Indegene IPO price band has been fixed in the range of ₹430 to ₹452 per equity share of the face value of ₹2. The Indegene IPO date of subscription is scheduled for Monday, May 6, and will close on Wednesday, May 8. The allocation to anchor investors for the Indegene IPO is scheduled to take place on Friday, May 3.
The floor price and the cap price are 215 times and 226 times the face value of the equity shares respectively. The price to earnings ratio based on diluted EPS for fiscal 2023 at the floor price is 35.92 times and the cap price is 37.76 times. The Indegene IPO lot size is 33 equity shares and in multiples of 33 equity shares thereafter.
Indegene IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. A discount of ₹30 per equity share is being offered to eligible employees bidding in the employee reservation portion.
(more to come)
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