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Concord Biotech Ltd. Logo

Concord Biotech Ltd. IPO

Closed Bookbuilding IPO NSE & BSE Offer For Sale
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Issue Price ₹741
GMP —
Lot Size 20
Face Value ₹1
Issue Size 20,925,652 shares (aggregating up to ₹1,551 Cr)
Subscription —

IPO Timeline

Open Date4-Aug-23
Close Date8-Aug-23
Allotment11-Aug-23
Refund Initiation14-Aug-23
Demat Credit17-Aug-23
UPI Mandate Deadline8-Aug-23
Listing Date18-Aug-23
Lock-in (30%)10-Sep-23
Lock-in (50%)9-Nov-23

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
QIB — 10,457,825 (50%) — ₹77,492 Cr
NII (HNI) — 3,137,348 (15%) — ₹23,248 Cr
Retail — 7,320,479 (35%) — ₹54,245 Cr
Employee — 10,000 (0%) — ₹7 Cr
Σ  Total—20,925,652 (100%)—₹1,550,591 Cr

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹741
Face Value₹1
Lot Size20 shares
Issue Size20,925,652 shares (aggregating up to ₹1,551 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeOffer For Sale
Script Code—
Net Offer to Public—
Amount InCrore
Stock Price History · BSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)120₹14,820
Retail (Max)13260₹192,660
S-HNI (Min)14280₹207,480
B-HNI (Min)671,340₹992,940
Retail1 lot(s)20 shares₹14,820
S-HNI14 lot(s)280 shares₹207,480
B-HNI68 lot(s)1,360 shares₹1,007,760

Shareholding Pattern

Pre-Issue Shareholding—
Post-Issue Shareholding104,616,204 shares%
Reserved for Market Maker—

Financial Statements Amount in Crore

Metric 31 Mar 2021 31 Mar 2022 31 Mar 2023
Revenue 631 736 888
Profit After Tax 235 175 240
Net Worth 999 1,103 1,290
Total Assets 1,183 1,313 1,514
Total Borrowing 86 61 31

Valuation & Key Ratios

ROE20%
ROCE24%
RONW20%
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS₹21
Post EPS—
Pre P/E32
Post P/E—

Grey Market Premium (GMP)

— Current GMP

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

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Company Overview

Incorporated in 1984, Concord Biotech Limited is an India-based R&D-driven biopharma company. The company is ranked among the leading global developers and manufacturers of select fermentation-based APIs across immunosuppressants and oncology in terms of market share, based on volume in 2022.

Concord Biotech has a Global presence. They are supplying their products to over 70 countries including the USA, India, Europe, and Japan.

The company manufactures Active Pharmaceutical Ingredients (API) through fermentation & semi-synthetic process and finished formulations. It started with a single product and has grown to become a wide-spectrum solution provider.

Concord manufactures fermentation and semi-synthetic-based products in therapeutic segments such as Immunosuppressants, Anti-bacterial, Oncology, Antifungals & others. This wide range of products has attracted customers across the globe. Concord also has a robust pipeline of products under development.

Company Information

Address1482-86, Trasad Road Dholka, Ahmedabad – 382225 Ahmedabad, Gujarat