IPO Premiums
IPO calendar
WBWINDLASListed

Windlas Biotech Limited

Bookbuilding IPO · NSE, BSE

Price band
₹448-₹460
Lot size
30 shares
Issue amount
₹402 cr
Total subscription
0×
Current price₹906.1
Listing price ₹437
Watch live price ↗
Opens
4 Aug 2021
Closes
6 Aug 2021
Allotment
11 Aug 2021
Listing
16 Aug 2021

Offer at a glance

Issue overview

Issue size
87,29,023 shares
Face value
₹5 per share
Minimum investment
₹13,440
Fresh issue
₹165 cr
Offer for sale
₹237 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹13,800
Issue type
Bookbuilding IPO
Shares before issue
1,82,07,419
Shares after issue
2,17,94,375

Lot sizes

CategoryLotsSharesAmount
RETAIL130₹13,800
sHNI15450₹2,07,000
bHNI732,190₹10,07,400

Share reservation

QIB50%
NII (HNI)15%
RETAIL35%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

0408020 May: ₹80
20 May₹8020 May

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
02,0004,0006,000Mar-19 · Revenue: 3,115.25Mar-19 · Profit after tax: 638.22Mar-19Mar-20 · Revenue: 3,313.39Mar-20 · Profit after tax: 162.13Mar-20Mar-21 · Revenue: 4,306.95Mar-21 · Profit after tax: 155.7Mar-21
RevenueProfit after tax

Company information

Company profile

Incorporated in 2001, Windlas Biotech Ltd is a prominent pharmaceutical company in India’s CDMO segment, offering end-to-end services from product discovery and development to licensing and commercial manufacturing of generic and complex generic products. The company also markets its own branded products in the trade generics and OTC segments, focusing on chronic therapeutic categories related to lifestyle disorders. Windlas Biotech operates across three verticals: CDMO services, domestic trade generics and nutraceuticals, and exports. Its marquee clients include Pfizer, Sanofi India, Cadila Healthcare, Emcure Pharmaceuticals, Eris Lifesciences, Intas Pharmaceuticals, and Systopic Laboratories. The company’s Dehradun-based manufacturing facilities have an installed capacity of 7,063.83 million tablets/capsules, 54.46 million pouches/sachets, and 61.08 million liquid bottles.

Strengths

  • Leading CDMO Player: Top company in India’s pharmaceutical formulation CDMO segment.
  • Therapeutic Focus: Strong emphasis on chronic therapy products.
  • Advanced Facilities: State-of-the-art manufacturing units in Dehradun, Uttarakhand.
  • Experienced Leadership: Professional promoters supported by a skilled senior management team.
  • Innovative Portfolio: Offers complex generic products.
  • Strong Financials: Demonstrates a robust track record of financial performance.

Promoters

Ashok Kumar Windlass

Hitesh Windlass

Manoj Kumar Windlass

AKW WBL Family Pvt Trust

Registrar & documents

Lead manager

Dam Capital Advisors Limited, IIFL Capital Services Limited, SBI Capital Markets Limited

Registered office

40/1, Mohabewala Industrial Area, Dehradun, 248110

+91 135 6608000

[email protected]Company website ↗

Understanding WINDLAS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.