Indegene IPO Subscription Open Until May 9: Is it Worth Investing?

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Indegene IPO Limited's IPO is currently open for subscription until May 8. Here's a brief overview for potential investors:

Indegene IPO  Limited's IPO is currently open for subscription until May 8. Here's a brief overview for potential investors: The company is offering shares at a price range of Rs 430-452 per share. The minimum application is for 33 equity shares, with subsequent multiples. The IPO's total size is Rs 1,841.76 crore, including a fresh share sale of Rs 760 crore and an offer-for-sale (OFS) of up to 2,39,32,732 equity shares by promoters and existing shareholders.

 

Furthermore, Indegene has allotted shares worth Rs 12.5 crore to eligible employees at a discounted rate of Rs 30 per share. Considering these particulars, investors should evaluate whether this IPO aligns with their investment objectives and risk tolerance.

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