Concord Biotech IPO Subscription Details

Bookbuilding IPO | ₹1,551 Cr | Listed at BSE, NSE | Fri, Aug 4, 2023 - Tue, Aug 8, 2023

Basis of Allotment - Concord Biotech IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)41,83,13062,74,6951,04,57,82510,45,78320,91,56531,37,34873,20,47910,0002,09,25,652
Allotment price (Rs.)741741741741741741741671741
No.of applications1274116843,47227,02970,50110,73,88134011,44,890
No.of shares applied28,25,74,14062,74,70028,88,48,8401,29,04,3004,02,34,5805,31,38,8802,71,03,30033,06036,91,24,080
Amount collected (Rs.cr.)20,938.74 464.96 21,403.70 956.21 2,981.38 3,937.59 2,008.35 2.22 27,350.86
No.of times subscribed67.551.0027.6212.3419.2416.943.703.3117.64
No.of shares allotted41,83,13062,74,6951,04,57,82510,45,78320,91,56531,37,34873,20,47910,0002,09,25,652
Amount (Rs.cr.)309.97 464.95 774.92 77.49 154.98 232.48 542.45 0.67 1,550.52
No.of allottees127411683,7347,46911,2033,66,0232083,77,602

IPO Shares Offered

Concord Biotech IPO is a public issue of 2.09 Cr equity shares. The issue offers 0.73 Cr shares to retail investors, 1.05 Cr shares to qualified institutional buyers, and 0.31 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,04,57,825774.92 49.98%
    Anchor 62,74,695 464.95 29.99%
    QIB (Ex Anchor) 41,83,130 309.97 19.99%
NII 31,37,348232.48 14.99%
    bNII (> ₹10L)20,91,565154.98 10.00%
    sNII (< ₹10L)10,45,78377.49 5.00%
Retail73,20,479542.45 34.98%
Employee10,0000.74 0.05%
Total2,09,25,6521,550.59 100%

Concord Biotech IPO Anchor Investor Allocation

A total of 62,74,695 shares at a price of Rs 741 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 03, 2023
Anchor investor price₹741.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days31,37,348
No. of shares locked-in for 90 days31,37,348
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOVERNMENT OF SINGAPORE GOVERNMENT OF SINGAPORE 3,37,220 24.99 5.37 1.61
2 ABU DHABI INVESTMENT AUTHORITY-STABLE ABU DHABI INVESTMENT 3,03,480 22.49 4.84 1.45
3 GOVERNMENT PENSION FUND GLOBAL GOVERNMENT PENSION FUND GLOBAL 3,03,480 22.49 4.84 1.45
4 POLAR CAPITAL FUNDS PLC-HEALTHCARE OPPORTUNITIES FUND POLAR CAPITAL 3,03,480 22.49 4.84 1.45
5 ASHOKA INDIA OPPORTUNITIES FUND ASHOKA 3,03,480 22.49 4.84 1.45
6 HSBC INDIAN EQUITY MOTHER FUND HSBC 3,03,480 22.49 4.84 1.45
7 WF ASIAN RECONNAISSANCE FUND LTD. WF ASIAN 3,03,480 22.49 4.84 1.45
8 AMUNDI FUNDS NEW SILK ROAD AMUNDI 3,03,480 22.49 4.84 1.45
9 PRUDENTIAL ASSURANCE CO.LTD.,THE PRUDENTIAL 3,03,480 22.49 4.84 1.45
10 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 3,03,480 22.49 4.84 1.45
11 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 1,89,660 14.05 3.02 0.91
12 NIPPON INDIA PHARMA FUND NIPPON INDIA MUTUAL FUND 1,13,820 8.43 1.81 0.54
13 MIRAE ASSET HEALTHCARE FUND MIRAE ASSET MUTUAL FUND 3,03,480 22.49 4.84 1.45
14 UTI HEALTHCARE FUND UTI MUTUAL FUND 1,51,740 11.24 2.42 0.73
15 UTI SMALL CAP FUND UTI MUTUAL FUND 1,51,740 11.24 2.42 0.73
16 DSP HEALTHCARE FUND DSP MUTUAL FUND 3,03,480 22.49 4.84 1.45
17 FRANKLIN INDIA SMALL CAP FUND FRANKLIN TEMPLETON MUTUAL FUND 2,36,040 17.49 3.76 1.13
18 FRANKLIN INDIA OPPORTUNITIES FUND FRANKLIN TEMPLETON MUTUAL FUND 67,440 5.00 1.07 0.32
19 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 1,91,480 14.19 3.05 0.92
20 MOTILAL OSWAL LARGE & MIDCAP FUND MOTILAL OSWAL MUTUAL FUND 1,91,515 14.19 3.05 0.92
21 EDELWEISS LARGE & MID CAP FUND EDELWEISS MUTUAL FUND 17,540 1.30 0.28 0.08
22 EDELWEISS SMALL CAP FUND EDELWEISS MUTUAL FUND 24,300 1.80 0.39 0.12
23 EDELWEISS FOCUSED FUND EDELWEISS MUTUAL FUND 36,360 2.69 0.58 0.17
24 EDELWEISS ELSS TAX SAVER FUND EDELWEISS MUTUAL FUND 17,540 1.30 0.28 0.08
25 EDELWEISS AGGRESSIVE HYBRID FUND EDELWEISS MUTUAL FUND 28,260 2.09 0.45 0.14
26 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 67,480 5.00 1.08 0.32
27 INVESCO INDIA FLEXI CAP FUND INVESCO MUTUAL FUND 1,34,940 10.00 2.15 0.64
28 INVESCO INDIA AGGRESSIVE HYBRID FUND INVESCO MUTUAL FUND 56,540 4.19 0.90 0.27
29 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 80,960 6.00 1.29 0.39
30 BANDHAN MIDCAP FUND BANDHAN MUTUAL FUND 1,10,520 8.19 1.76 0.53
31 BARODA BNP PARIBAS LARGE & MID CAP FUND BARODA BNP PARIBAS MUTUAL FUND 1,91,480 14.19 3.05 0.92
32 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 1,34,960 10.00 2.15 0.64
33 MAX LIFE INSURANCE CO.LTD.-PURE GROWTH FUND MAX LIFE INSURANCE 16,180 1.20 0.26 0.08
34 AXIS MAX LIFE INSURANCE LTD.-SUSTAINABLE EQUITY FUND-ULIF02505/10/21 SUSTAINEQU104 AXIS MAX LIFE INSURANCE 26,380 1.95 0.42 0.13
35 MAX LIFE INSURANCE CO.LTD.-ULIF 01213/08/07 PENSGRWSUP 104-PENSION GROWTH SUPER FUND MAX LIFE INSURANCE 32,380 2.40 0.52 0.15
36 MAX LIFE INSURANCE CO.LTD.-ULIF 02201/01/20 LIFEDIVEQF 104-DIVERSIFIED EQUITY FUND MAX LIFE INSURANCE 60,020 4.45 0.96 0.29
37 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 1,34,960 10.00 2.15 0.64
38 TATA AIA LIFE INSURANCE CO.LTD.-EMERGING OPPORTUNITIES FUND-ULIF 064 12/09/22 EOF 110 TATA AIA LIFE INSURANCE 60,720 4.50 0.97 0.29
39 TATA AIA LIFE INSURANCE CO.LTD.-SMALL CAP DISCOVERY FUND (ULIF 071 22/05/23 SCF 110) TATA AIA LIFE INSURANCE 33,740 2.50 0.54 0.16
40 TATA AIA LIFE INSURANCE CO.LTD.-WHOLE LIFE STABLE GROWTH FUND (ULIF 011 04/01/07 WLS 110) TATA AIA LIFE INSURANCE 27,000 2.00 0.43 0.13
41 TATA AIA LIFE INSURANCE CO.LTD.-DYNAMIC ADVANTAGE EQUITY FUND (ULIF 066 12/0/22 DAF 110) TATA AIA LIFE INSURANCE 13,500 1.00 0.22 0.06
62,74,695464.9510029.99

IPO Subscription FAQs

The Concord Biotech IPO is subscribed 24.87 times by Aug 08, 2023 19:02.

Concord Biotech IPO Subscription

Investor Category Subscription (times)
Qualified Institutional67.67
Non Institutional16.99
Retail Individual3.78
Employee Reservations24.48
Total Subscription24.87

Retail category of Concord Biotech IPO subscribed 3.78 times as of date Aug 08, 2023 19:02. The public issue closes on Tue, Aug 8, 2023 for bidding.

An investor can apply in Concord Biotech IPO online via bank (using ASBA) or the broker (using UPI). The Concord Biotech IPO shares are offered online only.

The Concord Biotech IPO is subscribed 24.87 times by Aug 08, 2023 19:02.

The Concord Biotech IPO allotment status is expected on or around Friday, August 11, 2023. Visit Concord Biotech IPO allotment status to check.

The Concord Biotech IPO listing date is August 18, 2023. The equity share of Concord Biotech IPO will list on BSE, NSE.

Visit Concord Biotech IPO subscription status page for real-time bidding information about Concord Biotech IPO.

Concord Biotech IPO Timetable

IPO opens OnFriday, August 4, 2023
IPO Closes OnTuesday, August 8, 2023
Finalisation of Basis of AllotmentFriday, August 11, 2023
Initiation of RefundsMonday, August 14, 2023
Credit of Shares to Demat AccountThursday, August 17, 2023
IPO Listing DateFriday, August 18, 2023
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