Onyx Biotec IPO Date, Review, Price, Allotment Details

Onyx Biotec Services IPO open date is November 13, 2024 and the IPO will close on November 18, 2024. Onyx Biotec Services IPO is a Book Built Issue. The company to raise around ₹29.34 crores via IPO that comprises fresh issue of ₹29.34 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Onyx Biotec Services IPO price band is ₹58 to ₹61 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Onyx Biotec Services IPO to list on NSE on November 21, 2024. The allotment of Onyx Biotec Services IPO date is November 19, 2024.

The company reported revenue of ₹53.87 crores in 2024 against ₹39.62 crore in 2023. The company reported Profit of ₹3.03 crores in 2024 against Profit of ₹1.84 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Onyx Biotec IPO

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
Offer for Sale:Approx [.] Equity Shares
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%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Onyx Biotec Services IPO Market Lot

The Onyx Biotec Services IPO minimum market lot is 2000 shares with ₹122,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12,000₹122,000
Retail Maximum12,000₹122,000
HNI Minimum24,000₹244,000

Onyx Biotec Services IPO Dates

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

Promoters of Onyx Biotec Services IPO

The promoters of the company are Sanjay Jain, Naresh Kumar and Fateh Pal Singh.

About Onyx Biotec Services IPO

On May 13, 2015, Onyx Biotech Limited began its operations in the pharmaceutical market, initially focusing on the supply of sterile water for injection. Over the years, Onyx has become a leading supplier of sterile pharmaceutical products, offering a variety of Dry Powder Injections and Dry Syrups for both domestic and international markets. The company is ranked among the top pharmaceutical companies in India, renowned for providing high-quality products at affordable prices without compromising on quality. Onyx Biotech has two manufacturing facilities, referred to as Unit I and Unit II. Unit I has the capacity to produce 638,889 units of Sterile Water for Injections daily in a single shift. In comparison, Unit II can manufacture 40,000 units of Dry Powder Injection and 26,667 units of Dry Syrup each day. At Onyx Biotech Limited, a dedicated team collaborates to create high-quality medicinal products that are accessible and affordable, ensuring that everyone can receive the treatment they need.

Onyx Biotec Services IPO Company Financial Report

The company reported revenue of ₹53.87 crores in 2024 against ₹39.62 crore in 2023. The company reported Profit of ₹3.03 crores in 2024 against Profit of ₹1.84 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹44.98₹41.19₹3.35₹36.84
2023₹39.62₹37.07₹1.84₹58.72
2024₹53.87₹49.82₹3.03₹74.14
May 2024₹10.54₹8.79₹1.31₹74.77

Onyx Biotec Services IPO Valuation – FY2024

Check Onyx Biotec Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:10.58%
ROCE:12.19%
EBITDA Margin:15.41%
PAT Margin:5.64%
Debt to equity ratio:1.24
Earning Per Share (EPS):₹2.54 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):12.19%
Net Asset Value (NAV):₹18.67

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Suven Pharma11.8083.9214.6480.561,051.35 Cr.
JB Chemicals35.6653.6318.90188.373,484.18 Cr.

Objects of the Issue

  • Upgradation of existing manufacturing Unit I to manufacture large volume parentals for intravenous use;
  • Setting up a high-speed cartooning packaging line at existing manufacturing Unit II for Dry Powder Injections;
  • Prepayment or repayment of all or a portion of certain loans availed by the Company; and
  • General Corporate Purposes.

Onyx Biotec Services IPO Review

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Onyx Biotec Services IPO Registrar

Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp

IPO Lead Managers aka Merchant Bankers

  • Horizon Management Private Limited

Company Address

Onyx Biotec Limited
Bir Plassi Near Sainimajraropar,
Nalagarh Road
District Solan – 174101,
Phone: +91 172 265 6384
Email: [email protected]
Website: http://www.onyxbiotec.com/

Onyx Biotec Services IPO FAQs

What is Onyx Biotec Services IPO?

Onyx Biotec Services IPO is a SME IPO. The company is going to raise ₹29.34 Crores via IPO. The issue is priced at ₹58 to ₹61 per equity share. The IPO is to be listed on NSE.

When Onyx Biotec Services IPO will open for subscription?

The IPO is to open on November 13, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 18, 2024.

What is Onyx Biotec Services IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Onyx Biotec Services IPO?

You can apply for Onyx Biotec Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Onyx Biotec Services IPO Issue Size?

Onyx Biotec Services IPO issue size is ₹29.34 crores.

What is Onyx Biotec Services IPO Price Band?

Onyx Biotec Services IPO Price Band is ₹58 to ₹61.

What is Onyx Biotec Services IPO Lot Size?

The minimum bid is 2000 Shares with ₹122,000 amount.

What is the Onyx Biotec Services IPO Allotment Date?

Onyx Biotec Services IPO allotment date is November 19, 2024.

What is the Onyx Biotec Services IPO Listing Date?

Onyx Biotec Services IPO listing date is November 21, 2024. The IPO is to list on NSE.

Note: The Onyx Biotec Services IPO price band and date are officially announced. The (Onyx Biotec Services IPO grey market premium) will be added to the IPO GMP page as it will start).
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