Onyx Biotec Ltd

Onyx Biotec Ltd IPO

IPO Price Range: ₹58 - 61

Onyx started its operation in pharmaceutical industry with sterile water for injections in the year 2010. Since then, Onyx has been associated with the healthcare segment and offering Sterile Pharmaceutical products and has become a prominent supplier of sterile products to major corporations, which includes the top pharma companies at pan India level. Onyx is committed to provide high-quality products at affordable price. Presently, our 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. Our products are being processed and manufactured in accordance with best FDA practices available globally. Our system and product is tested constantly at each level to ensure international standards of quality in-house and FDA Certified Laboratories. Our core business is focused on providing end-to-end product development and manufacturing solutions to our clients. Our service also include preparation and filing of regulatory dossiers in the Indian and global markets.

Min Investment

₹1,22,000

IPO Size

₹29 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Onyx Biotec Ltd

Open Date13 Nov 2024
Close Date18 Nov 2024
Allotment Date19 Nov 2024
Listing Date21 Nov 2024

Key Statistics

Bid Opening DateBid Opening Date13 Nov 2024
Bid Closing DateBid Closing Date18 Nov 2024
Allotment DateAllotment Date19 Nov 2024
Issue SizeIssue Size₹29.34Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • One of the prominent contract manufacturers in sterile manufacturing.

  • Quality Assurance and Quality Control of our products.

  • Strong, cordial & long-term relationship with our Marque Clientele.

  • Cost effective production and timely fulfilment of orders.

  • Well experienced management team with proven project management and implementation skills.


Risk

Risk

  • 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.

  • Any slowdown or shutdown in its manufacturing operations could have an adverse effect on its business, results of operations, financial condition and cash flows.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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 Companys business and results of operations.

  • 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 companys customers declines, it could have a material adverse effect on its business, financial condition and results of operations.

  • Its may faces several risks associated with the proposed expansion of the companys manufacturing facilities, which could hamper its growth, prospects, cash flows and business and financial condition.

  • Its cannot assure you that the proposed expansion of the companys 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.

Promoters Holding

Investors Holdings %
Sanjay Jain29.23%
Naresh Kumar32.63%
Fateh Pal Singh26.73%

About Onyx Biotec Ltd

OrganisationOnyx Biotec Ltd
HeadquartersSolan
IndustryPharmaceuticals

Frequently Asked Questions

  • What is the size of the Onyx Biotec Ltd IPO?

    The size of the Onyx Biotec Ltd IPO is ₹29.34Cr .

  • What is 'pre-apply' for Onyx Biotec Ltd IPO?

    'Pre-apply' for Onyx Biotec Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Onyx Biotec Ltd IPO order be placed?

    Your Onyx Biotec Ltd IPO order will be placed on 13 Nov 2024.

  • What are the open and close dates of the Onyx Biotec Ltd IPO?

    The open and close dates of the Onyx Biotec Ltd IPO are 13 Nov 2024 to 18 Nov 2024.

  • What is the lot size and minimum order quantity of the Onyx Biotec Ltd IPO?

    The lot size and minimum order quantity of the Onyx Biotec Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Onyx Biotec Ltd IPO?

    The potential listing gains on the Onyx Biotec Ltd IPO will depend on various market factors and cannot be predicted with certainty.