ISSUE OPEN
Indegene Ltd.
Min Investment
₹14916
Subscribed Times
69x
Issues size
₹1841 Crores
Price Range
₹430 - ₹452
Open on
06 May'24
Close on
08 May'24

Application Details

Lot Size
33
Issue Size
₹1841 Crores
Issue Type
Book Building

IPO Timeline

06
May'24
Issue Open
08
May'24
Issue Close
09
May'24
Finalization of Basis of Allotment
10
May'24
Initiation of refund
10
May'24
Transfer of shares to Demat Account
13
May'24
Listing Date

Shares Offered

Qualified Inst. Buyers
50.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
35.00

Subscription Status 

(as of 08 May 2024)
Overall Status69.47x
Qualified Inst. Buyers
197.55x
Non Inst. Buyers
54.47x
Retails Ind. Buyers
7.34x

Objects of the offer

1. Repayment/prepayment of indebtedness of one of our Material Subsidiaries, ILSL Holdings, Inc.
2. Funding the capital expenditure requirements of our Company and one of our Material Subsidiaries, Indegene, Inc.
3. General corporate purposes and inorganic growth

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Quess Corp Ltd.19100.13277.8618.7132.74
SIS Ltd.12261.42190.0413.0432.49
PDS Ltd.10372.65144.2310.9240.26
TeamLease Services Ltd.7870111.3466.451.58
Crisil Ltd.3139.52658.4490.0449.07
Updater Services Ltd.2444.3667.9510.1530.23
CMS Info Systems Ltd.2264.68347.1421.3320.46
Central Depository Services (India) Ltd.812.26419.1140.1153.57
Spectrum Talent Management Ltd.768.0427.8212.047.89
Krystal Integrated Services Ltd.707.6438.4427.5225.37

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Guide to IPO Investment

Company Contact Info

Aspen Block G4, 3rd Floor,
Manyata Embassy Business Park,
Outer
Aspen Block G4, 3rd Floor,
Manyata Embassy Business Park,
OuterBengaluru,Karnataka-560045
Phone : 46744567

Book Running Managers

Citigroup Global Markets India Pvt.Ltd.
Kotak Mahindra Capital Company Ltd.
Nomura Financial Advisory and Securities (India) P

Registrar & Transfer Agent

Link Intime India Pvt. Ltd.
C-101, 247 Park,L B S Marg, Vikhroli West,Mumbai,Maharashtra-400083
Phone : 49186000
Fax :49186060/

Offer Related Information

Initial public offering of up to 40746891 equity shares of face value of Rs.2.00 each (Equity Shares) of Indegene Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.452.00 per equity share (including a premium of Rs.450.00 per equity share) ("Offer Price")
aggregating up to Rs.18417594732 crores.
Offer Price: Rs.452.00 per equity share of face value of Rs.2.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 33 equity shares and in multiples of 33 equity shares thereafter
Single-click UPI-based IPO application
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