Onyx Biotec SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Explore Onyx Biotec IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

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Status
Listed
Biding Dates
13 Nov - 18 Nov 2024
Price Range
₹58 - ₹61
Min Investment
1,22,000
Lot Size
2000 shares
Issue Size
₹29.34 crore
Listed Price
₹54.05-11.39%

Overview

Founded in 2005, Onyx Biotec Limited is a prominent player in the pharmaceutical sector, specializing in the production of sterile pharmaceutical products such as Sterile Water for Injections, Dry Powder Injections, and Dry Syrup. Onyx serves major pharmaceutical companies across India and internationally. The company operates two WHO-GMP certified manufacturing facilities in Himachal Pradesh, focused on stringent quality control, sustainable practices, and modern production processes. Onyx also provides contract manufacturing services and regulatory dossier preparation, leveraging advanced equipment to meet global standards. The company is undertaking strategic upgrades, including expanding capacity for intravenous products and implementing high-speed packaging lines to enhance efficiency and product safety.

Key Points:

  • Product Portfolio: Specializes in Sterile Water for Injections, Dry Powder Injections, and Dry Syrup, catering to domestic and international markets.
  • Manufacturing Facilities: Operates two WHO-GMP-certified plants in Himachal Pradesh with significant production capacities and a focus on quality control and sustainable practices.
  • Planned Expansion: Investing ₹607.70 lakh to expand Unit I for large-volume intravenous products and ₹124.05 lakh to set up a high-speed packaging line for cost-efficient, error-free production.
  • Clientele: Trusted by leading pharmaceutical clients such as Hetero Healthcare, Sun Pharma, and Mankind Pharma, with strong client retention.

IPO Docs

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
  • General Corporate Purposes.

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates13 Nov - 18 Nov 2024
IPO Price Band₹58 - ₹61 per share
Fresh Issue48,10,000 shares
Offer For SaleNIL
Total IPO Size₹29.34 crore
Face Value₹10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date13 Nov 2024
IPO Closing Date18 Nov 2024
Basis Of Allotment19 Nov 2024
Refunds20 Nov 2024
Demat Transfer20 Nov 2024
IPO Listing Date21 Nov 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202231st March 202331st March 2024May 2024
Total Income44.9839.6253.8710.54
Total Expenses41.1937.0749.828.79
Net Profit/Loss3.351.843.031.31
NPM (*)7.474.675.6412.42
Total Assets36.8458.7274.1474.77
Total Liabilities20.4640.5249.2648.58

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202231st March 202331st March 2024May 2024
EPS2.841.562.540.98
ROE (%)14.356.2910.583.71
ROCE (%)20.4710.1312.194.99
D/E Ratio0.751.611.241.21
Current Ratio1.440.721.311.38
EBITDA MARGIN (%)12.5711.3115.4126.01

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Onyx Biotec Limited53.7526.752.2812.1918.67
Suven Pharma1,051.3583.9211.8014.64375.82
JB Chemicals3,484.1853.6335.6618.90188.37

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

IPO Reservation

Investor TypeShares Offered
Qualified Institutional Buyer (QIB)Not more than 49.89%
Non-Institutional Investor (NII/HNI)Not less than 15.07%
Retail Individual Investor (RII)Not less than 35.04%

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)32.49
Non-Institutional Investor (NII/HNI)602.86
Retail Individual Investor (RII)118.26
Total198

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

MAS Services Limited
Phone: +91 112 638 7281/83, 114 132 0335
Email: ipo@masserv.com
Website: www.masserv.com

Company Promoters

  • SANJAY JAIN
  • NARESH KUMAR
  • FATEH PAL SINGH
  • HARSH MAHAJAN
  • LAKSHYA JAIN
  • PARMJEET KAUR

Lead Managers

  • Horizon Management Private Limited

Company Address

Onyx Biotec Limited

Bir Plassi Near Sainimajraropar, Nalagarh Road, District Solan – 174 101, Himachal Pradesh, India.

Phone: +91 172 265 6384

Email: generalinfo@onyxbiotec.com

Website: www.onyxbiotec.com

FAQs

  • What is the issue size of the Onyx Biotec SME IPO?
    The Onyx Biotec SME IPO has an issue size of ₹29.34 crore. This includes a fresh issue of 48,10,000 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Onyx Biotec IPO?
    The price band for the Onyx Biotec IPO is ₹58 - ₹61 per share.
  • What are the bidding dates for the Onyx Biotec IPO?
    The Onyx Biotec IPO will open for bidding on 13 Nov 2024 and close on 18 Nov 2024.
  • What is the allotment date for the Onyx Biotec IPO?
    The allotment date for the Onyx Biotec IPO is 19 Nov 2024.
  • What is the minimum lot size and investment required for the Onyx Biotec IPO?
    The minimum lot size for the Onyx Biotec IPO is 2000 shares and the minimum investment required is ₹1,22,000.
  • What is the listing date for the Onyx Biotec IPO?
    The listing date for the Onyx Biotec IPO is 21 Nov 2024.
  • What is the Onyx Biotec IPO grey market premium?
    The grey market premium (GMP) for the Onyx Biotec IPO is currently at ₹5, with an expected listing gain of approximately 8.2%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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