Windlas Biotech Ltd IPO- August 4, 2021
Company Background
Windlas Biotech was founded in the year 2001, the company provides pharmaceutical development services, large-scale manufacturing services and authentic yet affordable products to its customers and consumers around the world
Business Information
The company has 954 employees at their four state-of-the-art manufacturing facilities in Dehradun, Uttarakhand India. The company also have a sales force and distribution network spread across 14 states. The company market their own manufactured authentic nutraceutical, pharmaceutical and ayurvedic products to serve the semi-urban and rural communities at affordable prices. The registered name of the company is Windlas Biotech Limited (Formerly known as Windlas Biotech Private Limited).
Facts about the company
Strong presence for anti-diabetic, cardiovascular, neuropsychiatry, respiratory health and nutraceuticals; gastroenterology, vitamins, minerals and supplements (“VMS”), analgesic, dermatological, cough/ cold etc.
Points to note before investing in Windlas Biotech Ltd IPO
The company is the leading market player in the domestic pharmaceutical formulation CDMO segment.
It has a strong focus on the chronic therapeutic category.
The company has state-of-the-art manufacturing facilities in Dehradun, Uttarakhand.
Professional and experienced Promoters and a senior management team.
An innovative product portfolio of complex generic products.
Robust financial performance track record.
The company is approved for the handling of Controlled substances/narcotics
IPO Opening Date | August 4, 2021 |
IPO Closing Date | August 6, 2021 |
Issue Type | Book Built Issue IPO |
Face Value | ₹5 per equity share |
IPO Price | 448 to 460 per equity share |
Market Lot | 30 shares |
Min Order Quantity | 30 shares |
Listing At | BSE, NSE |
Allotment, Listing and Refunds details
IPO Open Date | August 4, 2021 |
IPO Close Date | August 6, 2021 |
Basis of Allotment Date | August 11, 2021 |
Initiation of Refunds | August 12, 2021 |
Credit of Shares to Demat Account | August 13, 2021 |
IPO Listing Date | August 17, 2021 |
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