Windlas Biotech Limited IPO – Issue opens on 4 August Wednesday; retail investors can subscribe up to Rs 2 lakhs – Know all details here from price band, lot size, minimum order and MORE

Windlas Biotech Limited IPO – The Initial Public Offering (IPO) of Windlas Biotech Limited will open on 4 August (Wednesday) and end on 6 August (Friday). The price band of the three-day IPO is at Rs 448-Rs 460. The company was founded in 2001 and provides pharmaceutical development services, large-scale manufacturing services to its customers in India and overseas.

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Windlas Biotech Limited IPO - See Key Details Here:

• Symbol WINDLAS
• Issue Period – 4 August 2021 to 6 August 2021
• Post issue Modification Period - 9 August 2021 between 10 am and 11 am
• Cut-off time for UPI Mandate Confirmation – 9 August 2021 up to 12 pm
• Issue Size - Initial Public Offer comprising a Fresh Issue of up to Rs 165 cr and an Offer for Sale (OFS) of up to 5.14 million equity shares
• Issue Type – 100 per cent Book Building
• Price Range - Rs 448 to Rs 460
• Face Value - Rs 5
• Tick Size - Re 1
• Bid Lot  30 Equity Shares and in multiples thereof
• Minimum Order Quantity - 30 Equity Shares
• Maximum Subscription Amount for Retail Investor - Rs 200,000
• IPO Market Timings – 10 am to 5 pm

The Book Running Lead Managers (BRLM) are SBI Capital Markets Limited, DAM Capital Advisors Limited, IIFL Securities Limited. The sponsor bank is HDFC Bank Limited. The issue is open for these categories of investors - FI, IC, MF, FII, OTH, CO, IND and NOH.

The name of the registrar is Link Intime India Private Limited.

As per a SEBI circular all syndicate members / registered stockbrokers / DPs / RTAs shall use Unified Payments Interface (UPI) as a mandatory payment mechanism for bid amounting to Rs 2 Lakhs and below for applications in public issues by retail individual investors and Share Holders. All Other Category of investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.