IPO Trending
WINDLASEQ / NSE, BSEListed
Windlas Biotech

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.

₹448 - ₹460Open
Listed Price₹437.00
Listing Gain-5.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open04 Aug 2021
Close06 Aug 2021
Allotment11 Aug 2021
Listing16 Aug 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB43,64,510 shares
50%
Nii (hni)13,09,354 shares
15%
Retail30,55,159 shares
35%

Minimum Application Lots

Retail1 Lot (30 shares)
₹13,800
sHNI15 Lots (450 shares)
₹2,07,000
bHNI73 Lots (2,190 shares)
₹10,07,400

Company Promoters

Ashok Kumar WindlassHitesh WindlassManoj Kumar WindlassAKW WBL Family Pvt Trust

Company Background

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 ch...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-21)₹4306.95 Cr
Growth+38.3%
Revenue Trend (₹ in Crores)
0.01.7k3.3k5.0kMar-19Mar-20Mar-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-214,306.95155.702,961.230
Mar-203,313.39162.133,384.880
Mar-193,115.25638.222,981.800

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
11 Aug 2021
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
16 Aug 2021

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Windlas Biotech. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Aug 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Aug 2021Trading commences on exchange

How to Check Windlas Biotech Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Windlas Biotech from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Windlas Biotech IPO

Complete issue overview for Windlas Biotech (WINDLAS) IPO. The issue features an equity share price band of ₹448 – ₹460 per share with a minimum retail lot size of 30 Shares (minimum application amount of ₹13,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions