31 Mar 2021
Assets596.04
Total Income996.92
Profit After Tax149.41
NET Worth324.51
Reserves and Surplus324.19
Total Borrowing24.76
At a glance
Updated 2026-08-24The shares listed at ₹655.00, a 44.91% move from the issue price. Indegene is a Mainboard IPO with an issue size of ₹1,841.76 crore, proposed for listing on BSE, NSE. The offer opens on 6th May 2024 and closes on 8th May 2024. The issue structure includes a fresh issue of ₹760.52 crore and an offer-for-sale component of ₹1,081.24 crore. The current listing schedule points to 13th May 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,841.76 Cr
Fresh issue₹760.52 Cr
Offer for sale₹1,081.24 Cr
Face value₹2
Price band₹430.00–₹452.00
Allotment9th May 2024
Listing13th May 2024
Listing performance
Full performance ↗Issue price₹452.00
Listing price₹655.00
Current price—
Listing gain44.91%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹275.00
GMP / upper price60.84%
Est. listing₹727.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens6th May 2024
Closes8th May 2024
Allotment9th May 2024
Refund10th May 2024
Demat10th May 2024
Listing13th May 2024
Subscription demand
Full bidding ↗Total70.30×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 33 | ₹14,916 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/prepaymentof indebtedness of one of the Material Subsidiaries, ILSL Holdings, Inc | ₹391.34 Cr |
| Funding the capital expenditure requirements of the Company and one of the Material Subsidiaries, Indegene, Inc. | ₹102.92 Cr |
| General Corporate Purposes and Inorganic Growth | ₹230.12 Cr |
Financials
Full financials ↗31 Mar 2022
Assets1,353.47
Total Income1,690.50
Profit After Tax162.82
NET Worth763.90
Reserves and Surplus763.55
Total Borrowing18.24
31 Mar 2023
Assets2,203.87
Total Income2,364.10
Profit After Tax266.10
NET Worth1,063.72
Reserves and Surplus1,019.43
Total Borrowing394.34
31 Dec 2023
Assets2,518.15
Total Income1,969.75
Profit After Tax241.90
NET Worth1,327.00
Reserves and Surplus1,282.65
Total Borrowing399.33
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| Debt / Equity | 0.30% |
| RoNW | 18.23% |
| PAT Margin | 12.62% |
| Price to Book Value | 7.55 |
Valuation & shareholding
Pre-IPO EPS11.96
Post-IPO EPS13.48
Pre-IPO P/E37.78
Post-IPO P/E33.53
Promoter holding pre30.71%
Promoter holding post26.76%
Market cap₹10814.07 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs including underwriting commission, brokerage and selling commission, as applicable | ₹46.25 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank(s) and Banker(s) to the Offer and brokerage, underwriting and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹2.36 Cr |
| Fees payable to the Registrar to the Offer | ₹0.13 Cr |
| Fees payable to the auditors, consultants and industry experts | ₹9.13 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | ₹7.78 Cr |
| Printing stationery | ₹1.84 Cr |
| Advertising and marketing expenses | ₹3.92 Cr |
| Fee payable to legal counsels | ₹10.27 Cr |
| Miscellaneous | ₹4.67 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.