Exchanges
BSE, NSE
Industry
Pharmaceuticals
Issue
Book building

Concord Biotech IPO

₹942.80

+27.23% on listing

Listing-day close · NSE · 18 Aug 2023 · issue price ₹741

Concord Biotech’s ₹1,551 crore IPO was priced at ₹741 a share. It listed on the NSE on 18 Aug 2023 and closed its first day at ₹942.80, up 27.23% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,551 Cr
Fresh issue
—
Offer for sale
₹1,551 Cr
Lot size
20 shares
Minimum investment
₹14,820
Face value
₹1
Registrar
MUFG Intime India

Subscription

Concord Biotech IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—17.64×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹7,752 Cr
P/E (post-issue)
32.3
EPS (post-issue)
₹22.95
Price to book
6.0
ROE
20.06%
ROCE
24.27%
PAT margin
28.14%
Promoter holding
44.08% → 44.08%

Financials as of 31 Mar 2023, from the offer documents.

Listing

Listing date
18 Aug 2023
Issue price
₹741
Open
₹900.05
High
₹987.70
Low
₹900.05
Close
₹942.80

Listing day on the NSE. The close was +27.23% on the issue price.

CONCORDBIO share price today

FAQs

When did the Concord Biotech IPO open and close?

It opened on 4 Aug 2023 and closed on 8 Aug 2023.

What was the Concord Biotech IPO price?

The price band was ₹705–741 a share. The final issue price was ₹741.

What is the lot size and minimum investment?

One lot is 20 shares, ₹14,820 at ₹741 a share. Retail investors apply in whole lots.

How much did Concord Biotech raise?

₹1,551 crore: ₹1,551 crore offered by existing shareholders.

How many times was the Concord Biotech IPO subscribed?

17.64 times overall.

How did Concord Biotech list?

It listed on the NSE on 18 Aug 2023 at ₹900.05 and closed the day at ₹942.80, up 27.23% on the ₹741 issue price.

Who is the registrar of the Concord Biotech IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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