Windlass Biotech IPO Application Status Available to check on 17 August 2021. The price band has been fixed for Rs. 448-460/- and equity share of Rs. 165 crore has been released. The IPO was fully subscribed (about 3.18 times) on the first day of opening. Windlass Biotech IPO Allotment Status And Windlass IPO Membership Status 22.37 times.
Leading pharmaceutical company, Windlass Biotech is based in Dehradun in the northern part of India. Thus it acts as a CDMO. Contract developer and manufacturing industry. Which thus provides comprehensive services to pharmaceutical companies. Therefore, it includes drug development and its manufacture. In addition, the company has 3 large manufacturing plants in Dehradun. Thus, tablet and liquid bottles have a large installation capacity.
Windlass Biotech IPO Allotment Status
Not only this, the company thus serves a large clientele in the market. For example Cadila Healthcare Ltd., Pfizer Ltd., Intas Pharmaceutical Ltd. and many others. Bharat Biotech has listed its IPO last month, now let us examine the future of Windlass IPO in this article. Apart from this, we will also cover the IPO details, its offer for sale, price band for the bidders. And coming forward on the company’s financial trends. Tell us if you are interested about Windlass Biotech IPO Allotment Status Check in the comments below.
Windlass Biotech IPO Application Status Check
Pharmaceutical sector company Windlass Biotech has started a 3-day IPO, which is an initial public offering. For subscription, from 4 August to 06 August 2021. So all the interested bidders should avail the membership before the last date. In addition, the company is planning to raise Rs. 401.56 crore through its current IPO. Also the offer for sale is for 5142067 shares. The band price of Windlass Biotech IPO is Rs. 448- 460/-. And thus it is listed on Bombay Stock Exchange and India Stock Exchange.
windlas.com ipo membership status
|name of the company||Windlass Biotech|
|IPO Opening Date||04 August 2021 (Wednesday)|
|IPO Closing Date||06 August 2021 (Friday)|
|Windlass Biotech IPO Size||Rupee. 401.54 crore (approx.)|
|fresh issue of||Rupee. 165 crore|
|Windlass Biotech IPO GMP||130 rupees|
|IPO offer for sale||Rupee. 236.55 crore (approx.)|
|face value of share||Rupee. 5|
|ipo price band||Rupee. 448 – 460 crores.|
|Windlass Biotech Listed on IPO||National Stock Exchange (NSE)|
Bombay Stock Exchange (BSE)
Windlass Biotech IPO Gray Market Price
- Talking about the revenue of Windlass, it is currently among the top 5 players of pharmaceutical companies operating in India.
- The company has shown steady growth in the market, despite the low trends in the past years.
- Apart from this, the company has tie-ups with leading pharma companies like Pfizer Healthcare, Cadila Healthcare and many more. So clearly shows the confidence of the markets.
Windlass IPO Allotment & Refund Date
|A min. IPO lot size||30 shares|
|B min. Amount||13800/- Rs.|
|C max. big size||420 shares.|
|D Max. Amount||Rupee. 193200/-|
|e. Basis of allotment||August 11, 2021 (Wednesday)|
|F. refund by||August 12, 2021 (Thursday)|
|Yes. Windlass Biotech 2021 IPO Date||August 17, 2021 (Tuesday)|
How to Check Windlass IPO Allotment Status
Windlass Biotech IPO allotment position or gray market premium is placed at Rs. 130- 140/- today. Now this is the premium amount at which the Windlass IPO share is being traded. And this happens before it is actually listed on the stock exchange. Also, you see, after we have announced the price band of the IPO, Windlass Biotech IPO allocation status check is the unofficial place to trade. Thus till the time the Windlass Biotech shares are finally listed on the stock exchange, we will see the Windlass Biotech IPO allocation status.
- In addition, the proceeds from the IPO will be used for procurement of equipment for capacity expansion of Plant IV which is located in Dehradun.
- Besides, it will use it for financing the working capital requirement.
- Also, it will be directed towards repayment of loan or borrowing.
Link for Windlass Biotech IPO Allotment Status
FAQ windlas.com ipo gmp, allotment date, status check
Tell us more about Windlass Biotech IPO Day 1 2021 Status?
It has significantly impacted the entire subscription on the very first day itself. Moreover, it is quite interesting to see that the IPO is doing great with the BSE touching the benchmark of 54000 for the first time this Wednesday. Thus Windlass IPO received bids for around 74,00,000 against its offering of 61,36,251 shares.
Please share the first day membership details?
Windlass Biotech IPO 2021 was subscribed nearly 3.17 times this Wednesday.
Thus non-institutional and retail investors subscribed 0.34 times and 6.22 times, respectively.
What is the gray market premium of Windlass Biotech IPO today?
It is Rs. 130/-.
What is the expected return for Biotech IPO 2021?
The expected return of the biotech is 30%.
When can I check Windlass Biotech IPO Application Status?
On 17 August 2021.
How to Check Windlass IPO Allotment Status?
The process of checking is explained below.