Dates of the Indigene IPO Subscription: The company has raised Rs 549 crore from anchor investors prior to the IPO.
Dates of Indegene IPO Subscription:
On May 6, Indegene Ltd., a healthcare technology company, will begin accepting subscriptions for its initial public offering (IPO). The company’s public offering consists of a new equity share offering valued at up to Rs 760 crore and an offer for sale (OFS) of up to 2.34 crore equity shares, for a total value of up to Rs 1,082 crore. This brings the IPO’s total value to 1,842 crore.
The company has raised Rs 549 crore from anchor investors ahead of the IPO. Several investors participated in the anchor book, including Fidelity and Capital Group.
The companies that offer mutual funds include Jupiter Asset Management, Abu Dhabi Investment Authority, SBI, ICICI Prudential, Nippon India, DSP, Premji Invest, UTI, Edelweiss, Aditya Birla Sun Life Insurance Company, and Bajaj Allianz Life Insurance Company.
Investors should be aware of these crucial aspects regarding the Indigene IPO.
Date of open subscription for Indigene IPO
On May 6, Indegene’s inaugural share offering is up for public subscription.
End date for Indigene IPO subscriptions
The Indegene IPO subscription period will begin on May 8 and run for three days.
Price range for an Indigene IPO
For its impending IPO, the healthcare technology company that serves the life sciences sector has set a price range of Rs 430 to Rs 452 per share.
IPO lot of Indigene size
An application must have a minimum lot size of 33 shares. Retail investors must make a minimum investment of Rs 14,916 at the highest price range.
Date of Non-Degene IPO Allotment
The information that is now available indicates that May 9, 2024, is most likely the date for the share allocation.
The official registrar of the Indigene IPO is Link Intime India Private Limited, which has been appointed.
Book running lead managers for an indie IPO
The issue’s book-running lead managers are Kotak Mahindra Capital, Citigroup Global Markets India, J P Morgan India, Nomura Financial Advisory, and Securities (India).
Listing of Indigeneous IPO
It is anticipated that Indegene’s shares would float on the BSE and NSE.
Date of Indigene IPO listing
The anticipated IPO will come after The company’s shares are anticipated to list on exchanges on May 13, 2024, under the “T+3 listing rule.”
Indegene was established in 1998 and provides solutions to assist biopharmaceutical, emerging biotech, and medical device firms in the development, introduction, and marketing of their products as well as in maximizing sales for the duration of their life cycles.
IPO links:
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