
Healthcare & Pharmaceuticals · NSE / BSE
Incorporated in 2001, Windlas Biotech Ltd is a prominent pharmaceutical company in India’s CDMO segment, offering end-to-end services from product discovery and development to licensing and commercial manufacturing of generic and complex generic products. The company also markets its own branded products in the trade generics and OTC segments, focusing on chronic therapeutic categories related to lifestyle disorders. Windlas Biotech operates across three verticals: CDMO services, domestic trade generics and nutraceuticals, and exports. Its marquee clients include Pfizer, Sanofi India, Cadila Healthcare, Emcure Pharmaceuticals, Eris Lifesciences, Intas Pharmaceuticals, and Systopic Laboratories. The company’s Dehradun-based manufacturing facilities have an installed capacity of 7,063.83 million tablets/capsules, 54.46 million pouches/sachets, and 61.08 million liquid bottles.
Price Band
₹448 – ₹460
Issue Size
₹402 Cr
Lot Size
30 shares
GMP
+17.4%
Est. Listing
₹540
at current GMP
Subscribed
—
Open
4 Aug 2021
Close
6 Aug 2021
Allotment
11 Aug 2021
Refund
12 Aug 2021
Demat Credit
13 Aug 2021
Listing
16 Aug 2021
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Aug 2021
Basis finalization
Refunds Initiate
12 Aug 2021
Mandate release
Demat Credit
13 Aug 2021
Shares in demat
Listing Debut
16 Aug 2021
Trading begins
Windlas Biotech Limited is bringing an initial public offering (IPO) in the Healthcare & Pharmaceuticals sector with an aggregate issue size of ₹402 Crores. The shares are offered at a price band of ₹448 to ₹460 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
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 2021-08-06, the basis of allotment is scheduled to be finalized on 2021-08-11. 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 (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.