
Onyx Biotec Limited
Onyx Biotec Limited(ONYX)
Total Shares
48,10,000
Issue Size
₹29.34 Cr
Price Band
₹58 – ₹61
Lot Size
2000 shares
Min. Investment
₹1,22,000
Max. Investment
₹1,22,000
Open Date
13 Nov, 2024
Close Date
18 Nov, 2024
Allotment
19 Nov, 2024
Listing
22 Nov, 2024
Max. Investment
₹1,22,000
Announced
13 Nov, 2024
Opening Date
13 Nov, 2024
Closing Date
18 Nov, 2024
Basis of Allotment
19 Nov, 2024
Initiation of Refunds
21 Nov, 2024
Credit of Shares
21 Nov, 2024
Listing Date
22 Nov, 2024
Live GMP
Est. Listing: ₹66
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About Onyx Biotec Limited IPO
Incorporated in May 2005, Onyx Biotec Limited is a pharmaceutical company providing sterile water for injections. The company currently manufactures Sterile Water for Injections and serves as a pharmaceutical contract manufacturer, offering a comprehensive range of Dry Powder Injections and Dry Syrups for both the Indian and overseas markets.
The company has two manufacturing units in Solan, Himachal Pradesh. Unit I has a daily production capacity of 638,889 units of Steri
Onyx Biotec Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 36.1% increase in shares
Onyx Biotec Limited IPO Financials Health
Onyx Biotec Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,22,000 |
| Retail Maximum | 1 | 2000 | ₹1,22,000 |
| HNI Minimum | 2 | 4000 | ₹2,44,000 |
(All values in CR)
Onyx Biotec Limited IPO Valuation
| Metric | Value |
|---|---|
| EPS Post IPO | 4.33 |
| EPS Pre IPO | 2.28 |
| P/E Post IPO | 14.1 |
| P/E Pre IPO | 26.81 |
(All values in CR)
Strength & Risk of Onyx Biotec Limited IPO
1. One of the prominent contract manufacturers in sterile manufacturing.
2. Quality Assurance and Quality Control of our products.
3. Strong, cordial & long-term relationship with our Marque Clientele.
4. Cost effective production and timely fulfilment of orders.
5. Well experienced management team with proven project management and implementation skills.
1. Its manufacturing units are concentrated in Solan, Himachal Pradesh, and the company is exposed to risks originating from economic, regulatory, political and other changes in this region, including natural disasters, which could adversely affect its business, results of operations and financial condition.
2. Any slowdown or shutdown in its manufacturing operations could have an adverse effect on its business, results of operations, financial condition and cash flows.
3. Any manufacturing or quality control concerns or its inability to deliver products on a timely basis, or at all, could result in the cancellation of purchase orders, breaches of relevant agreements, and termination of agreements by its clients and distributors, which could have an adverse effect on its business, results of operations, financial condition and cash flows.
4. Its manufacturing units are subject to periodic inspections and audits by regulatory authorities and clients. The company may be subject to regulatory action which may damage its reputation leading to an adverse effect on its business, results of operations, financial condition and cash flows.
5. The company relies on domestic and international third-party suppliers for the supply of raw materials and any delay, interruption or reduction in such supply could adversely affect its business, results of operations, financial condition and cash flows.
6. Its business is dependent on sale of products to a limited number of clients for a significant portion of its revenues. The loss of one or more such clients or the deterioration of their financial condition or prospects could adversely affect its business, results of operations and financial condition.
7. The Company is reliant on the demand from the pharmaceutical industry. Any downturn in the pharmaceutical industry or an inability to increase or effectively manage its sales could have an adverse impact on the Company's business and results of operations.
8. The commercial success of its products depends to a large extent on the success of the products of its customers. If the demand for the products of the company's customers declines, it could have a material adverse effect on its business, financial condition and results of operations.
9. Its may faces several risks associated with the proposed expansion of the company's manufacturing facilities, which could hamper its growth, prospects, cash flows and business and financial condition.
10. Its cannot assure you that the proposed expansion of the company's manufacturing units will become operational as scheduled, or at all, or operates as efficiently as planned. If the company is unable to commission its new facilities in a timely manner or without cost overruns, it may adversely affect its business, results of operations and financial condition.
Onyx Biotec Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 13,66,000 | 13,66,000 | 8.33 |
| HNI | 603.22 | 6,88,000 | 41,50,12,000 | 2 |
| Market Maker | 1.00 | 2,44,000 | 2,44,000 | 1.49 |
| QIB | 32.49 | 9,12,000 | 2,96,34,000 | 180.77 |
| Retail | 118.26 | 16,00,000 | 18,92,10,000 | 1 |
| Total | 198.08 | 32,00,000 | 63,38,56,000 | 3 |
Onyx Biotec Limited IPO GMP
Last updated 11 Nov, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 11 Nov, 2024 | 61 | ₹5▼ | 7600 | ₹66 (8.20%) | - | 11 Nov, 2024 |
| 13 Nov, 2024 | 61 | ₹15 | 22800 | ₹76 (24.59%) | - | 13 Nov, 2024 |
| 14 Nov, 2024 | 61 | ₹15 | 22800 | ₹76 (24.59%) | - | 14 Nov, 2024 |
| 15 Nov, 2024 | 61 | ₹15▲ | 22800 | ₹76 (24.59%) | - | 15 Nov, 2024 |
| 18 Nov, 2024 | 61 | ₹10 | 15200 | ₹71 (16.39%) | - | 18 Nov, 2024 |
| 19 Nov, 2024 | 61 | ₹10▲ | 15200 | ₹71 (16.39%) | - | 19 Nov, 2024 |
| 20 Nov, 2024 | 61 | ₹6 | 9100 | ₹67 (9.84%) | - | 20 Nov, 2024 |
| 21 Nov, 2024 | 61 | ₹6▲ | 9100 | ₹67 (9.84%) | - | 21 Nov, 2024 |
| 22 Nov, 2024 | 61 | ₹5 | 7600 | ₹66 (8.20%) | - | 22 Nov, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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