
Industrial & Financial Services · NSE / BSE
Founded in 2006, Anthem Biosciences Limited is a Contract Research, Development, and Manufacturing Organization (CRDMO) that provides comprehensive services throughout the drug development process—from discovery to manufacturing. The company specializes in producing fermentation-based active pharmaceutical ingredients (APIs), including probiotics, enzymes, peptides, vitamin analogues, and biosimilars. It supports the full journey of commercial molecules, right from initial research to market launch. By September 30, 2024, Anthem had built a global presence, serving more than 425 clients in over 44 countries, including key markets like the U.S., Europe, and Japan. Its clientele ranges from small biotech startups to major pharmaceutical companies. Anthem is actively engaged in research and development, with 196 projects underway at different stages, including discovery, early and late development phases, and commercial production. The company also focuses on innovation, holding 8 granted patents (1 in India and 7 internationally), along with 24 pending patent applications worldwide. The company’s workforce, as of September 2024, consists of 600 professionals, including skilled chemists, biologists, and engineers with expertise across various scientific and technical fields.
Price Band
₹540 – ₹570
Issue Size
₹3395 Cr
Lot Size
26 shares
GMP
+31.4%
Est. Listing
₹749
at current GMP
Subscribed
63.89x
overall
Open
14 Jul 2025
Close
16 Jul 2025
Allotment
17 Jul 2025
Refund
18 Jul 2025
Demat Credit
19 Jul 2025
Listing
21 Jul 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹570
Band: ₹540 – ₹570
Estimated Listing Price
₹749
Upper price + GMP
Lot Size
26 shares
Min investment ₹14,820
Estimated Profit / Lot
₹4,654
26 × ₹179
Grey Market Premium trend
+₹179
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹179 | 31.4% | ₹749 |
| 30 Oct 2026 | +₹179 | 31.4% | ₹749 |
| 29 Oct 2026 | +₹161 | 28.3% | ₹731 |
GMP is unofficial market data. Not a guarantee of listing performance.
Anthem Biosciences Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹3,395 Crores. The shares are offered at a price band of ₹540 to ₹570 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-07-16, the basis of allotment is scheduled to be finalized on 2025-07-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest grey market premium for Anthem Biosciences Limited IPO is ₹179, which indicates an expected listing price of ₹749.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.