IPO Alert: Windlas Biotech Limited

Windlas Biotech was incorporated in 2001 and is amongst the top five players in the domestic pharmaceutical formulations contract development and manufacturing organization (“CDMO”) industry in India in terms of revenue. Windlas has a network of over 703 stockists and distributors spread across 15 states in India.

Bid/Offer Opens OnWednesday, 04-Aug-21
Bid/Offer Closes OnFriday, 06-Aug-21
Price BandRs. 448- Rs. 460 per equity share
Lot Size30 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment11-Aug-21
Initiation of Refunds12-Aug-21
Credit of Shares to Demat Acct13-Aug-21
IPO Shares Listing Date17-Aug-21
UPI mandate expiry date23-Aug-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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