Windlas Biotech IPO Allotment Status, Date, GMP Today, Share price

 Windlas Biotech IPO Allotment Status, Date, GMP Today, Share price are often checked here. Windlas Biotech IPO GMP are often checked here. The Windlas Biotech IPO allotment status are going to be declared in sometime. during this article, we've covered the way to check Windlas Biotech IPO allotment status. within the subscription period for Windlas Biotech’s initial public offering, the corporate received 22.47x more responses than the 61.36 lakh shares being offered. Rs 448-460 was the worth band set for the shares.

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Windlas Biotech IPO Allotment

With over 61.36 lakh shares within the issue size, Windlas Biotech received over 13.78 crore bids. Qualified institutional buyers subscribed 24.40 times quite the shares which were allocated to them. The non-institutional subscriptions were 15.73 times greater. This issue was subscribed 24.27 times by retail individual investors.
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IPO shares of Windlas Biotech are often checked online after the announcement of the allotment.

Windlas Biotech IPO Grey Market Premium

Windlas Biotech commanded a gray market premium of about Rs 80. within the week of August 10, it exceeded 460 Rs.

On Tuesday, Windlas Biotech generated a 17 percent increase in gross margins. Windlas Biotech’s stock was listed at a healthy price. On August 17, the corporate is predicted to list its shares.

More about Windlas Biotech

As a corporation in India’s pharmaceutical formulations industry, Windlas Biotech ranks among the highest five companies for revenue.

A large volume of solid and liquid dosage forms has been manufactured over the last 20 years by the corporate . Additionally, they need significant expertise in providing specialized services.

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With current good manufacturing practices in situ , it offers a full range of CDMO services. the main target is additionally on improving cost-effectiveness, efficacy, and safety.

Based on its revenue in FY20, its market share within the CDMO industry was about 1.5 percent. Furthermore, the corporate sells its own branded products within the generics market additionally to services and products for CDMOs.

Furthermore, they export generic medications to many countries through the OTC market and export generics.

Its portfolio of complex generics includes mainly fixed dosage combination products. 68.48 percent of the entire product portfolio of FY21 was made from customized generics and chewables.

As generic products are generally difficult to develop, there's a high entry barrier to the market. Comparatively to traditional generic drugs, they require a specific level of experience in development and manufacturing.

Windlas Biotech Financial Profile

FY21 revenue was Rs 427.6 crore and profit was Rs 15.6 crore. On revenues of Rs 328.9 crore, the corporate earned a profit of Rs 16.2 crore in FY20.

Despite operating restrictions thanks to the Covid-19 pandemic, the corporate has been ready to continue growing.

The operational revenue grew by 30.03 percent to Rs 427.6 crore in FY21 from Rs 328.85 crore in FY20.

Windlas Biotech Strengths

  • The company manages chronic therapeutics, and is among the highest five CDMO revenue-generating companies.
  • The company features a portfolio of complex generics that are supported by research and development agencies.
  • It is a top quality manufacturer with an efficient and well-controlled manufacturing process.
Dehradun, Uttarakhand, is home to four manufacturing facilities owned and operated by the corporate .

As of 2021, the corporate had 7,063.8 crore tablets/capsules that it produced from its facilities. The remaining 6.108 crore liquid bottles and 5.44 crore pouches were within the liquids category.
  • The company has established relations with major Indian companies.
  • It has consistently performed well financially.
  • A professional and technically qualified team leads the corporate with experience and expertise.
  • As a CDMO company, it intends to leverage its leadership position to expand.
  • As the CDMO’s customer base grows, it intends to extend its productions also .

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