Indigene Limited is the next company that is eyeing the Initial Public Offering (IPO) route to go public. Backed by Carlyle, a private equity company, and NS Raghavan, the co-founder of Infosys, Indigene Limited is engaged in the life sciences sector. It offers value-added solutions to a range of businesses, such as –
The company has filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its IPO. Though the IPO dates are not yet finalized, here’s a look into the company and its proposed IPO.
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Established in 1998, Indigene Limited is a tech-enabled organization. It is engaged in producing and distributing various products and services. Some of the important details about the company and its business are as follows:
Here’s a look at the financial performance of Indigene Limited for the last three financial years.
|Parameters||As of March 31, 2020||As of March 31, 2021||As of March 31, 2022|
|Revenue from operations||₹642 crores||₹966 crores||₹1664 crores|
|EBITDA (Earnings Before Interest, Tax, and Depreciation)||₹147 crores||₹261 crores||₹312 crores|
|Profit/Loss After Tax (PAT)||₹2 crores (loss)||₹145 crores (profit)||₹164 crores (profit)|
The primary highlights of the IPO are as follows:
|Shareholders||Shares offered for OFS|
|Anita Nair||27 lakhs|
|Rajesh Bhaskaran Nair|
|Nadathur Family Office|
|Brighton Park Capital|
Here’s a comparative analysis of what works and what doesn’t for Indigene Limited –
Indigene Limited is a leading name in the life sciences sector and is backed by prominent names in the business world. The company's financial performance is stellar, and it even managed to convert its loss into profit within a year. The company has consistently been posting growing revenue and has good prospects.
Assess the strengths and weaknesses of the company, your financial goals, and your risk appetite, and then choose to invest. If you have a long-term investment horizon, you can subscribe to the IPO and get access to the shares at a lower rate. Moreover, the shares might diversify your portfolio further.
So, analyze your needs, do research, and then make a suitable choice. Stay updated on the latest Upcoming IPO 2023!