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Concord Biotech Ltd

Concord Biotech Ltd

    Registered Office : 1482-86 Trasad Road,Dholka,Ahmedabad Gujarat 382225 Phone : 91-079-68138700
    Fax :

    Email : complianceofficer@concordbiotech.com

    Website : www.concordbiotech.com

Initial public offer of 20,925,652* equity shares of face value of Re. 1 each ("Equity Shares") of Concord Biotech Limited ("Company") for cash at a price of Rs. 741 per equity share (including a premium of Rs. 740 per equity share) ("Offer Price") aggregating to Rs. 1550.52*^ crores (the "Offer") through an offer for sale of 20,925,652* equity shares aggregating to Rs. 1550.52*^ crores by Helix Investment Holdings Pte. Limited (the "Selling Shareholder") and such equity shares offered by the selling shareholder, the ("Offered Shares"). The offer includes a reservation of 10,000* equity shares, aggregating to Rs. 0.67^ crores (constituting 0.01% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer constitute 20% and 19.99%, of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Re. 1 each. The offer price is Rs. 741 times the face value. *Subject to finalisation of basis of allotment. ^A discount of Rs. 70 per equity share was offered to eligible employees bidding in the employee reservation portion.

Issue

Opens On

Closes On

04-Aug-2023

08-Aug-2023

Money Payable On

Application

Allotment

741.00

0.00

Minimum Application for shares in Nos : 20.0 Further Multiples of : 20.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

1,550.52

10.46

741.00

Citigroup Global Markets India Pvt Ltd

Jeffries India Pvt Ltd

Kotak Mahindra Capital Company Ltd

Projects
  • Listing the Equity Shares on the Stock Exchanges
Promoted By
  • Sudhir Vaid
  • Ankur Vaid
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd