Concord Biotech Limited

Company Profile
Company Name Concord Biotech Limited
Open Date 04-08-2023
Close Date 08-08-2023
Exchange NSE BSE
Lot Size 20 Shares
Issue Price ₹705 to ₹741 per share
Issue Size 2,09,25,652 shares
Application Amount Min. Inv. - ₹ 14,820 (20 shares) Max. Inv. - ₹ 1,92,660 (260 shares)
Recommendation Apply

Company was incorporated in the year 1984 and has its registered office in Gujarat.  Company is an India-based biopharma company.  The company manufactures (i) bio-pharmaceutical APIs through fermentation and semi-synthetic processes, across the therapeutic areas of immunosuppressants, oncology and anti-infectives; and (ii) formulations,

The company supplies to over 70 countries including regulated markets, such as the United States, Europe and Japan, and India.  As on March 31, 2023, Company has 1,234 employees as on payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 1,18,254.60 1,31,279.50 1,51,398.40
Net Assets 99,937.30 1,10,322.30 1,29,000
Total Borrowings 8,634.90 6,058.60 3,123.60
Total Revenue 63,075.00 73,634.90 88,847.70
Profit After Tax 23,488.70 17,492.90 24,008.40

Tentative Timeline

Opening Date 04/08/2023
Closing Date 08-08-2023
Basis of Allotment 11-08-2023
Initiation of Refunds 14-08-2023
Credit of Shares to Demat 17-08-2023
Listing Date 18-08-2023

Objects of the Issue

Achieve the benefits of listing the equity shares
Carry out Offer for Sale

Contact Information

Registered Office Concord Biotech Limited 1482-86, Trasad Road Dholka, Ahmedabad – 382225
Phone 079-6813 8700
Email complianceofficer@concordbiotech.com
Website http://www.concordbiotech.com/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email concordbiotech.ipo@linkintime.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue

Shareholding Pattern

Pre Issue Share Holding (Promoters) 44.08%
Post Issue Share Holding (Promoters) 24.65%

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