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Windlas Biotech IPO

Open 4th Aug 2021 · Close 6th Aug 2021 · Listing 16th Aug 2021

Price Band₹448.00–₹460.00
Live GMP₹80.00
Subscription22.44×
Issue Size₹401.54 Cr
Allotment11th Aug 2021

IPO Objectives

Windlas Biotech IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Purchase of equipment required for (i) capacity expansion of the existing facility at the Dehradun Plant – IV; and (ii) addition of injectables dosage capability at our existing facility at Dehradun Plant – II₹50.00 Cr
2Funding incremental working capital requirements of the Company₹47.56 Cr
3Repayment/prepayment of certain of the borrowings₹20.00 Cr
4General corporate purposes(₹34.60 Cr