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INDEGENE

Indegene IPO Description: Indegene is a pioneering commercialization company dedicated to serving the global life sciences sector. With a laser focus on biopharmaceuticals, emerging biotech, and medical device firms, its cutting-edge solutions streamline product development, market launch, and sales optimization throughout the product lifecycle.

As of December 31, 2023, Indegene boasts partnerships with the top 20 biopharmaceutical companies worldwide by revenue. The company maintains an active client base of 65, with revenue distribution reflecting its robust client relationships. Among these, 27 clients contributed between USD 1 million and USD 10 million in revenues, while five clients generated between USD 10 million and USD 25 million. Impressively, three clients yielded revenues exceeding USD 25 million during the 12-month period ending December 31, 2023.

Indegene’s innovation extends to its suite of proprietary tools and platforms, marked by the distinctive “NEXT” branding. Leveraging AI, ML, NLP, and advanced analytics, these tools drive transformative efficiencies across the commercialization lifecycle of biopharmaceutical products and medical devices, positioning Indegene as a leader in the industry’s digital evolution..

Indegene IPO Details

Signature Global IPO Details
Indegene IPO Dates
6 – 8 May 2024
Indegene Issue Price
INR 430 – 452 per share
Fresh issue
INR 760 crore
Offer For Sale
23,932,732 shares (INR 1,081.76 crore)
Total IPO Size
INR 1,841.76 crore
Minimum bid (size)
33 shares (INR 14,916)
Face Value
INR 2 per share
Retail Allocation
35%
Listing On
NSE, BSE

Indegene Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

9M FY 2024

Revenue

966.27

1,664.61

2,306.13

1,916.61

Expenses

768.25

1,417.10

2,001.05

1,644.64

Net income

149.41

162.82

266.10

241.90

Margin (%)

15.46

9.78

11.54

12.62

Figures in INR Crore unless specified otherwise

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