Anthem Biosciences IPO is a bookbuilt issue of ₹3395.00 crore. This issue is entirely an offer or sale of 5.96 crore shares with no fresh issue.
The IPO opens for subscription on July 14, 2025, and closes on July 16, 2025. The allotment is expected to be finalized on Thursday, July 17, 2025. The price band for the IPO is set at ₹540 to ₹570 per share, and the minimum lot size for an application is 26 shares.
Company Summary
Incorporated in 2006, Anthem Biosciences Limited is an innovation-driven and technology-focused Contract Research, Development, and Manufacturing Organization (“CRDMO”) with fully integrated operations encompassing drug discovery, development, and manufacturing processes.
The company serves diverse customers, including innovative, emerging biotech firms and large pharmaceutical companies on a global scale.
For the six months concluding on September 30, 2024, the company engaged in the manufacture of active pharmaceutical ingredients (API) and intermediates for ten commercial molecules, all of which have been supported since their discovery.
As of September 30, 2024, the company had 196 projects: 170 discovery projects (284 synthesized molecules), 132 early phase projects, 16 late phase projects (10 late phase molecules), and 13 commercial manufacturing projects (API and intermediates for 10 commercialized molecules).
As of September 30 and March 31, 2024, the company had over 425 and 550 customers in our CRDMO and specialty ingredients businesses, spanning more than 44 countries, including the U.S., Europe, and Japan.
As of March 31, 2024, the company had served over 150 customers, ranging from small biotech companies to large pharmaceutical firms.
As of September 30, 2024, the company holds one patent in India, seven overseas, and has 24 pending global patent applications, including process patents for glycolipid synthesis and GLP-1 analogues.
As of September 30, 2024, the company’s team consists of 600 employees, including medicinal chemists, microbiologists, molecular biologists, biochemists, experts in various in-vivo non-clinical research, and chemical engineers.
Product Portfolio
The company manufactures specialized fermentation-based APIs, including:
- Probiotics
- Enzymes
- Peptides
- Nutritional actives
- Vitamin analogues
- Biosimilars
Company Strengths
- One-stop service across the drug life cycle (discovery, development, manufacturing) for small molecules and biologics; we are India’s fastest-growing CRDMO.
- Innovation-focused approach has enabled us to offer a spectrum of technologically advanced solutions across modalities and manufacturing practices.
- Specialized business model for small pharmaceutical and biotech companies, from discovery to manufacturing.
- Long-standing relationships with a large, diversified, and loyal customer base.
- A professional and experienced leadership team supported by a qualified scientific talent pool.
Company Financials
Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
Assets | 2,807.58 | 2,398.11 | 2014.46 |
Revenue | 1,930.29 | 1,483.07 | 1,133.99 |
Profit After Tax | 451.26 | 367.31 | 385.19 |
EBITDA | 683.78 | 519.96 | 446.05 |
Net Worth | 2,409.86 | 1,924.66 | 1,740.67 |
Reserves and Surplus | 2,298.05 | 1,815.39 | 1,628.88 |
Total Borrowing | 108.95 | 232.53 | 125.06 |
Objectives of IPO
The Company will not receive any proceeds from the Offer (the “Offer Proceeds”), and all the Offer Proceeds will be received by the Selling Shareholders after deduction of Offer-related expenses and relevant taxes thereon, to be borne by the respective Selling Shareholders.
IPO Details
IPO Date | July 14, 2025 to July 16, 2025 |
Listing Date | 21-Jul-25 |
Face Value | ₹2 per share |
Price Band | ₹540 to ₹570 per share |
Lot size | 26 shares |
Sale Type | Offer for Sale |
Total Issue Size | 5,95,61,404 shares (aggregating up to ₹3,395.00 Cr) |
Issue type | Bookbuilding IPO |
Listing at | NSE, BSE |
Share Holding Pre Issue | 55,90,77,100 shares |
Share Holding Post Issue | 55,90,77,100 shares |
Category Reservation Table
Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
Only RII | Upto Rs 2 Lakhs | Yes |
Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
Only employee | – | Yes |
Employee + RII/NII | 1. Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs 2 Lakhs) 2. If applying as RII: Upto Rs 2 Lakhs 3. If applying as NII: sNII > Rs 2 Lakhs and upto Rs 10 Lakhs and bNII > Rs 10 lakhs | Yes for Employee and RII/NII |
Lot Allocation Details
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 26 | ₹14,820 |
Retail (Max) | 13 | 338 | ₹1,92,660 |
S-HNI (Min) | 14 | 364 | ₹2,07,480 |
S-HNI (Max) | 67 | 1,742 | ₹9,92,940 |
B-HNI (Min) | 68 | 1,768 | ₹10,07,760 |
Allotment Schedule
Basis of Allotment | Thu, Jul 17, 2025 |
Initiation of Refunds | Fri, Jul 18, 2025 |
Credit of Shares to Demat | Fri, Jul 18, 2025 |
Tentative Listing Date | Mon, Jul 21, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2025 |
IPO Reservation
Investor Category | Shares Offered |
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
To check allotment, click here