Concord Biotech Limited
04 Aug 2023 – 08 Aug 2023
LISTED
Offer Price
₹705–741
Bid lot
20
Min Application
₹14,820
Issue Size
₹1,551 Cr
Key dates
Open date
04 Aug 2023
Done
Close date
08 Aug 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
18 Aug 2023
Today
Issue reservation
₹1,551 CrQIB 50%Retail 35%5%
QIB
1.05 Cr sh · ₹775.50 Cr
Retail
73.3 L sh · ₹542.85 Cr
Employee
10.5 L sh · ₹77.55 Cr
BRLM: Kotak Mahindra Capital Company Limited · Citigroup Global Markets India Private Limited · Jefferies India Private Limited
Lot ladder — how much to bid
1 lot = 20 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
20 sh · ₹14,820
Max · 13 lots
260 sh · ₹1,92,660
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
280 sh · ₹2,07,480
Max · 67 lots
1,340 sh · ₹9,92,940
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,360 sh · ₹10,07,760
Entry point
₹10,07,760 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Jefferies India Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
40.42×
0×1×2×3×+
Oversubscribed
Book₹1,396 Cr
Subscribed₹56,428 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,04,65,587₹775.50 Cr | 70,82,06,272₹52,478 Cr | 67.67× |
| HNI | 31,39,676₹232.65 Cr | 5,33,43,097₹3,953 Cr | 16.99× |
| Retail | 73,25,911₹542.85 Cr | 2,76,91,943₹2,052 Cr | 3.78× |
| Employee | 10,46,559₹77.55 Cr | 2,56,19,757₹1,898 Cr | 24.48× |
| Total | 1,88,38,057₹1,396 Cr | 76,15,17,972₹56,428 Cr | 40.42× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 52,478.08 |
| HNI | 3,952.72 |
| Retail | 2,051.97 |
| Employee | 1,898.42 |
| Total | 56,428.48 |
Amounts at the upper band (₹741). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Concord Biotech Limited IPO?
One lot of 20 shares — ₹14,820 at the upper price band of ₹741.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-08-18 on NSE.