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Indegene Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 1841.76

Price Range (₹)

₹ 452

Lot Size

33

Min Investment (₹)

₹ 14,916.00

Listing Exchange

MumbaiNSE

Open Date

06-May-2024

Close Date

08-May-2024

Listing Date

13-May-2024

Latest IPO News

Price Performance

1 Week1.13
1 Month-4.53
3 Month-5.56
6 Month6.46

Indegene Ltd IPO Details

Initial public offering of 40,766,550* equity shares of face value of Rs. 2 each (Equity Shares) of Indegene Limited (The Company or the Company) for cash at a price of Rs. 452 per equity share (including a premium of Rs. 450 per equity share) (Offer Price) aggregating Rs. 1841.76 crores* (the Offer) comprising a fresh issue of 16,833,818* equity shares aggregating to Rs. 760.00 crores (the Fresh Issue) and an offer for sale of 23,932,732* equity shares aggregating to Rs. 1081.76 crores* (the Offer for Sale), consisting of 1,118,596* equity shares aggregating to Rs. 50.56 crores* by Manish Gupta, 3,233,818* equity shares aggregating to Rs. 146.17 crores* by Rajesh Bhaskaran Nair, 1,151,454* equity shares aggregating to Rs. 52.05 crores* by Anita Nair (collectively with Manish Gupta and Rajesh Bhaskaran Nair, the Individual Selling Shareholders), 3,600,000* equity shares aggregating to Rs. 162.72 crores* by Vida Trustees Private Limited, 2,657,687* equity shares aggregating to Rs. 120.13 crores* by BPC Genesis Fund I SPV, Ltd, 1,378,527* equity shares aggregating to Rs. 62.31 crores* by BPC Genesis Fund I-A SPV, Ltd. and 10,792,650* equity shares aggregating to Rs. 487.83* crores by CA Dawn Investments (collectively with Vida Trustees Private Limited, BPC Genesis Fund I SPV, Ltd and BPC Genesis Fund I-A SPV, Ltd., the Investor Selling Shareholders and collectively with the individual selling shareholders, the Selling Shareholders and such equity shares, the Offered Shares). The offer includes a reservation of 296,208* equity shares, aggregating to Rs. 12.50 crores (constituting 0.12%* of the post-offer paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The company, in consultation with the brlms offered a discount of Rs. 30 per equity share) to eligible employees who bid in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constitute 17.04%* and 16.91%* of the post-offer paid-up equity share capital of the company. *Subject to finalisation of basis of allotment

Objective of issue

Repayment/prepayment of indebtedness of one of the subsidiaries (ILSL Holdings, Inc. Funding the capital expenditure requirements of the company and the material subsidiary Indegene Inc. General corporate purposes.

Indegene Ltd Contact Details

Indegene Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance.officer@indegene.com

Website - www.indegene.com