π IPO Timeline
- Bidding Period: September 1 β September 3, 2025
- Allotment Date: September 4, 2025
- Refunds & Demat Credit: Around September 5β8, 2025
- Listing Date: Expected on September 8 or 9, 2025 (BSE & NSE)
π° Issue Structure
- IPO Type: Fresh issue of 1 crore equity shares
- Estimated Fund Raise: Up to βΉ126 crore
- Face Value: βΉ10 per share
- Price Band: βΉ120 β βΉ126
- Lot Size: Minimum 119 shares (approx. βΉ14,994 at upper band)
- Investor Quota:
- QIBs β up to 50%
- NIIs β 15%
- Retail β 35%
π Use of IPO Proceeds
Funds will be utilized for:
- Setting up a new SteriPort line at the companyβs plant in Gujarat (~βΉ70 crore)
- Installation of a small-volume parenteral (SVP) line (~βΉ30 crore)
- Remaining amount for general business needs
π’ Company Profile
- Founded in 1994, Amanta Healthcare manufactures sterile liquid medicines such as LVPs (large-volume parenterals) and SVPs (small-volume parenterals).
- Supplies both Indian and global markets (exports to over 20 countries).
- Works with advanced manufacturing technologies like ABFS and ISBM.
π Financial Snapshot (FY25 vs FY24)
- Revenue: βΉ276 crore (slightly down from βΉ281 crore)
- Net Profit: βΉ10.5 crore (up from βΉ3.6 crore)
- Net Worth: βΉ96 crore (βΉ66 crore in FY24)
- Margins: EBITDA ~22%; PAT margin ~3.9%
- ROE: 12.4% | ROCE: 13.7%
π Subscription Status
- Day 1: 4.6Γ subscribed β retail 6.7Γ, NIIs 5.8Γ, QIBs minimal
- Day 2: Around 16Γ β retail 20Γ, NIIs 28Γ, QIBs ~14% covered
- Day 3: Oversubscribed 23Γ overall
πΉ Grey Market Premium (GMP)
- GMP fluctuated between βΉ13β25 per share
- Indicates possible listing gains of 10β15%
π Key Takeaways
- Solid growth in profitability with strong margins
- Focused use of IPO funds on expansion
- Healthy demand from retail and HNI investors
- Valuation slightly on the higher side (P/E ~46x)