Allotment

Anlon Healthcare Limited is launching a book-built IPO of ₹121.03 crore, consisting entirely of a fresh issue of 1.33 crore shares at a price of ₹91 per share. The IPO bidding was open from August 26, 2025, to August 29, 2025, with allotment finalized on September 1, 2025. The shares are scheduled to list on BSE and NSE on September 3, 2025.
The IPO has a lot size of 164 shares, requiring a minimum investment of ₹14,924 for retail investors (at the upper price). Small non-institutional investors (sNII) can apply for 14 lots (2,296 shares, ₹2,08,936), while big non-institutional investors (bNII) can subscribe for 68 lots (11,152 shares, ₹10,14,832).
Interactive Financial Services Ltd. is the book-running lead manager, and Kfin Technologies Ltd. is the registrar of the issue. The IPO provides investors an opportunity to participate in Anlon Healthcare’s growth in the pharma intermediates and API manufacturing sector. For detailed information, refer to the Anlon Healthcare IPO RHP.
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| IPO Date | 3 Sep |
| IPO Listing Date | 3 Sep |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹91.00 |
| IPO Issue Size | 1,33,00,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE,NSE Platform |
| Share Holding Pre Issue | 3,98,51,500 shares |
| IPO Open Date | 26 Aug |
| IPO Close Date | 29 Aug |
| IPO Allotment (Tentative) | 1 Sep |
| Refunds | 2 Sep |
| Credit to Demat Account | 2 Sep |
| IPO Listing Date | 3 Sep |
| Category | Offer |
|---|---|
| QIB Shares Offered | 99,75,000 Shares |
| NII (HNI) Shares Offered | 19,95,000 Shares |
| Retail Shares Offered | 13,30,000 Shares |
Investors can bid for a minimum of 164 shares, with additional shares to be purchased in multiples of 164.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 164 | ₹14,924 |
| Retail (Max) | 13 | 2,132 | ₹1,94,012 |
| S-HNI (Min) | 14 | 2,296 | ₹2,08,936 |
| S-HNI (Max) | 67 | 10,988 | ₹9,99,908 |
| B-HNI (Min) | 68 | 11,152 | ₹10,14,832 |
Incorporated in 2013, Anlon Healthcare Limited is a chemical manufacturing company specializing in pharmaceutical intermediates and active pharmaceutical ingredients (APIs). The company produces high-purity intermediates for API production and APIs used in formulations for medicines, nutraceuticals, personal care, and veterinary products, adhering to Indian and international pharmacopeia standards such as IP, BP, EP, JP, and USP.
Beyond standard manufacturing, Anlon Healthcare offers custom manufacturing of complex chemicals, achieving purity levels above industry standards and minimizing impurities to meet specific customer requirements. The company has received Drug Master File (DMF) approvals from ANVISA, NMPA, and PMDA for loxoprofen sodium dihydrate and loxoprofen acid APIs. It has filed 21 DMFs globally and is pursuing approvals for Ketoprofen and Dexketoprofen Trometamol.
Quality is ensured through rigorous testing, analysis, and continuous process improvements. Supported by four laboratories, a 34-member team (including 24 science graduates) ensures that products meet stringent customer and regulatory standards. The company’s portfolio comprises 65 commercialized products, 28 at pilot stage, and 49 at laboratory scale testing stage.
Products:
Pharma Intermediates: Cyanoethylbenzoic acid, Ketonitrile, Methyldesloratadine, serving as key starting materials or advanced intermediates for APIs.
Active Pharmaceutical Ingredients (APIs): Core components in pharmaceuticals, used in tablets, capsules, ointments, syrups, as well as in nutraceuticals, personal care, and veterinary products.
Competitive Strengths:
Strong and scalable product portfolio
Experienced promoters and management team
High entry and exit barriers due to long customer approval cycles and strict quality standards
In-house testing, quality control, and quality assurance
Commitment to quality, environment, health, and safety
| Assets | 181.3 | 128 | 111.55 |
| Total Income | 120.46 | 66.69 | 113.12 |
| Profit After Tax | 20.52 | 9.66 | 5.82 |
| EBITDA | 32.38 | 15.57 | 12.66 |
| NET Worth | 80.42 | 21.03 | 7.37 |
| Reserves and Surplus | 40.57 | 5.03 | -4.63 |
| Total Borrowing | 58.35 | 74.56 | 66.39 |
| ROE | 40.45% |
| ROCE | 21.93% |
| Debt/Equity | 0.73 |
| RoNW | 25.51% |
| PAT Margin | 17.06% |
| EBITDA Margin | 26.88% |
| Price to Book Value | 4.51 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 43.15 |
| 3 | To meet out the General Corporate Purposes; | 270.3 |
| 4 | Offer for Sale (OFS) | - |
Anlon Healthcare Ltd. Address
101/102, Silvercoin Complex,
Opp.Crystal Mall,
Kalawad Road,
Rajkot, Gujarat, 360005
+91 281 2562538
cs@anloncro.com
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
ahl.ipo@kfintech.com