The details about the Concord Biotech IPO is as:
- The issue size of the Concord Biotech IPO is 1551 Cr.
- The price band for Concord Biotech IPO is Rs 705 to Rs 741.
- The shares of Concord Biotech IPO will list on 18th August 2023.
- The latest tentative GMP of Concord Biotech IPO is Rs 150.
- The shares of Concord Biotech IPO is subscribed 24.87 Times as of 8th August 2023.
Concord Biotech IPO Valuation
The approx valuation of Concord Biotech IPO based on its price band and RHP/DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 741 |
| Existing Shares (Qty) |
10.46 Cr |
| Market Cap |
7750.86 Cr |
| EPS (FY23) |
Rs 22.95 |
| PE Ratio |
32.28x |
| Industry PE |
35.98x |
Concord Biotech IPO Issue Size
Concord Biotech IPO issue size is 1551 Cr.
| Issue |
Amount |
| Fresh Issue |
0 Cr |
| Offer For Sale |
1551 Cr |
Concord Biotech IPO Market Lot
An Individual can apply for a minimum 1 lot of 20 shares and a maximum of 13 lots of 260 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
20 |
Rs 14,820 |
| Maximum |
13 |
260 |
Rs 1,92,660 |
Concord Biotech IPO Offer
The shares of Concord Biotech IPO is subscribed 24.87 Times as of 8th August 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
67.67 Times |
| Non-Institutional |
Minimum 15% |
16.99 Times |
| Retail Individual |
Minimum 35% |
3.78 Times |
| Employee |
10000 Shares |
24.48 Times |
| Total |
|
24.87 Times |
Concord Biotech IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 6 August 2023 |
Rs 150 |
| 7 August 2023 |
Rs 200 |
| 8 August 2023 |
Rs 160 |
| 9 August 2023 |
Rs 140 |
| 10 August 2023 |
Rs 160 |
| 13 August 2023 |
Rs 160 |
| 14 August 2023 |
Rs 150 |
Concord Biotech IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Find below the dates for Concord Biotech Ltd IPO:
| Schedule |
Date |
| Basis of Allotment |
11 August 2023 |
| Refunds |
14 August 2023 |
| Credit to Demat Account |
17 August 2023 |
| IPO Listing Date |
18 August 2023 |
Check allotment status