In the realm of investment opportunities, the Indigene IPO stands out as a beacon of hope and progress, not just for investors but also for indigenous communities worldwide. This groundbreaking Initial Public Offering (IPO) promises to revolutionize the way we view and engage with indigenous knowledge, cultures, and economies.
Indegene IPO Details
| IPO Date | May 6, 2024 to May 8, 2024 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | ₹430 to ₹452 per share |
| Lot Size | 33 Shares |
| Total Issue Size | 40,746,891 shares (aggregating up to ₹1,841.76 Cr) |
| Fresh Issue | 16,814,159 shares (aggregating up to ₹760.00 Cr) |
| Offer for Sale | 23,932,732 shares of ₹2 (aggregating up to ₹1,081.76 Cr) |
| Employee Discount | Rs 30 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 222,435,091 |
| Share holding post issue | 239,249,250 |
Indegene Limited Financial Information (Restated Consolidated)
Indegene Limited's revenue increased by 39.85% and profit after tax (PAT) rose by 63.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 2,518.15 | 2,203.87 | 1,353.47 | 596.04 |
| Revenue | 1,969.75 | 2,364.10 | 1,690.50 | 996.92 |
| Profit After Tax | 241.90 | 266.10 | 162.82 | 149.41 |
| Net Worth | 1,327.00 | 1,063.72 | 763.90 | 324.51 |
| Reserves and Surplus | 1,282.65 | 1,019.43 | 763.55 | 324.19 |
| Total Borrowing | 399.33 | 394.34 | 18.24 | 24.76 |
| Amount in ₹ Crore |
### Understanding Indigene:
Indigene is not just a company; it's a movement. Founded on the principles of equity, sustainability, and respect for indigenous peoples, Indigene seeks to bridge the gap between traditional knowledge and modern innovation. Through extensive research, collaboration, and community engagement, Indigene has developed a range of products and services that honor indigenous wisdom while embracing cutting-edge technology.
### The Significance of the IPO:
The decision to go public marks a pivotal moment in Indigene's journey. By opening its doors to public investment, Indigene aims to expand its reach, accelerate its growth, and amplify its impact. But beyond the financial implications, the Indigene IPO symbolizes a broader shift towards recognizing the value of indigenous knowledge and culture in a rapidly changing world.
### Empowering Indigenous Communities:
At the heart of the Indigene IPO lies a commitment to empowering indigenous communities. A significant portion of the funds raised through the IPO will be reinvested into initiatives that support education, healthcare, infrastructure, and economic development in indigenous territories. This holistic approach ensures that indigenous peoples not only benefit from Indigene's success but also have a voice in shaping their own future.
### Innovations Driving Growth:
Indigene's product portfolio encompasses a diverse range of innovations, each rooted in indigenous wisdom and adapted for modern markets. From sustainable agriculture techniques to natural resource management solutions, Indigene is at the forefront of leveraging traditional knowledge to address contemporary challenges. Furthermore, the company's commitment to ethical sourcing, fair trade practices, and environmental stewardship sets a new standard for corporate responsibility.
### Opportunities for Investors:
For investors, the Indigene IPO presents a unique opportunity to align financial returns with social and environmental impact. By investing in Indigene, shareholders become part of a movement that is driving positive change while also potentially reaping significant rewards. With a strong track record of innovation, a dedicated team, and a clear vision for the future, Indigene is poised for long-term success.
### Conclusion:
In a world plagued by inequality, environmental degradation, and cultural erosion, the Indigene IPO offers a glimmer of hope. By harnessing the power of indigenous knowledge, Indigene is not only transforming industries but also revitalizing communities and fostering a more inclusive and sustainable future. As investors, advocates, and global citizens, we have a responsibility to support initiatives like Indigene that prioritize people and planet over profit. Together, we can build a world where diversity is celebrated, ecosystems thrive, and all voices are heard.
Indegene IPO