Concord Biotech Limited is a R&D driven biopharma Company based in Ahmedabad. They are one of the leading globale developers and manufaturer of Active Pharmaceutical Ingredients (API) through fermentation & semi-synthetic process and finished formulations. Concord Biotech has global presence in more than 70 countries worldwide with efficient distribution infrastructure in markets like the USA, Europe, Japan, Latin America, Africa, Asia, besides significant presence in Indian market. Concord is actively expanding its horizons by partnering with leading global pharmaceutical companies by meeting their product development needs for APIs & finished formulations.
They have six fermentation-based immunosuppressant APIs, including tacrolimus, mycophenolate mofetil, mycophenolate sodium, cyclosporine, sirolimus and pimecrolimus. Their aim to continue to grow their immunosuppressant API portfolio, which will remain one of the key contributors to the API business in the near future. In addition to our immunosuppressant API portfolio, they aim to increase APIs sales across other therapeutic areas, especially the (i) Anti-infective APIs. Our anti-infective APIs (ii) Oncology drug APIs. They offer six oncology drug APIs, including temsirolimus, everolimus, romidepsin, mitomycin, dactinomycin and midostaurin.
As of March 31, 2022, they had 22 API products. They have three manufacturing facilities in the state of Gujarat, India. They have established two DSIR-approved R&D units with 163 members as of March 31, 2022. They have over 200 customers in over 70 countries as of March 31, 2022 for their APIs and formulations.
They also entered into long-term supply agreements with some of our customers. Their API customers include Intas Pharmaceuticals Limited and Glenmark Pharmaceuticals Limited.
Objects of the Issue
Concord Biotech IPO Review (Apply or Not)
- To be updated soon
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Concord Biotech IPO Date & Price Band Details
IPO Open: | 2023 |
IPO Close: | 2023 |
IPO Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx ₹[.] Crores |
Offer for Sale: | Approx 20,925,652 Equity Shares |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] 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 |
Anchor Investors List: | Click Here |
Concord Biotech IPO Market Lot
The Concord Biotech IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Concord Biotech IPO Allotment & Listing Dates
The Concord Biotech IPO date is 2023 and the close date is 2023. The Concord Biotech IPO allotment will be finalized on 2023 and the IPO listing on 2023.
Price Band Announcement: | 2023 |
Anchor Investors Allotment: | 2023 |
IPO Open Date: | 2023 |
IPO Close Date: | 2023 |
Basis of Allotment: | 2023 |
Refunds: | 2023 |
Credit to Demat Account: | 2023 |
IPO Listing Date: | 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Concord Biotech IPO Form
How to apply for the Concord Biotech IPO? You can apply for Concord Biotech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Concord Biotech IPO in the Invest section. The other option is you can apply for Concord Biotech IPO via IPO forms downloaded via NSE and BSE. Check out the Concord Biotech forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Concord Biotech Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹544 | ₹330 | ₹169 |
2021 | ₹631 | ₹318 | ₹235 |
2022 | ₹736 | ₹495 | ₹175 |
Concord Biotech IPO Valuation – FY2022
Check Concord Biotech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹16.72 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 16.64% |
Net Asset Value (NAV): | ₹105.45 per Equity Share |
Peer Group
- Divi’s Laboratories Limited
- Suven Pharmaceuticals Limited
- Laurus Labs Limited
- Shilpa Medicare Limited
- SUDHIR VAID
- ANKUR VAID
Concord Biotech IPO Registrar
Link Intime India Private Limited
Tel: +91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Concord Biotech IPO Allotment Status Check
Check Concord Biotech IPO allotment status on Linkintime website allotment URL. Click Here
Concord Biotech IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Company Limited
- Citigroup Global Markets India Private Limited
- Jefferies India Private Limited
Company Address
Concord Biotech Limited
1482-86, Trasad Road, Dholka,
Ahmedabad – 382225, Gujarat, India
E-mail: [email protected]
Website: www.concordbiotech.com
Concord Biotech IPO FAQs
What is Concord Biotech IPO?
When Concord Biotech IPO will open?
What is Concord Biotech IPO Investors Portion?
How to Apply the Concord Biotech IPO?
How to Apply the Concord Biotech IPO through Zerodha?
How to Apply the Concord Biotech IPO through Upstox?
How to Apply the Concord Biotech IPO through Paytm Money?
What is Concord Biotech IPO Size?
What is Concord Biotech IPO Price Band?
What is Concord Biotech IPO Minimum and Maximum Lot Size?
What is the Concord Biotech IPO Allotment Date?
Concord Biotech IPO allotment date is 2023.
What is the Concord Biotech IPO Listing Date?
Concord Biotech IPO listing date is 2023. The IPO is to list on BSE and NSE.
Note: The Concord Biotech IPO price band and date are not officially announced yet. The IPO grey market premium (Concord Biotech IPO Premium) will be added to the IPO grey market page as it will start).
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- Source: https://ipowatch.in/concord-biotech-ipo-date-review-price-allotment-details/