
Healthcare / Pharmaceuticals · NSE / BSE
Incorporated in 2013, Anlon Healthcare Limited is a chemical manufacturing company specializing in the production of pharma intermediates and active pharmaceutical ingredients (APIs). It manufactures high-purity pharmaceutical intermediates used in API production and APIs that are utilized in medicines, nutraceuticals, personal care, and animal health products. The company’s offerings are produced in compliance with Indian and international pharmacopeia standards such as IP, BP, EP, JP, and USP. Along with manufacturing APIs and intermediates to global standards, Anlon Healthcare also provides custom manufacturing for complex chemicals, focusing on exceeding purity standards and minimizing impurities to meet customer-specific requirements. The company has obtained Drug Master File (DMF) approval from regulatory authorities including ANVISA, NMPA, and PMDA for loxoprofen sodium dihydrate and loxoprofen acid APIs. It has filed 21 DMFs with global authorities and is in the process of filing for Ketoprofen and Dexketoprofen Trometamol approvals. Its portfolio comprises 65 commercialized products, 28 at the pilot stage, and 49 undergoing laboratory testing. To ensure consistent product quality, the company follows rigorous testing and process improvements, supported by four laboratories and a 34-member technical team, which includes 24 science graduates. The company’s product range includes pharmaceutical intermediates such as Cyanoethylbenzoic acid, Ketonitrile, and Methyldesloratadine, which serve as key starting materials or advanced intermediates for API manufacturing. Its APIs are essential components in pharmaceutical products, delivering therapeutic effects and being used in various formulations like tablets, capsules, ointments, and syrups, as well as in nutraceuticals, personal care, and veterinary products. As of January 31, 2025, Anlon Healthcare employed 105 people (excluding trainees) along with 8 contract workers.
Price Band
₹86 – ₹91
Issue Size
₹121 Cr
Lot Size
164 shares
GMP
+1.1%
Est. Listing
₹92
at current GMP
Subscribed
7.13x
overall
Open
26 Aug 2025
Close
29 Aug 2025
Allotment
1 Sep 2025
Refund
2 Sep 2025
Demat Credit
3 Sep 2025
Listing
3 Sep 2025
Overall Subscription
7.13x
Total Demand
QIB Multiplier
1.07x
Institutions & Funds
NII / HNI
10.61x
High Net-Worth
Retail (RII)
47.30x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 9,975,000 | 10,689,028 | 1.07x |
| NIB | 1,995,000 | 21,161,412 | 10.61x |
| HNIs(10L +) | 1,330,000 | 10,059,924 | 7.56x |
| HNIs (2-10L) | 665,000 | 11,101,488 | 16.69x |
| RETAIL | 1,330,000 | 62,912,368 | 47.30x |
| Total | 15,295,000 | 115,924,220 | 7.13x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 8,110 | 334,697 | 41.27x |
| HNIs(10L +) | 579 | 878 | 1.52x |
| HNIs (2-10L) | 290 | 4,628 | 15.96x |
| Total Applications | 8,979 | 340,203 | 37.89x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Anlon Healthcare Limited is bringing an initial public offering (IPO) in the Healthcare / Pharmaceuticals sector with an aggregate issue size of ₹121.03 Crores. The shares are offered at a price band of ₹86 to ₹91 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 164 shares (approx. ₹14,924 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Ltd.. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-03, while un-allotted funds or UPI block mandates will be released on 2025-09-02.
The latest Grey Market Premium (GMP) for Anlon Healthcare Limited IPO is ₹1 per equity share. Based on the upper price band of ₹86 to ₹91 per equity share, the estimated listing price is ₹92 (+1.1% expected listing gain).
With a lot size of 164 shares and current GMP of ₹1, the expected profit per application lot is approx ₹164 (+1.1% gain). Minimum application cost is approx ₹14,924.
The Anlon Healthcare Limited IPO aggregate issue size is ₹121.03 Crores with an equity price band set at ₹86 to ₹91 per equity share. The retail lot size is 164 shares requiring a minimum capital outlay of approx. ₹14,924.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.13x (Retail: 47.30x, QIB: 1.07x, NII: 10.61x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Ltd.) and the BSE status verification website on or around 2025-09-01. Investors can verify status using PAN card or application number.
Anlon Healthcare Limited shares are scheduled to list on NSE and BSE on 2025-09-03.