Concord Biotech IPO Details

IPO

DETAILS

Open Date

04 Aug 2023

08 Aug 2023

20 shares

₹1,551 Cr

Lot Size

IPO Size

Listing At

BSE, NSE

Listing  Date

Price Range

₹705 to ₹741 per share

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Close Date

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Allotment Date

11 Aug 2023

18 Aug 2023

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Concord Biotech Limited, founded in 1984, is an India-based R&D-driven biopharma firm.They sell their products in over 70 countries, including the United States, India, Europe, and Japan. The company manufactures Active Pharmaceutical Ingredients (API) through fermentation & semi-synthetic process and finished formulations. It started with a single product and has grown to become a wide-spectrum solution provider.

About the Company

The objectives of the Offer are to: Achieve the benefits of listing the Equity Shares on the Stock Exchanges  Carry out the Offer for Sale of up to 20,925,652 Equity Shares by the Selling Shareholder.

Objective

The book-running lead managers to the offer are: Kotak Mahindra Capital Company Ltd Citigroup Global Markets India Private Ltd  Jefferies India Private Ltd

Book Runners