Onyx Biotec IPO

Onyx Biotec is an NSE SME IPO listed on the NSE SME platform, priced at ₹58–₹61 per share. The stock debuted at ₹54.05. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,22,000.

Onyx Biotec Limited IPO

NSE SME Listed
₹1,22,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 13, 2024 – Nov 18, 2024
Price band
₹58-61 per equity share
Minimum Investment
₹1,22,000
Issue size
₹29.34 Cr
Lot size
2000
Allotment Date
Nov 19, 2024
Listing
Nov 22, 2024
Listing At
NSE SME

IPO timeline

  1. Nov 13, 2024

    Open Date

    Completed

  2. Nov 18, 2024

    Close Date

    Completed

  3. Nov 19, 2024

    Allotment Date

    Completed

  4. Nov 22, 2024

    Listing Date

    Completed

Onyx Biotec IPO Essentials

Onyx Biotec IPO Details

Onyx Biotec IPO is priced at ₹58-61 per share with a total issue size of 29.34 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹58-61 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
4,810,000 shares(aggregating up to ₹29.34 Cr)
Total issue size
48,10,000 shares
(aggregating up to ₹29.34 crore)
Fresh issue
48,10,000 shares
(aggregating up to ₹29.34 crore)
Listing at
NSE SME
List price
54.05
Listing date
Registrar
Mas Services Limited
Lead manager
Horizon Management Private Limited

Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 2000 ₹1,22,000
Retail(max) 1 2000 ₹1,22,000
NII (min) 2 4000 ₹2,44,000

Onyx Biotec IPO Documents

Onyx Biotec IPO Reservation

Onyx Biotec IPO reservation details show category-wise allocation of shares. Out of the total 48,10,000 shares, approximately 18.96% are reserved for QIB, 14.3% for NII, 33.26% for retail investors, 5.07% for market maker, and 28.4% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 13,66,000 (28.4%)
Market Maker Shares Offered 2,44,000 (5.07%)
QIB Shares Offered 9,12,000 (18.96%)
NII (HNI) Shares Offered 6,88,000 (14.3%)
Retail Shares Offered 16,00,000 (33.26%)
Total Shares Offered 48,10,000 (100%)

Onyx Biotec IPO Analytics

Onyx Biotec IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Onyx Biotec IPO Subscription Status

Onyx Biotec IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 912,000 / 688,000 1,600,000 3,200,000
Day 1 13-11-24 06:00 PM
(0.00 / 1.70) x 5.57 x 3.15 x
Day 2 14-11-24 06:00 PM
(0.00 / 8.15) x 16.40 x 9.95 x
Day 3 18-11-24 06:00 PM
(32.49 / 603.44) x 119.36 x 198.68 x

Onyx Biotec Valuations

Earnings

EPS Pre IPO
₹2.28/-
EPS Post IPO
₹4.33/-
P/E Pre IPO
26.81
P/E Post IPO
14.1

Returns

ROE
4.99%
ROCE
3.71%
RoNW
4.99%
PAT Margin
12.42

Fundamentals

Debt / Equity
1.21
Price / Book
3.10

Data sourced from DRHP / RHP • For educational purposes only

Onyx Biotec Financials( In Lakhs)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 7,413.58 5,872.36 3,683.84
Revenue 5,387.43 3,961.65 4,498.09
Profit After Tax 303.16 184.46 335.29
Net Worth 2,487.87 1,820.16 1,637.59
Reserves & Surplus 1,155.65 1,230.00 1,047.43
Total Borrowing 3,078.04 2,922.83 1,224.39

Onyx Biotec Company & Offer Insights

About Onyx Biotec

Incorporated in the month of May 2005, Onyx Biotec Limited is engaged in the field of pharmaceutical industry with sterile water for injections. The company, currently manufacturing Sterile Water for Injections is also a leading pharmaceutical contract manufacturer providing a holistic portfolio of Dry Powder Injections and Dry Syrups, both to domestic as well as international markets.

The company has two manufacturing units in Solan, Himachal Pradesh. Unit I has the daily production capacity of 638,889 units of Sterile Water for Injections and Unit II makes 40,000 units of dry powder injections and 26,667 units of dry syrup per day in a single shift.

Hetero Healthcare Limited, Mankind Pharma Limited, Sun Pharmaceutical Industries Limited, Aristo Pharmaceuticals Private Limited, Macleods Pharmaceuticals Limited, Mapra Laboratories Private Limited, Axa Parenterals Limited, FDC Limited, Zuventus Healthcare Limited, Akums Drugs and Pharmaceuticals Limited, Reliance Life Sciences Limited, among others are some of the clients for the company.

At the end of May 31, 2024, it had a clientele of over 100 Indian and multinational pharmaceutical companies.

ROHS Certification Private Limited has issued certificates for the management system, ISO 9001:2015 and ISO 14001:2015.

The company, as of July 31, 2024, employs 175 staff across the different departments.

Onyx Biotec Promoter(s)

Sanjay Jain, Naresh Kumar, Fateh Pal Singh are the company's promoters of Onyx Biotec.

Onyx Biotec IPO Issue Objectives

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
General Corporate Purposes.

Onyx Biotec IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Onyx Biotec Limited 2.28 2.28 18.67 26.81 12.19 3.27 Standalone
Suven Pharmaceuticals Limited 11.8 11.8 375.82 83.92 14.64 2.64 Consolidated
JB Chemicals 35.66 35.66 188.37 53.63 18.9 10.15 Consolidated

Notes:

  1. Return on Net Worth (%) = Profit for the year ended March 31, 2023 divided by Total Equity of the Company as on March 31, 2024.
  2. NAV is computed as the company's Total Equity as of March 31, 2023, divided by the outstanding number of equity shares as of March 31, 2024.

Contact Information

Contact Details

Onyx Biotec

+91 172 265 6384

generalinfo@onyxbiotec.com

http://www.onyxbiotec.com/

Bir Plassi Near Sainimajraropar, Nalagarh Road, District Solan – 174101

Registrar Contact Details

Mas Services Limited

(011) 2610 4142

ipo@masserv.com

https://www.masserv.com/opt.asp

Frequently Asked Questions

Click any question to reveal the answer

Onyx Biotec IPO is a book-built IPO worth ₹29.34 crore. The price band is ₹58–₹61 per share. The IPO opens on Nov 13, 2024 and closes on Nov 18, 2024. It will be listed on NSE SME Platform. Mas Services Limited is the registrar.

The price band of Onyx Biotec IPO is ₹58 to ₹61 per share.

The lot size of Onyx Biotec IPO is 2000 shares.

The minimum investment for Onyx Biotec IPO is approximately ₹1,22,000 based on the upper price band .

Onyx Biotec IPO opens on Nov 13, 2024 and closes on Nov 18, 2024.

The allotment date of Onyx Biotec IPO is Nov 19, 2024.

Onyx Biotec IPO is expected to be listed on Nov 22, 2024, on NSE SME Platform.

Onyx Biotec IPO valuation snapshot: P/E 14.1, EPS ₹4.33/-, P/B 3.10, RoNW 4.99%, and market cap N/A.

To apply for Onyx Biotec IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Onyx Biotec IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Onyx Biotec IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Onyx Biotec IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Onyx Biotec IPO allotment status on IPO Ji for quick and easy access.