Anthem Biosciences IPO

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 Ended31-Mar-2531-Mar-2431-Mar-23
Assets2,807.582,398.112014.46
Revenue1,930.291,483.071,133.99
Profit After Tax451.26367.31385.19
EBITDA683.78519.96446.05
Net Worth2,409.861,924.661,740.67
Reserves and Surplus2,298.051,815.391,628.88
Total Borrowing108.95232.53125.06

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 DateJuly 14, 2025 to July 16, 2025
Listing Date21-Jul-25
Face Value₹2 per share
Price Band₹540 to ₹570 per share
Lot size26 shares
Sale TypeOffer for Sale
Total Issue Size5,95,61,404 shares (aggregating up to ₹3,395.00 Cr)
Issue typeBookbuilding IPO
Listing atNSE, BSE
Share Holding Pre Issue55,90,77,100 shares
Share Holding Post Issue55,90,77,100 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

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