Onyx Biotec Limited was founded in May 2005. The company is active in the healthcare industry and offers sterile pharmaceutical products. It has emerged as a major supplier of sterile products to major companies including the leading pharmaceutical companies across India. Onyx strives to provide high quality products at an affordable price.
The company manufactures sterile water for injections and acts as a pharmaceutical contract manufacturer offering a comprehensive range of dry powder injections and dry syrup for India and overseas. The products are processed and manufactured in accordance with global FDA best practices.
Onyx Biotec IPO, a SME IPO of ₹29.34 Cr opens for subscription from 13-11-2024 to 18-11-2024. The IPO consists of ₹29.34 Cr fresh issue. The face value is Rs. 10 and the price band is fixed at 58.00-61.00 per share. You can apply to the Onyx Biotec SME IPO for a minimum lot of 2000 shares amounting of Rs. 122000. The tentative listing date on the exchange (NSE SME) is 21-11-2024.
Onyx Biotec Services IPO Details
| IPO Open Date | November 13, 2024 |
| IPO Close Date | November 18, 2024 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹58 to ₹61 Per Share |
| Issue Size | Approx ₹29.34 Crores |
| Fresh Issue | Approx ₹29.34 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
Onyx Biotec Services IPO Timeline
The Onyx Biotec Services IPO date is November 13 and the close date is November 18. The Onyx Biotec Services IPO allotment will be finalized on November 19 and the IPO listing on November 21.
| IPO Open Date: | November 13, 2024 |
| IPO Close Date: | November 18, 2024 |
| Basis of Allotment: | November 19, 2024 |
| Refunds: | November 20, 2024 |
| Credit to Demat Account: | November 20, 2024 |
| IPO Listing Date: | November 21, 2024 |
Onyx Biotec SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹58.00-61.00 |
| Market Lot | 2000 Shares |
| 1 Lot Amount | ₹122000 |
| Min HNI Lots | 4000 shares (2 lots)- ₹244000 |
FY2024 Valuation Insights for Onyx Biotec Services IPO
| Period Ended | 31 May 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 7,476.57 | 7,413.58 | 5,872.36 | 3,683.84 |
| Revenue | 1,054.11 | 5,387.43 | 3,961.65 | 4,498.09 |
| Profit After Tax | 130.77 | 303.16 | 184.46 | 335.29 |
| Net Worth | 2,618.64 | 2,487.87 | 1,820.16 | 1,637.59 |
| Reserves and Surplus | 1,286.42 | 1,155.65 | 1,230.00 | 1,047.43 |
| Total Borrowing | 3,156.14 | 3,078.04 | 2,922.83 | 1,224.39 |
