{"id":2477,"date":"2021-08-04T07:01:58","date_gmt":"2021-08-04T07:01:58","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=2477"},"modified":"2021-08-04T07:01:58","modified_gmt":"2021-08-04T07:01:58","slug":"windlas-biotech-ipo-details-dates-price-overview","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/windlas-biotech-ipo-details-dates-price-overview\/","title":{"rendered":"Windlas Biotech IPO Details &#8211; Dates, Price &#038; Overview"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Rs. 402-worth-IPO of Windlas Biotech Ltd. is all set to join a list of companies that will be going public this week. The Post Issue Implied Market Cap is at Rs.1,003 Cr at upper band <\/span><span style=\"font-weight: 400;\">and the total shares on offer is upto 8,825,102. <\/span><span style=\"font-weight: 400;\">The IPO will be open on 4th August and close on 6th August.\u00a0 <\/span><span style=\"font-weight: 400;\">The The price band of each share is fixed at Rs. 448 &#8211; Rs. 460. And the face value of each share is Rs. 5.\u00a0<\/span><\/p>\n<h3><strong>Know the Company:<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Windlas Biotech Ltd is amongst the top five players in the domestic pharmaceutical formulations Contract Development and Manufacturing Organization (\u201cCDMO\u201d) industry in India in terms of revenue. With over two decades of experience in manufacturing both solid and liquid pharmaceutical dosage forms and significant experience in providing specialized capabilities, including, high potency, controlled substances and low-solubility.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company was founded in 2001 and provides pharmaceutical development services, large-scale manufacturing services to its customers in India and overseas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company&#8217;s top customers include leading pharma companies like Cadila Healthcare Ltd, Pfizer Ltd, Sanofi India Ltd, Emcure Pharmaceuticals Ltd, Eris Lifesciences Ltd, Systopic Laboratories Private Limited, etc.<\/span><\/p>\n<h3><strong>IPO Timeline<\/strong><\/h3>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-2478 size-full\" src=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/04_Windlas-Biotech-Limited_ipo_3-aug_-1.png\" alt=\"Windlas \" width=\"885\" height=\"613\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/04_Windlas-Biotech-Limited_ipo_3-aug_-1.png 885w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/04_Windlas-Biotech-Limited_ipo_3-aug_-1-300x208.png 300w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/04_Windlas-Biotech-Limited_ipo_3-aug_-1-768x532.png 768w\" sizes=\"(max-width: 885px) 100vw, 885px\" \/><\/p>\n<h3><strong>Objective of the IPO<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">With the accumulated funds, the company intends to purchase equipment required for capacity expansion of our existing facility at Dehradun Plant IV.<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">They plan to finance incremental working capital requirements of the company<\/span><\/li>\n<li>The Repayment\/prepayment of company&#8217;s borrowings<\/li>\n<li>The funds will also be utilised towards the general corporate purposes<\/li>\n<\/ul>\n<h3><strong>Company Promoters<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Ashok Kumar Windlass, Hitesh Windlass, Manoj Kumar Windlass, and AKW WBL Family Pvt Trust are the company promoters.<\/span><\/p>\n<h3><strong>Financials of the Company<\/strong><\/h3>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-2479 size-large\" src=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/03Windlas-Biotech-Limited_ipo_3-aug-831x1024.jpg\" alt=\"Krsnna \" width=\"831\" height=\"1024\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/03Windlas-Biotech-Limited_ipo_3-aug-831x1024.jpg 831w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/03Windlas-Biotech-Limited_ipo_3-aug-243x300.jpg 243w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/03Windlas-Biotech-Limited_ipo_3-aug-768x946.jpg 768w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2021\/08\/03Windlas-Biotech-Limited_ipo_3-aug.jpg 939w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><\/p>\n<h3><strong>Strengths of the Company<\/strong><\/h3>\n<ol>\n<li><span style=\"font-weight: 400;\"> Windlas Biotech is a leading market player in the domestic pharmaceutical formulation CDMO segment.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> It has a strong focus on the chronic therapeutic category.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> The company boasts state-of-the-art manufacturing facilities in Dehradun, Uttarakhand.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> It has a professional and experienced Promoters and a senior management team.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> The company has an innovative product portfolio of complex generic products.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> There is a robust\u00a0 financial performance track record.<\/span><\/li>\n<\/ol>\n<h3><strong>Risks Involved<\/strong><\/h3>\n<ol>\n<li><span style=\"font-weight: 400;\"> 85% of the company&#8217;s total revenue comes from CDMO customers.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> The company is entering into the new business of manufacturing injectables.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> There are outstanding litigation proceedings against the Company and Directors.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> The company has not declared dividends in the current financial year or the last three financial years.\u00a0<\/span><\/li>\n<\/ol>\n<p><em><span style=\"font-weight: 400;\">Sources &#8211; RHP, BLRM\u00a0<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400;\">This content is purely for informational purpose and in no way an advice or recommendation. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Paytm Money Ltd SEBI Reg No. Broking &#8211; INZ000240532. NSE (90165), BSE(6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. visit www.paytmmoney.com for complete disclaimers.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Rs. 402-worth-IPO of Windlas Biotech Ltd. is all set to join a list of companies that will be going public this week. The Post Issue Implied Market Cap is at Rs.1,003 Cr at upper band and the total shares on offer is upto 8,825,102. The IPO will be open on 4th August and close<a href=\"https:\/\/www.paytmmoney.com\/blog\/windlas-biotech-ipo-details-dates-price-overview\/\">Continue reading <span class=\"sr-only\">&#8220;Windlas Biotech IPO Details &#8211; Dates, Price &#038; Overview&#8221;<\/span><\/a><\/p>\n","protected":false},"author":23,"featured_media":2480,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-2477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/2477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=2477"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/2477\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/2480"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=2477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=2477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=2477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}