Indegene
Indegene Info
Details about the Indegene IPO. Opening Date of Indegene is 06 May 24 and Closing Date is 08 May 24 . Face Value of Each share of Indegene is ₹2 per share. Price band of Indegene is ₹430 to ₹452. The Lot size of Indegene is 33 shares. Total issue size of Indegene IPO is ₹1841.76 cr. Fresh Issue of Indegene IPO is 760 cr. Indegene IPO also includes offer for sale of ₹1,081.76 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Indegene is 222,435,091. Share Holding Post Issue of Indegene is 239,249,250.
Business Summary
Indegene provide digital-led commercialization services for the life sciences industry, including biopharmaceutical, emerging biotech and medical devices companies, that assist them with drug development and clinical trials, regulatory submissions, pharmacovigilance and complaints management, and the sales and marketing of their products.
Company has combine over two decades of healthcare domain expertise and the technology platforms to provide solutions that assist life science companies in clinical trials, support their regulatory and safety operations, aid in the launch of their products in the market and drive sales and marketing through the life cycle of their products.
Company's portfolio of solutions covers all aspects of commercial, medical, regulatory and R&D operations of life sciences companies. As of December 31, 2023, Indegene had 65 active clients whom they cater to from six operation hubs and 17 offices located across North America, Europe and Asia
Indegene IPO Details
| Open Date | 06 May 24 |
|---|---|
| Close Date | 08 May 24 |
| Face Value | ₹2 per shares |
| Price Band | ₹430 - ₹452 |
| Lot Size | 33 Shares |
| Employee Discount | ₹30 per Shares |
| Total issue Size | 40,746,891 Shares ₹1841.76 cr |
| Fresh Issue | 16,814,159 Shares ₹760 cr |
| Offer for Sale | 23,932,732 Shares (₹1,081.76 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 222,435,091 |
| Share Holding Post Issue | 239,249,250 |
| RHP , DHRP | View RHP, View DRHP |
Indegene IPO Timeline
The Indegene Initial Public Offering (IPO) is set to open on 06 May 24 and will end its subscription phase on 08 May 24. You can check your allotment status for Indegene on 09 May 24. The refund process for your funds will start promptly on 10 May 24. Indegene IPO credit of shares will be on 10 May 24. The listing date for Indegene is on 13 May 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Indegene IPO Reservation
The Indegene IPO reserves shares for different investor categories. Approximately Not More than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not More than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Indegene IPO Lot Size
Bids can be made for minimum of 33 shares and in multiple of 33 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 33 | 14,916 |
| Retail (Max) | 13 | 429 | 193,908 |
| S-HNI (Min) | 14 | 462 | 208,824 |
| S-HNI (Max) | 67 | 2,211 | 999,372 |
| B-HNI (Min) | 68 | 2,244 | 1,014,288 |
Indegene IPO Promoters Holding
Promoters holding details for Indegene in the current issue is as follows: The share holding of promoters before the issue stands at 30.71%, and after the issue, it has been adjusted to -%.
Promoters of Indegene are DOES NOT HAVE AN IDENTIFIABLE PROMOTER,
| Share Holding Pre Issue | 30.71% |
|---|---|
| Share Holding Post Issue | -% |
Indegene Financial Information
Financial performance details for Indegene over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 2,518.15 | 2,203.87 | 1,353.47 | 596.04 |
| Revenue | 1,969.75 | 2,364.1 | 1,690.5 | 996.92 |
| Profit After Tax | 241.9 | 266.1 | 162.82 | 149.41 |
Indegene IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Indegene are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 37.78 |
| RoNW | 18.23% |
| EPS (Rs) | 11.96 |
Object of the Issue
- • Repayment/prepayment of indebtedness of one of the Material Subsidiaries, ILSL Holdings, Inc.
- • Funding the capital expenditure requirements of the Company and one of the Material Subsidiaries, Indegene, Inc.
- • General corporate purposes and inorganic growth
Contact Details for Indegene
Phone
Office
Aspen Block G4, 3 rd Floor, Manyata Embassy Business Park, Outer Ring Road, Nagawara Bengaluru 560 045
Registrar Details for Indegene
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Fedex Securities Pvt Ltd