IPO

Indegene Ltd. IPO

Indegene Ltd., established in 1998, operates in the Services - Others sector. The company's IPO opened on May 6, 2024 and closed on May 8, 2024, with an issue price of ₹452. The Indegene Ltd. IPO is a ... Read more

Min Investment
₹ 14,916 / 33 shares
Price Range
₹430 - ₹ 452
Bidding Dates
6 May '24 - 8 May '24
Total Issue Value
1,841.76 Cr
Lot Size
33
Total Issue Size
1,841.76 Cr
Listing At
BSE, NSE
Subscription
70.85 times
BSE Price
604.00 (33.63%)
NSE Price
603.70 (33.56%)

IPO Timeline

  • 6 May 2024
    Bidding Starts
  • 8 May 2024
    Bidding Ends
  • 9 May 2024
    Allotment Finalization
  • 13 May 2024
    Listing

About Indegene Ltd.

We provide digital-led commercialization services for the life sciences industry, including biopharmaceutical, emerging biotech and medical devices companies, that assist them with drug development and clinical trials, regulatory submissions, pharmacovigilance and complaints management, and the ... Read more

Parent organisation
Founded
Indegene Ltd.
1998

Indegene Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 1,21,41,103 (29.8%)
Employee Reserved 2,76,549 (0.68%)
Non Institutional Investors 60,70,551 (14.9%)
Qualified Institutional Buyers (QIBs) 80,94,068 (19.86%)
Retail Individual Investors (RIIs) 1,41,64,620 (34.76%)

Indegene Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 1,095.90 Cr 137.90 Cr 909.40 Cr
31 Mar 2023 1,042.50 Cr 130.20 Cr 751.00 Cr
31 Mar 2022 864.50 Cr 132.70 Cr 649.60 Cr

Indegene Ltd. Background

Our Company was incorporated as ‘Indegene Lifesystems Private Limited’ at Ahmedabad, Gujarat, as a private limited company, under the Companies Act, 1956, pursuant to a certificate of incorporation dated October 16, 1998, issued by the Registrar of Companies, Gujarat, Dadra & ...

Read more

Major Events And Milestones
  • 2005
    Raised funding from Nadathur Holdings & Investments Private Limited
    Expanded operations to the USA by incorporating a subsidiary named Indegene, Inc.
    Expanded operations to Southeast Asia by incorporating a subsidiary named Indegene Fareast Pte. Ltd. in Singapore
  • 2006
    Acquisition of Medsn, Inc.1 a company in the USA which is engaged in medical education and marketing business, by one of our Material Subsidiaries, Indegene, Inc.2 through the merger of Medsn Merger Sub, Inc., an erstwhile wholly owned subsidiary of Indegene, Inc. with Medsn, Inc.
  • 2007
    Expanded our services to include European territory
  • 2008
    Received BS ISO/IEC 27001:2005 certification for information security management system3
  • 2009
    Received ISO 9001:2000 certification for quality management system4
  • 2012
    Expanded operations to China by incorporating a subsidiary named Indegene Lifesystems Consulting (Shanghai) Co., Ltd.
  • 2017
    Acquisition of the Encima Group, Inc., a corporation which operates a digital service, marketing automation and analytics services business supporting clients in healthcare, life sciences and other industries by one of our Material Subsidiaries, ILSL Holdings, Inc.
  • 2020
    Acquisition of DT Associates Research and Consulting Services Limited, a consulting services company in UK supporting clients in healthcare, life sciences and other industries by one of our Material Subsidiaries, ILSL Holdings, Inc.
    Launched Indegene Digital Summit, a symposium on digital transformation and customer experience in life sciences
  • 2021
    Expanded operations to Japan by incorporating a subsidiary named Indegene Japan, LLC
    Raised equity funding from CA Dawn Investments and Brighton Park Capital
    Received BS ISO/IEC 27701:2019 certification for privacy information management system5
  • 2022
    Acquisition of Medical Marketing Economics, LLC by one of our Material Subsidiaries, ILSL Holdings, Inc. and subsequent merger of Medical Marketing Economics, LLC with Indegene, Inc.
    Expanded global operations with new offices in Mexico
  • 2023
    Acquisition of Cult Health, a company engaged in the business of providing advertising services to parties in the healthcare sector, by one of our Material Subsidiaries, ILSL Holdings, Inc.
    Expanded our presence in Europe with the acquisition of Indegene Healthcare Germany GmbH (formerly Sotus 852 GmbH) by our subsidiary, Indegene Ireland Limited
    Launched Invisage, an AI-enabled hybrid omnichannel sales and marketing platform
  • 2024
    Acquisition of Trilogy Writing & Consulting GmbH, a company engaged in providing high-end medical writing to customers that include market-leading pharmaceutical companies, along with three of its wholly owned subsidiaries, by one of our Subsidiaries, Indegene Ireland Limited.
    Ranked 167 in The Next 500 India’s Largest Emerging Companies by Fortune India
Indegene Ltd. Object of Issues

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

Indegene Ltd. IPO Listing Details
Listing Date
13 May 2024
BSE Script Code
INDEGENE
NSE Symbol
INDEGENE
ISIN
INE065X01017
Final Issue Price
₹ 452
Indegene Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 452.00 ₹ 452.00
Open ₹ 659.70 ₹ 655.00
Low ₹ 527.80 ₹ 527.10
High ₹ 659.70 ₹ 660.00
Last Trade ₹ 570.65 ₹ 570.90
Indegene Ltd. Company Promoters

Our Company is a professionally managed company and does not have an identifiable promoter

Industry Overview

The life sciences industry primarily comprises biopharmaceutical companies and medical devices companies, whose combined sales were estimated at ?138.3 trillion (US$1.8 trillion) in 2023, with biopharmaceutical companies constituting 69% or ?95.4 trillion (US$1.2 trillion) of such sales. Combined ... Read more

Indegene Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai Maharashtra - 400083
49186000
Indegene Ltd. IPO Lead Manager(s)
Nomura Financial Advisory and Securities (India) P
Ceejay House, Level 11, Plot F, Shivsagar Estate, Worli Mumbai Maharashtra - 400018
40374037

FAQs

When does Indegene Ltd. IPO opens and closes?

Indegene Ltd. IPO opens from 6th May to 8th May 2024.

What is the size of Indegene Ltd. IPO?

The size of the Indegene Ltd. IPO is ₹1,841.76 Cr.

What is the price range of Indegene Ltd. IPO?

The price range of Indegene Ltd. IPO is at ₹430 to ₹452 per share.

What is the minimum investment and lot size required for the Indegene Ltd. IPO?

The minimum investment required is ₹14,916 and minimum lot size is 33 shares.

When is Indegene Ltd. IPO listing date?

The Indegene Ltd. IPO will be listed on 13th May 2024.

What is the objective of Indegene Ltd. IPO?

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

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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