1. Home ›
  2. upcoming IPO ›
  3. Indegene IPO

Indegene IPO

The upcoming Indegene IPO is set to make waves in the life sciences industry. Here is the Indegene IPO review. Offering a fresh perspective on digital-led commercialization, this IPO represents a pivotal moment for the company and potential investors.

Indegene IPO Details


Element Details
IPO Opening Date May 6, 2024
IPO Closing Date May 8, 2024
IPO Allotment Date May 9, 2024
IPO Listing Date May 13, 2024
Price Band Rs. 430 to Rs. 452 per share
Total IPO Size Rs. 1841.76 Crores
Fresh Issue Rs. 760 Crores
Offer for Sale Rs. 1081.76 Crores
Lot Size 33 shares
Minimum Investment Rs. 14,916
Listing BSE & NSE

Checkout the List of Upcoming IPO.

The Indegene IPO is strategically planned for a launch on May 6, 2024, and will conclude on May 8, 2024. The company is looking to raise approximately Rs. 1841.76 Crores, split between a fresh issue of Rs. 760 Crores and an offer to sell Rs. 1081.76 Crores.

The price range for this IPO is set at Rs. 430 to Rs. 452 per share, making it accessible to a broad range of investors. This IPO will be available on the BSE and NSE, enhancing its visibility and accessibility.

About the Company

Indegene is a frontrunner in providing digital-led commercialisation services tailored for the life sciences sector. With over two decades of expertise, Indegene helps companies streamline drug development, clinical trials, and marketing.

The company boasts a robust clientele, including the top 20 bio pharmaceutical companies globally, contributing to over 69% of its revenue in the recent fiscal year.

Indegene Company Financial Highlights

In the financial year 2023, Indegene reported a notable revenue of Rs. 2364.10 Crores, up from Rs. 1690.50 Crores in 2022, marking significant year-over-year growth. The profit after tax stood at Rs. 266.10 Crores in 2023, indicating robust financial health and profitability.

These figures underscore the company's capability to leverage its market position and technological prowess to drive substantial financial outcomes.

Year Revenue (in Crores) Expense (in Crores) PAT (in Crores)
2021 996.92 768.25 149.41
2022 1690.5 1417.1 162.82
2023 2364.1 2001.05 266.1

Indegene Company Strengths & Weakness

Strengths Weakness
Strong client base in global markets High dependency on top 20 clients
Advanced technological integration Market risks associated with healthcare regulatory changes
Consistent financial growth and profitability Competitive intensity in the life sciences sector

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

How to apply Indegene IPO?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe Indegene IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • For new investor, get free demat account opening offer on our web & Dynami App ensuring a smooth and hassle-free experience for your initial investments.

How to open a Demat & Trading Account?

Demat & Trading Account
Form fill up Demat & Trading Account

Fill up your personal details in the form above

Share Personal Details Demat & Trading Account

Fill up your DOB, PAN, email & bank account details

OTP Authentication Demat & Trading Account

Upload your photo and e-sign your application via Aadhaar OTP

How to open a Demat & Trading Account?

Open Demat Account

Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.

  • The IPO is priced between Rs. 430 and Rs. 452 per share. This range was determined to attract a broad investor base while reflecting the company's current market valuation and growth prospects.

  • The IPO aims to raise approximately Rs. 1841.76 Crores and highlight Indegene's strategic initiatives for expansion and debt repayment.

  • Investors can start with a minimum lot size of 33 shares. This lot size is designed to make the IPO accessible to various investors, balancing affordability with investment potential.

  • The minimum investment required to participate in the IPO is Rs. 14,916. This amount allows investors to purchase one lot of 33 shares at the upper price band of Rs. 452 per share.