Friday, May 10, 2024

Indegene IPO Date, Review, Price, Allotment Details

Indegene supplies digital-led commercialization products and services for the existence sciences trade, together with biopharmaceutical, rising biotech, and scientific units corporations, that lend a hand them with drug construction and medical trials, regulatory submissions, pharmacovigilance and proceedings control, and the gross sales and advertising in their merchandise. Their answers permit existence sciences corporations to increase merchandise, release them out there, and power gross sales via their existence cycle in a simpler, environment friendly, and fashionable way. They accomplish that via combining over 20 years of healthcare area experience and fit-forpurpose era. Their portfolio of answers covers all facets of business, scientific, regulatory, and R&D operations of existence sciences corporations.

They have established shopper relationships with each and every of the 20 greatest biopharmaceutical corporations on the earth via income for the Financial Year 2023 (Source: Everest Report), having earned greater than 69.00% in their overall income from operations for each and every of the 9 months ended December 31, 2023, and 2022 and the Financial Years 2023, 2022 and 2021 from those 20 shoppers. As of December 31, 2023, they’d a complete of 65 energetic purchasers (i.e., purchasers from whom they earned US$0.25 million or extra in revenues all over the 365 days previous the related date). They had 27 purchasers from whom they earned between US$1 million and US$10 million in revenues, 5 purchasers from whom they earned between US$10 million and US$25 million in revenues, and 3 purchasers from whom they earned greater than US$25 million in revenues, all over the 365 days ended December 31, 2023.

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Objects of the Issue

  • Repayment/prepayment of indebtedness of certainly one of our Material Subsidiaries, ILSL Holdings, Inc
  • Funding the capital expenditure necessities of our Company and certainly one of our Material Subsidiaries, Indegene Inc
  • General company functions and inorganic enlargement.

Indegene IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Indegene IPO Date & Price Band Details

IPO Open: May 6, 2024
IPO Close: May 8, 2024
IPO Size: Approx ₹1848.94 Crores
Fresh Issue: Approx ₹760 Crores
Offer for Sale: Approx ₹1088.94 Crores, 2,39,32,732  Equity stocks
Face Value: ₹2 Per Equity Share
IPO Price Band: ₹455 Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Indegene IPO Market Lot

The Indegene IPO minimal marketplace lot is [.] stocks with ₹[.] utility quantity. The retail buyers can observe up-to 13 so much with [.] stocks or ₹[.] quantity.

Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Indegene IPO Allotment & Listing Dates

The Indegene IPO date is May 6 and the shut date is May 8. The Indegene IPO allotment can be finalized on May 9 and the IPO record on May 13.

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Price Band Announcement: May 5, 2024
IPO Open Date: May 6, 2024
IPO Close Date: May 8, 2024
Basis of Allotment: May 9, 2024
Refunds: May 10, 2024
Credit to Demat Account: May 10, 2024
IPO Listing Date: May 13, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Indegene IPO Form

How to use for the Indegene IPO? You can observe for Indegene IPO by the use of ASBA to be had on your checking account. Just cross to the net financial institution login and observe by the use of your checking account via settling on the Indegene IPO within the Invest phase. The different choice is you’ll observe for Indegene IPO by the use of IPO bureaucracy downloaded by the use of NSE and BSE. Check out the Indegene bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and post on your financial institution or along with your dealer.

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Indegene Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹996.92 ₹768.25 ₹149.41
2022 ₹1690.50 ₹1417.10 ₹162.82
2023 ₹2364.10 ₹2001.05 ₹266.10
Dec 2023 ₹1969.75 ₹1644.64 ₹241.90

Indegene IPO Valuation – FY2023

Check Indegene IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹12.03 in step with Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 25.02%
Net Asset Value (NAV): ₹48.10 in step with Equity Share

Peer Group

  • The corporate is a professionally controlled corporate and does now not have an identifiable promoter.

Indegene IPO Registrar

Link Intime India Private Ltd
Phone: +91 81 0811 4949
Email: [email protected]
Website: https://linkintime.co.in/

Indegene IPO Allotment Status Check

Check Indegene IPO allotment standing on Linkintime web site allotment URL. Click Here

Indegene IPO Lead Managers aka Merchant Bankers

  • Kotak Mahindra Capital Company Limited
  • Citigroup Global Markets India Private Limited
  • J.P. Morgan India Private Limited
  • Nomura Financial Advisory and Securities (India) Private Limited

Company Address

Indegene Limited
Aspen Block G4, third Floor, Manyata Embassy Business Park,
Outer Ring Road, Nagawara, Bengaluru 560 045, Karnataka
Phone: +91 80 4674 4567
Email: [email protected]
Website: www.indegene.com

Indegene IPO FAQs

What is Indegene IPO?

Indegene IPO is a main-board IPO. They are going to elevate ₹184 8.94 Crores by the use of IPO. The factor is priced at ₹455 pr fairness percentage. The IPO is to be indexed on BSE & NSE.

When Indegene IPO will open?

The IPO is to open on May 6, 2024 for QIB, NII, and Retail Investors.

What is Indegene IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Indegene IPO?

You can observe for Indegene IPO by the use of ASBA on-line by the use of your checking account. You too can observe for ASBA on-line by the use of UPI via your inventory agents. You too can observe by the use of your inventory agents via filling up the offline shape.

How to Apply the Indegene IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Indegene”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Indegene IPO via Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Indegene”. Click on Bid Button. Confirm your Application. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Indegene IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Indegene”. Click on Bid Button. Confirm your Application. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Indegene IPO Size?

Indegene IPO measurement is ₹1848.94 crores.

What is Indegene IPO Price Band?

Indegene IPO Price Band is ₹455.

What is Indegene IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

What is the Indegene IPO Allotment Date?

Indegene IPO allotment date is May 9, 2024.

What is the Indegene IPO Listing Date?

Indegene IPO record date is May 13, 2024. The IPO is to checklist on BSE and NSE.

Note: The Indegene IPO value band and date don’t seem to be formally introduced but. The IPO gray marketplace top rate (Indegene IPO Premium) can be added to the IPO gray marketplace web page as it is going to get started).



– Source : IPOWATCH

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