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Onyx Biotec IPO; Key GMP Updates You shouldn’t miss, Know More!

Onyx Biotec IPO offers shares at ₹58 to ₹61, with ₹5 Grey Market Premium. The subscription runs from November 13 to November 18, 2024.
Onyx Biotec IPO; Key GMP Updates You shouldn't miss, Know More!

The Grey Market Premium (GMP) for Onyx Biotec’s IPO is ₹5. Shares are priced between ₹58 to ₹61. The IPO subscription window is set from November 13 to November 18, 2024. 

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Onyx Biotec Ltd IPO GMP Today

The Grey Market Premium (GMP) for Onyx Biotec Ltd is ₹5, coinciding with a price range from ₹58 to ₹61 per share for the IPO.

Onyx Biotec Ltd IPO Review

As of May 31, 2024, the company reported total assets of ₹7,476.57 lakhs and revenue of ₹1,054.11 lakhs. The profit after tax for the period was ₹130.77 lakhs, reflecting a decrease compared to previous periods, indicating ongoing challenges in revenue generation and profitability.

The net worth of the company stood at ₹2,618.64 lakhs, bolstered by reserves and surplus of ₹1,286.42 lakhs. Total borrowing reached ₹3,156.14 lakhs, showcasing the company’s financial strategies as it seeks to manage debt while pursuing growth opportunities and enhancing its operational capacity in the market.

To get a full IPO review, click here Onyx Biotec IPO

Onyx Biotec Ltd IPO Date

Onyx Biotec Ltd will start accepting subscriptions from November 13 to November 18, 2024.

Onyx Biotec Ltd IPO Price

Onyx Biotec Ltd’s price range is from ₹58 to ₹61 per share with a face value of ₹10 each.

Onyx Biotec Ltd

Onyx Biotec Limited incorporated in May 2005, specialises in sterile water for injections and serves as a contract manufacturer. With two manufacturing units in Solan, Himachal Pradesh, it produces 638,889 units of sterile water daily, alongside dry powder injections and dry syrups. Its clientele includes major firms like Hetero Healthcare and Sun Pharmaceutical Industries.

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How To Apply For Onyx Biotec Ltd IPO?

To apply for the Onyx Biotec Ltd IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Onyx Biotec Ltd on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Onyx Biotec Ltd IPO at Alice Blue in just a few clicks!

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