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Indegene IPO date, review, price, allotment details

Indegene provides digitally led commercialization services for the life sciences industry, including biopharmaceutical, emerging biotech and medical device companies, helping them with drug development and clinical trials, regulatory submissions, pharmacovigilance and complaint management, and the sales and marketing of their Products . Their solutions enable life sciences companies to develop, market and drive sales throughout their lifecycle in a more effective, efficient and modern way. They achieve this by combining more than twenty years of healthcare expertise with appropriate technology. Their portfolio of solutions covers all aspects of commercial, medical, regulatory and R&D activities of life sciences companies.

They have built customer relationships with each of the 20 largest biopharmaceutical companies in the world by revenue for fiscal year 2023 (source: Everest Report), achieving more than 69.00% of their total revenue from operations for each of the nine months ending in December. 31, 2023 and 2022 and the financial years 2023, 2022 and 2021 of these 20 customers. As of December 31, 2023, they had a total of 65 active customers (i.e. customers from whom they earned US$0.25 million or more in revenue in the twelve months preceding the relevant date). They had 27 customers from whom they earned between $1 million and $10 million in revenue, five customers from whom they earned between $10 million and $25 million in revenue, and three customers from whom they earned more than $25 million in revenue . , during the twelve months ending December 31, 2023.

Objects of the issue

  • Repayment/prepayment of debts of one of our major subsidiaries, ILSL Holdings, Inc
  • Financing the capital expenditures of our company and one of our major subsidiaries, Indegene Inc
  • General corporate purposes and inorganic growth.

Indegene IPO Review (apply or not)

Brokerage IPO Rating

  • Capital market: Will be updated soon
  • Religious real estate agency: Will be updated soon
  • Hem Effects: Will be updated soon
  • Arihant capital: Will be updated soon

Indegene IPO date and price band details

IPO opened: May 6, 2024
Close IPO: May 8, 2024
IPO size: About ₹1841.76 Crores
New number: About ₹760 Crores
Offer for sale: About ₹1081.76 Crores,
2,39,32,732 Shares
Nominal value: ₹2 Per share of stock
IPO price range: ₹430 to ₹452 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
List of anchor investors: click here

Indegene IPO market lot

The minimum market lot of Indegene IPO consists of 33 shares with an application amount of ₹14,916. The retail investors can apply for a maximum of 13 lots of 429 shares or an amount of ₹193,908.

Application Lot size Shares Quantity
Retail minimal 1 33 ₹14,916
Retail Maximum 13 429 ₹193,908
S-HNI minimum 14 462 ₹208,824
B-HNI minimum 68 2,244 ₹1,014,288

Indegene IPO allocation and listing dates

Indegene’s IPO date is May 6 and the closing date is May 8. The allocation of Indegene’s IPO will be completed on May 9 and the stock exchange listing on May 13.

Date anchor investors: May 5, 2024
IPO opening date: May 6, 2024
IPO closing date: May 8, 2024
Basis of assignment: May 9, 2024
Refunds: May 10, 2024
Credit to Demat account: May 10, 2024
IPO listing date: May 13, 2024

You can check the IPO subscription status and IPO allotment status on their respective pages.

Indegene IPO form

How to apply for Indegene’s IPO? You can apply for Indegene’s IPO through ASBA, available in your bank account. Simply go to the online bank login and apply via your bank account by selecting the Indegene IPO from the Invest section. The other option is that you can apply for Indegene IPO through IPO forms downloaded from NSE and BSE. View the Indegene forms – Click on BSE forms and NSE forms. Download blank IPO forms, complete them and submit them to your bank or to your broker.

Financial report of Indegene Company

€ in Crores
Year Gain Cost PAT
2021 ₹996.92 ₹768.25 €149.41
2022 ₹1690.50 ₹1417.10 €162.82
2023 ₹2364.10 ₹2001.05 ₹266.10
December 2023 ₹1969.75 ₹1644.64 ₹241.90

Indegene IPO Valuation – FY2023

View the details of Indegene’s IPO valuations, such as earnings per share (EPS), price-to-earnings ratio, return on net worth (RoNW) and net asset value (NAV).

Earnings per share (EPS): ₹12.03 per share of stock
Price/earnings ratio: N/A
Return on Net Worth (RoNW): 25.02%
Net asset value (NAV): ₹48.10 per share of stock

Age group

  • The company is professionally run and has no 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 the allotment status of Indegene IPO on the allotment URL of Linkintime website. click here

Indegene IPO Lead Managers, also known as Merchant Bankers

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

Company Address

Indegene Limited
Aspen Block G4, 3rd Floor, Manyata Embassy Business Park,
Outer Ring Road, Nagawara, Bengaluru 560 045, Karnataka
Telephone: +91 80 4674 4567
E-mail: (email protected)
Website: www.indegene.com

Frequently asked questions about Indegene’s IPO

What is Indegene IPO?

Indegene IPO is a motherboard IPO. They are going increase ₹1841.76 Crores through IPO. The problem is priced at ₹430 to ₹452 per treasury share. The IPO must take place listed on BSE & NSE.

When will Indegene’s IPO open?

The IPO starts May 6, 2024 for QIB, NII and private investors.

What is the Indegene IPO Investors section?

The investor part for QIB is 50%, NII is 15%And Retail is 35%.

How to apply the Indegene IPO?

You can apply for Indegene IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stock brokers. You can also apply through your stock brokers by filling the offline form.

How to apply the Indegene IPO via Zerodha?

Log in to Console on the Zerodha website or application. Go to Portfolio and click on IPO. You will see the IPO name “Indegene”. Click on the bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI App on Net Banking or BHIM App to approve the authorization. Open a Demat account with Zerodha.

How do you apply the Indegene IPO via Upstox?

Log in to the Upstox application with your login details. Select the IPO. You will see the IPO name “Indegene”. Click on the bid button. Confirm your request. Now go to your UPI App on Net Banking or BHIM App to approve the authorization. Open a Demat account with Upstox.

How to Apply for Indegene IPO via Paytm Money?

Log in to Paytm Money Application with your login details. Select the IPO. You will see the IPO name “Indegene”. Click on the bid button. Confirm your request. Now go to your UPI App on Net Banking or BHIM App to approve the authorization. Open a Demat account with Paytm Money.

What is Indegene’s IPO size?

Indegene IPO size is ₹1841.76 crores.

What is Indegene’s IPO price band?

Indegene IPO price band is ₹430 to ₹452.

What is the allotment date for Indegene’s IPO?

The allotment date for Indegene’s IPO is May 9, 2024.

What is Indegene’s IPO date?

Indegene IPO listing date is May 13, 2024. The IPO will be listed on BSE and NSE.

Note: The price range and date of the Indegene IPO have been officially announced. The IPO gray market premium (Indegene IPO Premium) will be added to the IPO gray market page once it starts).