planning to raise an estimated Rs 1,500-3,500 crore through an initial public offering.

The company is expected to be valued at around Rs 15,000 crore with this offer.

Alkem was founded in 1973 and began its operations as a healthcare marketing company, it is having its head quartered Mumbai.

The company has a significant presence in the country and planning to expand its footprint internationally.

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