Concord Biotech IPO GMP Today, Allotment Status, Apply @concordbiotech.com

Concord Biotech IPO GMP Today:- Concord Biotech IPO GMP Today, Share Price, Subscription Status, Lot Size, Date & many more details regarding this IPO are in this object. When the company was established it begin with a single product. Now they have a vast range of result that are popular worldwide & now successfully made them one of the Biotech Giant Companies. Beginning on August 4th, 2023, the Concord Biotech IPO Subscription Status will be active. Therefore, people who want to subscribe to this IPO must open the IPO area on their broker’s app or website.

When you access the IPO area, you may browse through the numerous IPOs that are currently active. You must then choose Concord Biotech and press the “Invest in IPO” button. However, before doing so, you must first check in on this page using your credentials, such as your name, phone number, or unique ID and password. Then, you must pay to complete this membership, but you should be aware that your money will not be delivered anywhere and will merely remain clogged (up).

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Concord Biotech IPO GMP Today

Established in the year 1984, Concord Biotech Limited has successfully accepted itself as one of the leading developers & manufacturers in its segment, Globally. The company manufacture and supplies fermented active pharmaceutical ingredients, immunosuppressants, oncology, nephrology, and anti-contagious drugs all over the world. the company has been grade as one of the top companies in its field. Recently they have started supplying their products in more than 70 state including Europe, the USA, India, and Japan.

Concord Biotech Limited has become recognized as one of the top producers and innovators in its industry globally. The business produces and exports anti-infectives, immunosuppressants, oncology, nephrology, and fermented active pharmaceutical ingredients throughout the globe. The business has received a ranking as one of the best in its industry. More than 70 states, including those in Europe, the USA, India, and Japan, have just started receiving their products.

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Concord Biotech IPO GMP Today

Concord Biotech IPO GMP Today Details

Company nameConcord Biotech Limited
IPO DateFrom August 4, 2023 to August 8, 2023
Face value1 INR per share.
Price band705 to 741 INR per share
Lot(s) size20 shares
Listing dateAugust 18, 2023
Issue size20,925,652 shares
Discount for employees70 INR per share
Type of IssueBook built Issue
Share hold pre-issue104,616,204
Post issue104,616,204
Listing atBSE, NSE
CategoryTrending
Official WebsiteClick Here

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Concord Biotech IPO Share Price

This company will matter 20,925,652 shares with a price between Rs 705 to Rs 741 per portion. The bidding for the Concord Biotech Limited IPO will begin on the 4th of August, 2023 & those who want to purchase it should make their bid as soon as possible. This company’s listing will be done on the BSE & NSE on the 18th of August, 2023.

Before investing in this company, you should know about the company’s past account and its profits. There are also some other competitive peers who are records in the share market, which are Divi’s Laboratories, Suven Pharmaceuticals, Laurus Labs & Shilpa Medicare.

Concord Biotech IPO Subscription Status

The Concord Biotech IPO Subscription Status will start from the 4th of August, 2023. So, those want to subscribe to this IPO have to visit their broker’s app or web portal and open the IPO section. After you open the IPO section, you can find various IPOs that are running right now.

From there, you have to choose Concord Biotech and then click on “Invest in IPO”. But, before this, you have to 1st log in on this page with your expertise like your name, mobile number, or your unique id & password. Then, you have to pay to full this subscription, but you should know that your money will only be clog (up) & it will not be sent anywhere.

Concord Biotech IPO Lot Size

The per-share cost of Concord Biotech will be between Rs 705 to Rs 741, and furthermore we realize that in any IPO public offering, the base venture is around Rs 15000. So the Concord Biotech IPO public offering Part Size is 20 offers with a base speculation of Rs 14,820. A financial backer can purchase a limit of 260 offers which is equivalent to 13 parts.

In this way, an individual with a solitary dealer can contribute a limit of Rs 192,660 with per share cost of Rs 741. In the event that you are keen on making a bid for this IPO public offering, you should realize that its last date is the eighth of August, 2023. To know the total

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Concord Biotech IPO

Grey Market Premium is the better way to understand the real story of the stock sell. Even more than the actual cost it’s the GMP trend that gives up the deep insights of the sell. Here is the Concord Biotech IPO GMP data for the gone by few days.

From the above chart, it is quite clear that flat though the GMP started at around 330 INR later it lessen to 150 INR. But when the matter will open on 4th August 2023 it is anticipate to have a great impact on the subscription numbers. So we require to wait until the issue opens.

29 July 2023330 INR.
30th July 2023325 INR.
31st July 2023205 INR.
1st August 2023180 INR.
2nd August 2023150 INR.
3rd August 2023150 INR

Concord Biotech Limited Company Finance

Content 31st March 2021 (Rs. in Million)31st March 2022 (Rs.in million)31st March 2023 (Rs.in Million)
Total Income6,307.507363.498884.77
Net worth9993.7311032.2312,900.01
Profit after Tax2348.871749.292400.84
Earning per share22.4516.7222.95
Money borrowed863.49605.86312.36

Reservation of Concord Biotech

Retail Shares Offered35% of the net issue or more.
QIB shares offered50% of the net issue or less.
NII Shares Offered15% of the net issue or more.

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Concord Biotech IPO Lot(s) Size

Lot(s) size is the lowest level number of shares an investor needs to bid to apply for an IPO. banker need to buy an IPO in the multiplication of Lot(s) size. Concord Biotech IPO Lot (s) dimensions is 20 shares. So a single Lot retail will cost a lowest level of 14820 Rs.

Application Share numbersLot(s)Cost of IPO
Retail minimum20114,820
S- HNI Minimum28014207,480
B- HNI Minimum1360681,007,760
Retail maximum26013192,660
S- HNI maximum134067992,940

Concord Biotech IPO Promoter Holding

Ankur Vaid & Sudhir Vaid are the Promoters of Concord Biotech Limited company.

Share holding of the pre-issue44.08%
Shareholding of the post issue44.08%

Concord Biotech IPO Important Dates

IPO open date4th August 2023
IPO close date8th August 2023
Date of allotment11th August 2023
Refunds initiation14th August 2023
Share credit to Demat17th August 2023
Time for UPI mandate confirmation8th August 2023.
Listing Date18th August 2023

Important Link

Our HomepageClick Here
Official WebsiteClick Here

Conclusion

The Concord Biotech IPO Subscription Status will become active on August 4th, 2023. Thus, those who wish to subscribe to this initial public offering (IPO) must access the IPO section of their broker’s app or website. You may browse through all of the various active IPOs when you enter the IPO section. Once you’ve decided on Concord Biotech, click the “Invest in IPO” option. You must first log in on this website using your credentials, such as your name, phone number, or special ID and password, in order to proceed. To finish this membership, you must pay, but you should be aware that your money won’t actually be delivered anywhere; rather, it will just remain blocked (up).

FAQ About Concord Biotech IPO GMP Today

What is GMP of Concord Biotech?

Market observers said that Concord Biotech IPO grey market premium (GMP) today is ₹185, which is ₹35 higher from its Friday GMP of ₹150. They said that trend reversal on Dalal Street could be the possible reason for rise in unlisted stock market sentiments in regard to Concord Biotech IPO.

Is Concord Biotech IPO good?

oncord Biotech IPO good? Many brokerages are recommending to subscribe to the Concord Biotech IPO, as the company has a strong presence in the niche segment of fermentation-based APIs, especially in immunosuppressants and oncology. The company also has a robust pipeline of products under development and a diversified geographical presence.

What is the GMP of an IPO?

IPO GMP refers to the difference between the price at which shares are traded in the grey market and the issue price set by the company.

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