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August 4, 2023 - August 8, 2023

Concord Biotech IPO FAQ

Concord Biotech IPO Date & Price

The Concord Biotech IPO opens on August 4, 2023 and closes on August 8, 2023.

Concord Biotech IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 4, 2023
  • Bid/Offer Closes On: August 8, 2023
  • Finalization of Basis of Allotment: August 11, 2023
  • Initiation of refunds: August 14, 2023
  • Credit of Equity Shares: August 17, 2023
  • Listing Date: August 18, 2023

Concord Biotech IPO price is set at ₹741 per equity share.

Concord Biotech IPO will close for subscription at 5 PM on August 8, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Concord Biotech IPO starts on August 4, 2023. The issue ends on August 8, 2023.

Concord Biotech IPO Issue Size and Subscription Status

The Concord Biotech IPO size is 20925652 Equity Shares of ₹1 aggregating up to ₹1,551.00 Cr.

Concord Biotech Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Concord Biotech IPO shares through the banks (using ASBA) or through the broker (using UPI).

Concord Biotech IPO Offer Size

Qualified Institutional Buyers (QIB)4,183,130 Shares
Non-Institutional Investors (NII)3,137,348 Shares
Retail Individual Investor (RII)7,320,479 Shares
Employee Reservations10,000 Shares
Other Reservations0 Shares
Total Issue Size14,650,957 Shares

Concord Biotech IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)67.67 times times
Non-Institutional Investors (NII)16.99 times times
Retail Individual Investor (RII)3.78 times times
Employee Reservations24.48 times times
Other Reservations times
Total Issue Size24.87 times times

Click here to check the Concord Biotech IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Concord Biotech IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Concord Biotech IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Concord Biotech IPO Allotment and Listing

The Concord Biotech IPO allot status will be available online on August 11, 2023. Check the Concord Biotech IPO Allotment Status here.

Click here to check Concord Biotech IPO Allotment Status.

Concord Biotech IPO listing Date is August 18, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Concord Biotech IPO listing date and time is published by the exchange in a circular.

Click here to view the Concord Biotech IPO Basis of Allotment.

It is hard to say at what price Concord Biotech IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Concord Biotech IPO shares will list on August 18, 2023 at BSE, NSE.

Concord Biotech IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Concord Biotech IPO which could help you with questions like Concord Biotech IPO buy or not? You should also read Concord Biotech IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Concord Biotech IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Concord Biotech IPO performance. The performance reports are available 1 day after listing.