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Concord Biotech Limited
Issue Size (Net)
up to Rs.1,551.00 Cr
Price Band
Rs.705 to Rs.741 per share
Issue Opens
04-Aug-23
Issue Closes
08-Aug-23

Company Highlights

1.Company Information

Incorporated in 1984, Concord Biotech Limited is an India-based R&D-driven biopharma company. The company is ranked among the leading global developers and manufacturers of select fermentation-based APIs across immunosuppressants and oncology in terms of market share, based on volume in 2022.Concord Biotech has a Global presence. They are supplying their products to over 70 countries including the USA, 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.

Concord manufactures fermentation and semi-synthetic-based products in therapeutic segments such as Immunosuppressants, Anti-bacterial, Oncology, Antifungals & others. This wide range of products has attracted customers across the globe. Concord also has a robust pipeline of products under development.

2. Key Strengths

1. 1.Established presence across the complex fermentation value chain

2.Global leadership in immunosuppressant APIs along with a wide spectrum of complex fermentation-based APIs across multiple therapeutic areas;

3. Scaled manufacturing facilities with a consistent regulatory compliance track record and supported by strong R&D capabilities

4. Diversified global customer base with long-standing relationships with key customers;

3.Concord Biotech IPO Registrar
Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email:  concordbiotech.ipo@linkintime.co.in

Website:   https://linkintime.co.in/mipo/ipoallotment.html

Concord Biotech IPO Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
31-Mar-21
1,182.55
630.75
234.89
999.37
86.35
31-Mar-22
1,312.80
736.35
174.93
1103.22
60.59
31-Mar-23
1513.98
888.48
240.08
1,290.00
31.24
Amount in Rs. Crore

Concord Biotech IPO Details

Issue Opening Date
04 Aug-23
Issue Closing Date
08 Aug-23
Face Value
Rs.1 per share
Price
Rs.705 to Rs.741 per share
Lot Size
20 Shares
Issue Size
20,925,652 shares (aggregating up to Rs.1,551.00 Cr)
Fresh Issue
[.]
Offer for Sale
20,925,652 shares of Rs.1 (aggregating up to Rs.1,551.00 Cr)
Issue Type
Book Built Issue IPO
Employee Discount
Rs 70 per share
Listing At
BSE, NSE

Concord Biotech IPO Timetable (Tentative)

Opening Date
Friday, 4 August 2023
Closing Date
Tuesday, 8 August 2023
Basis of Allotment
Tuesday, 8 August 2023
Initiation of Refunds
Monday, 14 August 2023
Credit of Shares to Demat
Thursday, 17 August 2023
Listing Date
Friday, 18 August 2023
Cut-off time for UPI mandate confirmation
5 PM on Aug 8, 2023

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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