Indegene Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 20,235,170 (50%) | — | ₹91,463 Cr |
| NII (HNI) | — | 6,070,552 (15%) | — | ₹27,439 Cr |
| Retail | — | 14,164,620 (35%) | — | ₹64,024 Cr |
| Employee | — | 296,208 (1%) | — | ₹134 Cr |
| Σ Total | — | 40,766,550 (100%) | — | ₹1,842,648 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 33 | ₹14,916 |
| Retail (Max) | 13 | 429 | ₹193,908 |
| S-HNI (Min) | 14 | 462 | ₹208,824 |
| B-HNI (Min) | 67 | 2,211 | ₹999,372 |
Financial Statements Amount in Crore
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,970 | 2,364 | 1,691 |
| Profit After Tax | 242 | 266 | 163 |
| Net Worth | 1,327 | 1,064 | 764 |
| Total Assets | 2,518 | 2,204 | 1,353 |
| Reserves & Surplus | 1,283 | 1,019 | 764 |
| Total Borrowing | 399 | 394 | 18 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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.; and –
- General corporate purposes and inorganic growth. –
Company Overview
Founded in 1998, Indegene Limited provides digital services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales/marketing support.
The company's services can be divided into following categories
- Enterprise Commercial Solutions
- Omnichannel Activation
- Enterprise Medical Solutions
- Enterprise Clinical Solutions and consultancy services
The subsidiary of the company, DT Associates Limited, provides consulting services under the "DT Consulting" brand. It helps life sciences companies manage their digital transformation efforts to ensure continued success in customer experience.
The company received the Platinum Level award at the 2023 Healthy Workplace Conference and Awards, a recognition given by Arogya World India Trust in partnership with the Public Health Foundation of India.
As of December 31, 2023, the company had 65 clients actively engaged with its services.
As of December 31, 2023, the company employed 5,181 people worldwide. Of these, 4,461 are based in India, 530 work in North America, 105 in Europe, 73 in China, and 12 in other regions.