Indegene Ltd
Price Range
₹430 - ₹452
Min. Quantity
33
Closes on
8 May 2024
Min. investment
₹14,916/429 Shares
Indegene Ltd IPO Timeline
Indegene Limited was incorporated as Indegene Lifesystems Private Limited' at Ahmedabad, Gujarat, as a Private Limited Company, dated October 16, 1998 at Ahmedabad. Subsequently, name of the Company was changed to Indegene Private Limited' and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Maharashtra at Mumbai on May 26, 2016. Thereafter, Company converted to a Public Company with change in name to Indegene Limited' on November 17, 2022.
| Event | Date |
|---|---|
| Indegene Ltd IPO Opening Date | 6 May 2024 |
| Indegene Ltd IPO Closing Date | 8 May 2024 |
| Basis of Allotment | 9 May 2024 |
| Initiation of Refunds | 10 May 2024 |
| Credit of Shares to Demat | 10 May 2024 |
| Indegene Ltd IPO Listing Date | 13 May 2024 |
Indegene Ltd IPO Details
| Indegene Ltd IPO Date | 6 May 2024 to 8 May 2024 |
| Indegene Ltd IPO Face Value | ₹2 per share |
| Indegene Ltd IPO Price | ₹430 to ₹452 per share |
| Indegene Ltd IPO Lot Size | 33 |
| Issue Size | Shares of ₹2 (aggregating up to ₹1,841.76 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹760 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹1,081.76 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 78,95,950 of the Net Offer |
| Retail Shares Offered | Not less than 1,44,60,759 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 61,97,468 of the Net Offer |
| Company Promoters |
Indegene Ltd IPO Lot Size
The Indegene Ltd IPO lot size is 33 shares. A retail-individual investor can apply for up to 13 lots (429 shares or ₹1,93,908).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 33 | ₹14,916 |
| Maximum | 13 | 429 | ₹1,93,908 |
- Strengths
- Risks
- Opportunities
- Domain expertise in healthcare.
- Robust digital capabilities and in-house developed technology portfolio.
- Track record of establishing long-standing client relationships.
- Global delivery model.
- Experienced management and motivated talent pool supported by marquee investors.
- Track record of creating value through acquisitions.
Company Financials
Indegene Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,220.3 | 1,095.9 | 137.90 |
| 03-2023 | 1,037.7 | 1,042.5 | 130.20 |
| 03-2022 | 850.1 | 864.5 | 132.70 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment of indebtedness of one of the subsidiaries (ILSL Holdings, Inc
- Funding the capital expenditure requirements of the company and the material subsidiary Indegene Inc
- General corporate purposes
Indegene Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Indegene Ltd IPO Subscription Status (Bidding Detail)
The Indegene Ltd IPO is subscribed 69.91 times on 8 May 2024 05:00:00 PM. The public issue subscribed 7.95 times in the retail category, 197.55 times in the QIB category, and 55.07 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 197.55 | 55.07 | 7.95 | 6.48 | 69.91 |
Indegene Ltd IPO Prospectus
Indegene Ltd IPO Listing Date
| Listing Date | 13 May 2024 |
| BSE Script | 544172 |
| NSE Symbol | INDGN |
| Listing In | BSE, NSE |
| ISIN | INE065X01017 |
| IPO Price | ₹452 |
| Face Value | ₹2 |
Company Contact Information
Aspen Block G4 3rd Flr ManyataEmbassy Busi. Park Nagawara,Bengaluru-560045
Phone: 91-80-4674 4567/+91-80-4644 7777
Email: compliance.officer@indegene.com
Website: www.indegene.com
Indegene Ltd IPO Registrar
Indegene Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Ltd
- Citigroup Global Markets India Pvt Ltd
- J.P. Morgan India Pvt Ltd
- Nomura Financial Advisory & Sec. (India) Pvt Ltd
FAQ
What is the issue size of Indegene Ltd IPO?
I have pre-applied for Indegene Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.