Indegene IPO status, Date, Review, Price, Allotment Details
Are you ready to dive into the world of IPOs and explore the exciting opportunity presented by the upcoming Indegene IPO? If you’re considering investing or simply seeking to expand your knowledge on this trending topic, you’re in the right place! In this blog post, we will provide an in-depth review of the Indegene IPO, covering everything from the company’s financial report to its listing dates. Stay tuned for valuable insights and essential details that will help you make informed decisions regarding this highly anticipated offering.
Indegene IPO Review (Apply or Not)
Considering the Indegene IPO for your investment portfolio? It’s essential to conduct a thorough review before making any decisions. The company’s performance, market positioning, and future growth prospects are key factors to evaluate. Assessing the IPO price band in comparison to industry standards can help determine if it aligns with your financial goals.
Additionally, analyzing the demand for the IPO among investors and expert recommendations from brokerage firms can provide valuable insights. Understanding the risks associated with investing in an IPO is crucial to make an informed choice. Conducting due diligence on Indegene’s business model, competitive landscape, and management team can offer a comprehensive view of its potential success post-listing.
Weighing all these factors will empower you to decide whether applying for the Indegene IPO suits your investment strategy and risk tolerance level.
Brokerage Firm IPO Review
When considering investing in an IPO, seeking the opinion of brokerage firms can provide valuable insight into the potential performance of the offering. Brokerage firms analyze various aspects of the company, such as its financial health, market positioning, and growth prospects. Their reviews often include recommendations on whether investors should apply for the IPO or not based on these factors.
These reviews can help investors make informed decisions about participating in an IPO. Additionally, brokerage firms may also offer insights into the pricing of the shares and whether they believe it is justified based on the company’s fundamentals. It’s essential to consider multiple brokerage firm reviews to get a well-rounded understanding of market sentiment towards an IPO.
Indegene IPO Date & Price Band Details
Are you considering investing in the upcoming Indegene IPO? Well, here are some key details you need to know about the IPO date and price band. The company has announced that the IPO will open on [Date] and close on [Date], giving investors a limited window to participate in this exciting opportunity.
Indegene IPO | Date & Price |
---|---|
IPO Open: | May 6, 2024 |
IPO Close: | May 8, 2024 |
IPO Size: | Approx ₹1841.76 Crores |
Fresh Issue: | Approx ₹760 Crores |
Offer for Sale: | Approx ₹1081.76 Crores, 2,39,32,732 Equity shares |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹430 to ₹452 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 |
The price band for the Indegene IPO is set at [Price Range] per share. This range provides potential investors with an idea of how much they can expect to pay for each share if they decide to invest in the company. It’s essential to consider this pricing information carefully before making your investment decision.
Keep an eye out for any updates or changes regarding the IPO dates or price band as these details may be subject to adjustments leading up to the opening day. Stay informed and do your research to make a well-informed decision when it comes to participating in the Indegene IPO offering.
Indegene IPO Market Lot
The market lot for the upcoming Indegene IPO is yet to be officially announced. The market lot refers to the minimum number of shares that investors can apply for in an initial public offering. It plays a crucial role in determining how many shares an investor can bid for and at what price.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 33 | ₹14,916 |
Retail Maximum | 13 | 429 | ₹193,908 |
S-HNI Minimum | 14 | 462 | ₹208,824 |
B-HNI Minimum | 68 | 2,244 | ₹1,014,288 |
Investors eagerly await this information as it helps them plan their investment strategy accordingly. The market lot can vary from one IPO to another based on factors such as the size of the issue, company valuation, and demand from investors.
Having clarity on the market lot allows potential investors to calculate their investment amount and assess their risk appetite before participating in the IPO. Stay tuned for updates on the Indegene IPO market lot once it is disclosed by the company or regulatory authorities.
Indegene IPO Allotment & Listing Dates
The allotment date for the highly anticipated Indegene IPO is eagerly awaited by investors who have shown keen interest in the company’s growth prospects. This crucial date will determine the number of shares allocated to each investor based on their subscription amount.
Anchor Investors Date: | May 5, 2024 |
IPO Open Date: | May 6, 2024 |
IPO Close Date: | May 8, 2024 |
Basis of Allotment: | May 9, 2024 |
Refunds: | May 10, 2024 |
Credit to Demat Account: | May 10, 2024 |
IPO Listing Date: | May 13, 2024 |
Following the allotment process, investors will turn their attention to the listing date, where the newly issued shares will make their debut on the stock exchange. The listing date marks a significant milestone for Indegene as it transitions from being a private company to a publicly traded entity. Investors and analysts alike will closely monitor how the stock performs on its listing day, gauging market sentiment and investor appetite for Indegene’s potential. Stay tuned for updates on these important dates as they approach!
Indegene IPO Form
Are you considering investing in the upcoming Indegene IPO? If so, you’ll need to fill out the IPO form to participate in this exciting opportunity. The Indegene IPO form will contain all the necessary details about the company, including its financial performance, growth prospects, and valuation.
Make sure to carefully read through the information provided in the Indegene IPO form before making your investment decision. This document will give you valuable insights into the company’s business model and future plans. Additionally, filling out the form accurately and completely is crucial for ensuring a smooth application process.
Whether you’re a seasoned investor or new to the world of IPOs, taking the time to review and understand the Indegene IPO form is essential for making informed investment choices. Stay tuned for updates on how and where to access this important document as we get closer to the IPO launch date!
Indegene Company Financial Report
Indegene’s financial report showcases a robust performance, reflecting the company’s steady growth trajectory. The revenue figures demonstrate consistent upward momentum, indicating a strong market presence and customer base. Profit margins have shown resilience amidst competitive landscapes, highlighting efficient operational strategies and sound financial management.
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹996.92 | ₹768.25 | ₹149.41 |
2022 | ₹1690.50 | ₹1417.10 | ₹162.82 |
2023 | ₹2364.10 | ₹2001.05 | ₹266.10 |
Dec 2023 | ₹1969.75 | ₹1644.64 | ₹241.90 |
The balance sheet reveals healthy liquidity positions and solid asset quality, underlining Indegene’s stability and sustainability. Investment in research and development is evident from the increased expenditure on innovation, positioning the company for future growth opportunities. Debt-to-equity ratios are well-managed, showcasing prudent financial planning and risk mitigation measures.
Indegene IPO Valuation – FY2023
Indegene’s IPO valuation for FY2023 is a critical aspect that investors are closely examining. The company’s financial performance, market positioning, and growth potential all play a significant role in determining its valuation.
Earning Per Share (EPS): | ₹12.03 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 25.02% |
Net Asset Value (NAV): | ₹48.10 per Equity Share |
Investors will be looking at key metrics such as revenue growth, profit margins, and EBITDA to assess the company’s worth. Additionally, factors like industry trends, competition analysis, and future projections will also influence how Indegene is valued in the market.
Valuation models such as discounted cash flow (DCF), price-to-earnings (P/E) ratio, and comparable company analysis will be used to determine the fair value of Indegene’s shares. These methods help investors gauge whether the IPO price is justified based on the company’s financial health and growth prospects.
Understanding Indegene’s valuation for FY2023 is crucial for making informed investment decisions during its initial public offering.
Company Promoters
The company is a professionally managed company and does not have an identifiable promoter.
Indegene IPO Registrar
Link Intime India Private Ltd
Phone: +91 81 0811 4949
Email: indegene.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Indegene IPO Lead Managers aka Merchant Bankers
Kotak Mahindra Capital Company Limited
Citigroup Global Markets India Private Limited
J.P. Morgan India Private Limited
Nomura Financial Advisory and Securities (India) Private Limited
Company Address
Indegene Limited
Aspen Block G4, 3rd Floor, Manyata Embassy Business Park,
Outer Ring Road, Nagawara, Bengaluru 560 045, Karnataka
Phone: +91 80 4674 4567
Email: compliance.officer@indegene.com
Website: www.indegene.com
FAQs about Indegene IPO
What is Indegene IPO?
Indegene IPO is a main-board IPO. They are going to raise ₹1841.76 Crores via IPO. The issue is priced at ₹430 to ₹452 per equity share. The IPO is to be listed on BSE & NSE.
What is Indegene IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
When Indegene IPO will open?
The IPO is to open on May 6, 2024 for QIB, NII, and Retail Investors.
How to Apply the Indegene IPO?
You can apply for Indegene 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.
What is Indegene IPO Size?
Indegene IPO size is ₹1841.76 crores.
What is Indegene IPO Price Band?
Indegene IPO Price Band is ₹430 to ₹452.
What is the Indegene IPO Listing Date?
Indegene IPO listing date is May 13, 2024. The IPO is to list on BSE and NSE.