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Windlas Biotech Limited

Windlas Biotech Limited

listed
₹13,440Min. investment

Windlas Biotech Limited IPO Details

Price range₹448 – ₹460
IPO type
Regular
Lot size30 shares
Issue size₹165Cr

Windlas Biotech Limited Timeline

  1. Bid start
    4 Aug 2021
  2. Bid end
    6 Aug 2021
  3. Allotment
    6 Aug 2021
  4. Release of funds
    12 Aug 2021
  5. Demat transfer
    11 Aug 2021
  6. Listing
    16 Aug 2021
Incorporated in 2009, Windlas Biotech is one of the top five pharmaceutical formulations manufacturers in India. The company provides a range of CDMO (contract development and manufacturing operations) services such as product discovery, development, licensing and commercial manufacturing of generic products. It offers CDMO services to some of the top names in the pharma industry including Pfizer, Sanofi India and Cadila Healthcare. The company derives around 85% of the revenue from this segment.
It also sells its own branded trade generic and OTC products (nutraceutical and health supplement), which contribute around 10% of the total revenue. Besides these segments, the company also garners around 5% of the revenue from exports of generic and health supplements to its primary markets like Vietnam, Myanmar, Sri Lanka, Thailand, Philippines, Cambodia, Fiji, Trinidad & Tobago and South Africa.
With the CMDO segment providing stable and steady cash flow, the company has been able to grow its topline consistently. During FY19–21, the company’s revenue has grown at a CAGR of around 18%. But, in the same period, its net profit has shrunk from ₹63.8 crore to ₹15.5 crore.

Checklist

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Windlas Biotech Limited Contact Details

Company NameWindlas Biotech Limited

How to apply for Windlas Biotech Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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