INDEGENE LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO INDEGENE LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Indegene Ltd.

Indegene Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹452
₹452
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹452
Based on GMP
Min. Investment
₹14,916
1 lot × 33 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 May 2024
Close Date
08 May 2024
Allotment
09 May 2024
Listing Date
13 May 2024
Exchange
NSE & BSE
Price Band
₹452
Listing Price
See chart
Allotment Status
Price Band
₹452
Per share
Face Value
₹2 per share
 
Lot Size
33 Shares
per lot
Issue Size
4,07,66,550 shares (aggregating up to ₹1,841.76 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,916
1 lot
Pre-IPO Holding
22,24,35,091 shares
Promoters
Post-IPO Holding
23,92,49,250 shares
Promoters
P/E (Pre)
37.78x
 
P/E (Post)
33.53x
 
EPS (Pre)
₹11.96
 
EPS (Post)
₹13.48
 
UPI Deadline
2024-05-08
Mandate
Anchor AllotmentFri, 03 May 2024
Basis of AllotmentThu, 09 May 2024
Refund InitiationFri, 10 May 2024
Demat CreditFri, 10 May 2024
Listing DayMon, 13 May 2024
UPI Mandate Deadline2024-05-08
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,68,33,818 shares (aggregating up to ₹760.52 Cr)
Offer for Sale2,39,32,732 shares of ₹2 (aggregating up to ₹1,081.24 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Indegene Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 May 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
40,766,550
100% ₹1,842.65
IPO Shares Offered
Indegene Ltd. IPO total issue size: ₹1,842.65 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 40,766,550 ₹1,842.65
100.00%
* Based on upper price band ₹452 per share
Lot Size & Investment
Lot Size
33
Shares per Lot
Issue Price
₹452.00
Upper Band
Min Investment
₹14,916
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)266₹29,832
Retail (Max — 13 Lots)13429₹193,908
S-HNI (Min — 14 Lots)14462₹208,824
B-HNI (Min — 68 Lots)682,244₹1,014,288
* Issue Price ₹452 × Lot Size 33 shares
IPO Schedule
Anchor
03 May 2024
✓ Done
IPO Open
06 May 2024
✓ Done
IPO Close
08 May 2024
✓ Done
Allotment
09 May 2024
✓ Done
Refunds
10 May 2024
✓ Done
Demat Credit
10 May 2024
✓ Done
Listing Day
13 May 2024
✓ Done
Indegene Ltd. — Live Price LIVE
₹452.00
INR · BSE
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Issue ₹452.00 Live Price
About Indegene Ltd.
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 categoriesEnterprise Commercial SolutionsOmnichannel ActivationEnterprise Medical SolutionsEnterprise Clinical Solutions and consultancy servicesThe 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.
Objects of the Issue
1
Repayment/prepayment of indebtedness of one of the Material Subsidiaries, ILSL Holdings, Inc.;
2
Funding the capital expenditure requirements of the Company and one of the Material Subsidiaries, Indegene, Inc.; and
3
General corporate purposes and inorganic growth.
Indegene Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,690.5
31 Mar 2022
₹2,364.1
31 Mar 2023
₹1,969.8
31 Dec 2023
Profit After Tax (PAT)
₹162.8
31 Mar 2022
₹266.1
31 Mar 2023
₹241.9
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 1969.75 2364.10 1690.50
EBITDA N/A N/A N/A
Profit After Tax (PAT) 241.90 266.10 162.82
Net Worth 1327.00 1063.72 763.90
Total Assets 2518.15 2203.87 1353.47
Reserves & Surplus 1282.65 1019.43 763.55
Borrowings 399.33 394.34 18.24
EBITDA Margin (%) N/A
PAT Margin (%) 12.62%
P/BV Ratio
7.55
RoNW
18.23%
PAT Margin
12.62%
Debt/Equity
0.30
Issue Structure & Shareholding
Total Shares Offered4,07,66,550 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding22,24,35,091 shares
Post-Issue Promoter Holding23,92,49,250 shares
P/BV Ratio7.55
RoEN/A
RoCEN/A
Debt / Equity0.30
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd.
Citigroup Global Markets India Pvt.Ltd.
JP Morgan India Pvt.Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Indegene Ltd. IPO subscribed?

Indegene Ltd. IPO is subscribed 1.00 times by May 08, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Indegene Ltd. IPO retail subscription status?

The Indegene Ltd. IPO retail category is subscribed 1.00 times as of 08 May 2024. The retail portion is oversubscribed.

How to subscribe Indegene Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 May 2024 and closes 08 May 2024. Min investment: ₹14,916 (1 lot = 33 shares). UPI mandate: 2024-05-08.

How many times Indegene Ltd. IPO subscribed?

The Indegene Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Indegene Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 May 2024. Refunds: on 10 May 2024.

When Indegene Ltd. IPO will be listed?

The Indegene Ltd. IPO listing date is 13 May 2024, Monday. Listed on: NSE & BSE. Issue price: ₹452. Estimated listing: ₹452. GMP: NIL.

When Indegene Ltd. IPO close?

The Indegene Ltd. IPO closes on 08 May 2024, Wednesday. UPI mandate: 2024-05-08. Allotment: 09 May 2024. Listing: 13 May 2024.