Anthem Biosciences IPO

LISTED
MAINBOARD

NSE • Lot Size: 26 • Mainboard

Issue570
Listed640.68+12%
Now630+10.5%
10.5%

*Last updated on 11 Jan 2026

Price Band

₹540 - ₹570

Lot Size

26

Issue Size

₹3395 Cr

GMP

N/A

Subscription

67.42x

Analyzing...

IPO Schedule

1

Open

14 Jul 2025

2

Close

16 Jul 2025

3

Allotment

-

4

Listing

21 Jul 2025

About Anthem Biosciences

Anthem Biosciences is a contract research and manufacturing services (CRAMS) provider focused on the pharmaceutical and biotechnology industries. They offer a range of services, including drug discovery, development, and manufacturing, catering to both domestic and international clients.

Key Strengths

  • Strong financial performance with consistent revenue growth and profitability.
  • Experienced management team with a proven track record in the CRAMS industry.
  • Diversified service offerings across the drug development and manufacturing value chain.
  • Established relationships with leading pharmaceutical and biotechnology companies.
  • Focus on innovation and technology adoption in its service delivery.

Risk Factors

  • Dependence on key clients, with a significant portion of revenue derived from a limited number of customers.
  • Exposure to regulatory risks and compliance requirements in the pharmaceutical industry.
  • Intense competition from other CRAMS providers, both domestic and international.

Valuation Analysis

The IPO is priced at a premium, reflected in the high P/E ratio, which may limit immediate upside potential for investors, especially given the competitive landscape.

IPO Details

ExchangeNSE
SegmentMAINBOARD
ISININE0CZ201020
NSE SymbolANTHEM
Face Value2
Lot Size26
Issue Size₹3395 Cr

Key Metrics

ROE20.1
ROCE24.5
P/E Ratio28.2
Industry P/E20
EPS8.07
PAT Margin23.38%
Debt/Equity0.38

Growth & Quality

ProfitableYes ✓

Subscription

Total0.77x
Imbalance Ratio7.6x

Documents

RHP not available

Key Dates

Open Date14 Jul 2025
Close Date16 Jul 2025
Listing21 Jul 2025