Issue Price
₹452
Per Share
GMP
NIL
Grey Market
Est. Listing
₹452
Expected Price
Min. Application
₹29,832
2 lots × 33 shares
Founded in 1998, Indegene Limited provides digital services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales/marketing support.The company's services can be divided into following categoriesEnterprise Commercial SolutionsOmnichannel ActivationEnterprise Medical SolutionsEnterprise Clinical Solutions and consultancy servicesThe subsidiary of the company, DT Associates Limited, provides consulting services under the "DT Consulting" brand. It helps life sciences companies manage their digital transformation efforts to ensure continued success in customer experience.The company received the Platinum Level award at the 2023 Healthy Workplace Conference and Awards, a recognition given by Arogya World India Trust in partnership with the Public Health Foundation of India.As of December 31, 2023, the company had 65 clients actively engaged with its services.As of December 31, 2023, the company employed 5,181 people worldwide. Of these, 4,461 are based in India, 530 work in North America, 105 in Europe, 73 in China, and 12 in other regions.
Indegene Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 40,766,550 | 100.00% | ₹1,842.65 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 33 | ₹14,916 |
| Retail (Max) | 13 | 429 | ₹193,908 |
| sNII (Min) | 14 | 462 | ₹208,824 |
| bNII (Min) | 68 | 2,244 | ₹1,014,288 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1969.75 | 2364.10 | 1690.50 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 241.90 | 266.10 | 162.82 |
| Net Worth | 1327.00 | 1063.72 | 763.90 |
| Total Assets | 2518.15 | 2203.87 | 1353.47 |
| Reserves & Surplus | 1282.65 | 1019.43 | 763.55 |
| Total Borrowings | 399.33 | 394.34 | 18.24 |