
Overview
Anthem Biosciences, a Bengaluru-based leader in the Contract Research, Development, and Manufacturing Organization (CRDMO) segment, launched its much-anticipated Initial Public Offering (IPO) in July 2025. The offering attracted significant attention due to the company’s reputation for innovative biopharma services and robust growth.
Timeline of Events
Event | Date | Status |
---|---|---|
IPO Opened | July 14, 2025 | Completed |
IPO Closed | July 16, 2025 | Completed |
Allotment Finalization | July 17, 2025 | Completed (basis of allotment published) |
Initiation of Refunds | July 18, 2025 | Expected to commence |
Shares Credited to Demat Accounts | July 18, 2025 | Expected by end of day |
Listing on BSE & NSE | July 21, 2025 | Upcoming (Monday) |
IPO Details
- Total Issue Size: ₹3,395 crore (100% Offer for Sale, 5.96 crore shares)
- Price Band: ₹540–₹570 per share
- Minimum Lot Size: 26 shares (minimum investment: ₹14,040)
- Lead Managers: JM Financial, Citigroup, JP Morgan India, Nomura
- Registrar: Kfin Technologies Limited
Subscription Data
Category | Subscription Times |
---|---|
Qualified Institutional Buyers (QIB) | 182.65x |
Non-Institutional Investors (NII) | 42.36x |
Retail Individual Investors (RII) | 5.64x |
Overall | 63.86x |
- The extremely high QIB and NII participation underscores institutional confidence in Anthem Biosciences’ business model and outlook.
Allotment Status: Step-By-Step Guide
- Allotment Basis Finalized:
On July 17, 2025, the registrar, Kfin Technologies, published the basis of allotment—a document outlining the category-wise allotment ratio. This document details how the available shares were distributed among applicants in each category. - How to Check Your Allotment:
Investors can check their IPO allotment status via three main channels:- The official website of Kfin Technologies (IPO allotment section), by entering their application number, PAN, or DP/Client ID.
- The BSE/NSE websites’ IPO status pages, which require similar information.
- Email/SMS notifications may also be sent directly to investors, depending on registrar and bank policies.
- Share Credit and Refunds:
- Successful applicants are scheduled to have their allotted shares credited to their demat accounts on July 18, 2025.
- Refunds for non-allottees also begin processing on July 18, 2025, with completion expected by the following banking day.
Grey Market Activity & Listing Expectations
- Grey Market Premium (GMP): As of July 17, 2025, the grey market tracked a premium of approximately ₹150–₹160 per share. This suggests an implied listing price near ₹720 (above the upper price band), indicating strong demand and an anticipated 26–28% gain for investors at listing.
- Expected Debut: Anthem Biosciences shares are scheduled to list on both NSE and BSE on Monday, July 21, 2025. Speculation around the listing is intense, given the robust subscription figures and positive market sentiment.
Key Points for Investors
- High Oversubscription: The overwhelming subscription rates, especially from QIBs, highlight Anthem’s high market confidence and likely strong listing performance.
- Official Channels: Only check the allotment status via Kfin Technologies, BSE, or NSE platforms to avoid misinformation.
- Next Steps: Monitor your demat account for share credit and check your bank account for any applicable refund by July 18–19, 2025.
Anthem Biosciences’ IPO journey stands out for its oversubscription rates, market optimism, and anticipation for its market debut. Investors remain keenly watchful of the listing day on July 21, expecting notable activity in the stock’s early trading.
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