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Concord Biotech IPO Date, Review, Price, Allotment Details

Date:

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?

Concord Biotech IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When Concord Biotech IPO will open?

The IPO is to open on 2023 for QIB, NII, and Retail Investors.

What is Concord Biotech IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Concord Biotech IPO?

You can apply for Concord Biotech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Concord Biotech IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Concord Biotech”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Concord Biotech IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Concord Biotech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Concord Biotech IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Concord Biotech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Concord Biotech IPO Size?

Concord Biotech IPO size is ₹[.] crores.

What is Concord Biotech IPO Price Band?

Concord Biotech IPO Price Band is ₹[.] to ₹[.].

What is Concord Biotech IPO Minimum and Maximum Lot Size?

The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].

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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