58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Onyx Biotec Limited IPO (Onyx Biotec IPO) Detail

Onyx Biotec IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Solan and caters to Pharmaceutical sector. Horizon Management Private is the merchant banker of Onyx Biotec IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th August 2024.

Onyx Biotec IPO open date is 13th November 2024 and close date is 18th November 2024. IPO Allotment Date is 19th November 2024 and Listing date is 22nd November 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Onyx Biotec IPO Date

Date of DRHP:
5th August 2024
IPO Allotment Date:
19th November 2024
IPO Open Date:
13th November 2024
Initiation of Refund:
20th November 2024
IPO Closing Date:
18th November 2024
IPO Listing Date:
22nd November 2024

Onyx Biotec IPO Info, Size, Subscription

Onyx Biotec IPO size is Rs 29.34 Cr. crores with IPO price of Rs 61.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 29.34 Cr.

Issue Price:
₹ 61.00

Market Capitalisation :
₹ 110.61 Cr.

PE multiple :
14.10

Subscription :
198.00 times

Pre Issue Promoter Holding :
88.60 %

Post Issue Promoter Holding :
0.00%

Onyx Biotec IPO Information

Sub Sector : pharmaceutical company providing sterile water for injections
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, the 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. Their products are being processed and manufactured in accordance with best FDA practices available globally. Their system and product is tested constantly at each level to ensure international standards of quality in-house
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Object of Issue (Onyx Biotec IPO 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 and
  • General Corporate Purposes

Horizon Management Private Limited is the book-running lead manager of the Onyx Biotec IPO. Mas Services Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Onyx Biotec IPO.

Onyx Biotec IPO Market Maker

Giriraj Stock Broking Private Limited

Onyx Biotec IPO Registrar (RTA)

Mas Services Limited

Onyx Biotec IPO Lead Manager (BRLM)

Horizon Management Private Limited

Onyx Biotec IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.

Anchor Investors in Onyx Biotec IPO

No. of Anchor Investors: 3

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Invicta Continuum Fund 266,000.00 ₹61.00 ₹16,226,000.00
Acintyo Investment Fund 900,000.00 ₹61.00 ₹54,900,000.00
Kingsman Wealth Fund 200,000.00 ₹61.00 ₹12,200,000.00

Onyx Biotec IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Onyx Biotec IPO?

Onyx Biotec IPO, based in Solan, operates in the   Pharmaceutical sector with a focus on pharmaceutical company providing sterile water for injections. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Onyx Biotec IPO size is ₹ 29.34 Cr. Crores with fresh issue size of Rs 29.34 Cr. Crores and Offer for sale being Nil.

When is Onyx Biotec IPO allotment?

The IPO allotment date for Onyx Biotec IPO is expected to be 19th November 2024, after the finalization of basis of allotment. Investors can check Onyx Biotec IPO allotment status on the registrars website, Mas Services Limited. Onyx Biotec IPO refund dates are 20th November 2024.

When is Onyx Biotec IPO listing date?

Onyx Biotec IPO is expected to be listed on 22nd November 2024.

What is the price band for Onyx Biotec IPO?

The upper price band for the Onyx Biotec IPO is set at ₹ 61.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Onyx Biotec IPO Review?

For IPO analysis on Onyx Biotec IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Onyx Biotec IPO?

To apply for the Onyx Biotec IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th November 2024. After submission, funds are blocked until the basis of allotment of Onyx Biotec IPO is finalised.

Who is the merchant banker of Onyx Biotec IPO?

The merchant banker for Onyx Biotec IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Onyx Biotec IPO RHP for further details.

Who is the Registrar of Onyx Biotec IPO?

The registrar for Onyx Biotec IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Onyx Biotec IPO through their official website or helpline.

What is the Onyx Biotec IPO subscription?

Onyx Biotec IPO was subscribed 198.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 29.34 Cr. Avg IPO Size (Sector Based) : ₹ 23.81 Cr.
  • Sector: Pharmaceutical SME IPO so far: 34
  • Merchant Banker: Horizon Management SME IPO by BRLM so far: 47
  • City: Solan SME IPO so far: 2
  • Revenue (annualised): ₹ 63.24 cr.
            PAT: (annualised): ₹ 7.86 cr.
  • PE Ratio: 14.10x Average Sector PE Ratio: 20.29x
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FAQs

Onyx Biotec IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Onyx Biotec Financial Review Page

Onyx Biotec IPO subscription was 198.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Onyx Biotec IPO listed at a listing price of 56.75 against the offer price of 61.00.

The current market price of Onyx Biotec is 50.00.

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