Concord Biotech IPO Allotment Today: How To Check Allotment Status

Concord Biotech's IPO, offering shares to investors, saw robust subscription

(Source: Concord Biotech's Website)

Concord Biotech Ltd., a prominent India-based biopharmaceutical company specializing in fermentation-based active pharmaceutical ingredients (APIs), launched its initial public offering (IPO) on August 4.

The IPO consists of 20.93 million equity shares being offered for sale by Helix Investments, representing 20% of the company's pre-offer shareholding.

Concord Biotech IPO Allotment Date

Concord Biotech is likely to finalise the basis of the allotment of its shares on Friday, August 11.

Concord Biotech IPO Listing Date

Concord Biotech IPO will to be listed on BSE & NSE on Friday, August 18.

Concord Biotech IPO Timeline

  • IPO Opened: August 4

  • IPO Closed: August 8

  • Basis of Allotment Finalized: August 10

  • Refunds to Non-allottees Initiated: August 14

  • Demat Credits to Allottees: August 17

  • Listing Date: August 18

Concord Biotech Subscription Status

Day 1 Subscription (Friday):

  • Institutional Investors: 1%

  • Non-Institutional Investors: 1.01 times

  • Retail Investors: 72%

  • Employee Reserved: 5.73 times

  • Overall: 0.58 times

Day 2 Subscription (Monday):

  • Institutional Investors: 1.61 times

  • Non-Institutional Investors: 5.22 times

  • Retail Investors: 2.26 times

  • Employee Reserved: 15.68 times

  • Overall: 2.72 times

Day 3 Subscription (Tuesday):

  • Institutional Investors: 67.67 times

  • Non-Institutional Investors: 16.99 times

  • Retail Investors: 3.78 times

  • Employee Reserved: 24.48 times

  • Overall: 24.87 times

Also Read: Concord Biotech IPO Subscribed 24.87 Times On Day 3

How To Check Concord Biotech IPO Allotment Status On BSE

Investors can check the allotment status of the Concord Biotech IPO on the Bombay Stock Exchange (BSE) website by following these steps.

  • Visit the BSE website (www.bseindia.com).

  • Navigate to the "Investors" section and select "IPO Allotment Status."

  • Choose "Equity" and then select "Concord Biotech Ltd."

  • Enter your Application Number and PAN (Permanent Account Number).

  • Click on the "Search" button to view the IPO allotment status.

How To Check Concord Biotech IPO Allotment Status On Link Intime

Investors can also check the IPO allotment status on the Link Intime website. Here's how:

  • Visit the Link Intime website (www.linkintime.co.in).

  • Click on the "Public Issues" tab and select "IPO Status."

  • Choose "Concord Biotech Ltd." from the dropdown menu.

  • Enter your Application Number or PAN (Permanent Account Number) and click on the "Search" button to view the allotment status.

Also Read: Concord Biotech IPO: All You Need To Know

About Concord Biotech:

Concord Biotech is a leading Indian biopharmaceutical company specializing in fermentation-based active pharmaceutical ingredients (APIs), supplying immunosuppressants and oncology APIs to global markets, including the U.S., Europe, and Japan.

With a strong track record and extensive API portfolio, it has achieved a notable market share and is poised for growth with its recent IPO launch.

Also Read: Concord Biotech Garners Rs 465 Crore From Anchor Investors

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WRITTEN BY
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Komal Jain
Komal Jain is a versatile content writer with expertise in real estate, ent... more
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