Windlas Biotech Limited

Windlas Biotech Limited IPO Review

Windlas Biotech Ltd, founded in 2001, is one of India’s leading contract development and manufacturing organisations (CDMO) for pharmaceutical formulations. From product discovery to product development, licencing, and commercial manufacturing of generic products, including complex generics, the company provides a wide range of CDMO services.

It additionally sells its own marked items in the exchange generics and OTC business sectors. The organization’s present spotlight is on the dispatch of intricate conventional items in the ongoing remedial classification identified with way of life related problems. The organization works in three portions: 1. CDMO items and administrations, 2. homegrown exchange generics, and 3. over-the-counter (OTC) market (nutraceutical and wellbeing supplement items).

Pfizer Ltd, Sanofi India Ltd, Cadila Healthcare Ltd, Emcure Pharmaceuticals Ltd, Eris Lifesciences Ltd, Intas Pharmaceuticals Ltd, and Systopic Laboratories Private Limited are a few of Windlas Biotech’s marquee clients. Its manufacturing facilities are located in Dehradun, and it has an established working capacity of 7,063.83 million tablets/cases and 54.46 million units.

Subscription Dates4 – 6 August 2021
Price BandINR448 – 460 per sshare
Fresh issueINR165 crore
Offer For Sale5,142,067 shares (INR230.36 – 236.53 crore)
Total IPO sizeINR395.36 – 401.53 crore
Minimum bid (lot size)30 shares
Face Value INR5 per share
Retail Allocation35%
Listing OnNSE, BSE
  

FY2019

FY2020

FY2021

Revenue

 

311.5

331.3

430.7

Expenses

 

284.2

299.2

387.2

Net income

 

63.7

16.0

15.9

Margin (%)

 

20.4

4.8

3.7

Earnings Per Share (EPS): INR8.70

Price/Earnings (PE ratio): 51.49 – 52.87

Return on Net Worth (RONW): 18.19%

Net Asset Value (NAV): INR109.36 per share

Date

Windlas Biotech IPO GMP

Kostak

Subject to Sauda

14 August 2021

INR80

13 August 2021

INR80

12 August 2021

INR75

11 August 2021

INR60

10 August 2021

INR70

Listing Performance of Windlas Biotech Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Windlas Biotech Limited

Aug 16, 2021

460

406.7

-11.59

NSE : WINDLAS

BSE :543329

ISIN CODE : INE0H5O01029

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IPO Opening Date: 4 August 2021

IPO Closing Date: 6 August 2021

Finalisation of Basis of Allotment: 11 August 2021

Initiation of refunds: 12 August 2021

Transfer of shares to

demat accounts: 13 August 2021

Listing Date: 16 August 2021

Windlas Biotech Limited

705-706, Vatika Professional Point, Sector-66, Golf Course Extension Road,

Gurgaon 122 001, Haryana

Phone: +91 124 2821030

Email: grievance@windlasbiotech.com

Website: www.windlasbiotech.com

Link Intime India Private Limited

C-101, 1st Floor,247 Park Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: windlas.ipo@linkintime.co.in

Website: www.linkintime.co.in

Category

Shares offered

Subscription (no. of times, at 5 PM)

Day 1

Day 2

Day 3

QIB

17,23,700

0.00

0.04

24.40

NII

13,23,766

0.34

1.11

15.73

Retail

30,88,786

6.12

13.40

24.10

 

 

 

 

 

Total

61,36,252

3.15

6.99

22.38

Windlas Biotech Limited IPO FAQ's

Windlas Biotech IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹401.54 Crores. The issue is priced at ₹448 to ₹460 per equity share. The minimum order quantity is 30 Shares.

.The initial public offering (IPO) begins on Aug 4, 2021 and ends on  Aug 6, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.




The Windlas Biotech IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.

Windlas Biotech IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.

Windlas Biotech IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The  Basis of Allotment for Windlas Biotech IPO will be done on Aug 11, 2021, and the allotted shares will be credited to your demat account by Aug 13, 2021. Check the Windlas Biotech IPO allotment status.

The Windlas Biotech IPO listing date is on Monday, August 16, 2021.

Windlas Biotech Limited IPO Comments