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Open
6 May 2024
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Close
8 May 2024
3
Allotment
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Listing
Mon, May 13, 2024
Price Band
₹430 to ₹452
Issue Size
4,07,66,550 shares (agg. up to ₹1,842 Cr)
Lot Size
33 Shares
Listing Date
Mon, May 13, 2024
Latest GMP
₹275
Est. Gain
60.84%
✦ AI Insight
GMP Trend
13-05-2024₹275Est. ₹727+60.84%
12-05-2024₹307Est. ₹759+67.92%
11-05-2024₹300Est. ₹752+66.37%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 49.75x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 2,518.15 | 2,203.87 | 1,353.47 | 596.04 |
| Total Income | 1,969.75 | 2,364.10 | 1,690.50 | 996.92 |
| Profit After Tax | 241.90 | 266.10 | 162.82 | 149.41 |
| NET Worth | 1,327.00 | 1,063.72 | 763.90 | 324.51 |
| Reserves and Surplus | 1,282.65 | 1,019.43 | 763.55 | 324.19 |
| Total Borrowing | 399.33 | 394.34 | 18.24 | 24.76 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepaymentof indebtedness of one of the Material Subsidiaries, ILSL Holdings, Inc | 391.34 |
| 2 | Funding the capital expenditure requirements of the Company and one of the Material Subsidiaries, Indegene, Inc. | 102.92 |
| 3 | General Corporate Purposes and Inorganic Growth | 230.12 |
About Indegene IPO
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 categories Enterprise Commercial Solutions Omnichannel Activation Enterprise Medical Solutions Enterprise Clinical Solutions and consultancy services The 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.+ Read More
Contact Details
Indegene Ltd. AddressAspen Block G4, 3 rd FloorManyata Embassy, Business ParkOuter Ring Road, NagawaraBengaluru, Karnataka, 560045+91 80 4674 4567compliance.officer@indegene.comVisit Website