About Anlon Healthcare Limited – Mainboard IPO
Anlon Healthcare Limited is a pharma company based in Rajkot, Gujarat, India, specializing in advanced pharmaceutical intermediates and APIs (Active Pharmaceutical Ingredients). Founded in 2013, it began commercial production in 2017 and now serves the pharmaceutical, nutraceutical, personal care, and animal health sectors across India and over 15 export countries. The company is known for pioneering the manufacture of Loxoprofen and related pharma products. It operates a GMP, WHO-GMP, and ISO 9001-certified facility, with robust R&D and compliance credentials.
READ DRHP HERE: SEBI|DRHP|ANLON HEALTH CARE|
IPO Details
| Key Points | Information |
|---|---|
| IPO Price Band | ₹86 – ₹91 per share |
| Minimum Lot Size | 164 shares (about ₹14,924) |
| Issue Size | ₹121.03 crore (Fresh) |
| Face Value | ₹10 per share |
| Stock Exchanges | BSE and NSE Mainboard |
| Registrar | Kfin Technologies Ltd CLICK HERE |
| Book-running Mgrs | Interactive Financial Services |
| Offer Structure | QIB - up to 75%, Retail - up to 10%, NII - up to 15% |
IPO Timeline (Important Dates)
| Event | Date |
|---|---|
| IPO Opens | 26th August 2025 |
| IPO Closes | 29th August 2025 |
| Allotment Date | 1st September 2025 |
| Refunds/Unsuccessful Bids | 2nd September 2025 |
| Shares in Demat Account | 2nd September 2025 |
| Listing Date | 3rd September 2025 |
What Is the Money Used For?
- Funding expansion and new plant capacity
- Repayment or pre-payment of loans
- Working capital and general corporate purposes
- Strengthening balance sheet and supporting future growth
Key Financials
| Financial Metric | FY23 (₹ Cr) | FY24 (₹ Cr) | FY25 (₹ Cr) |
|---|---|---|---|
| Revenue | 113.12 | 66.69 | 120.46 |
| Profit After Tax (PAT) | 5.82 | 9.66 | 20.52 |
| EBITDA | 12.66 | 15.55 (or 15.57) | 32.34 |
| EBITDA Margin | 18.5% | 23.3% | 26.88% |
| Return on Equity (ROE) | 25.51% | 25.51% | 25.51% |
| ROCE | 21.93% | — | — |
| Earnings Per Share (EPS) | ₹6.38 (FY25 Basic) | ||
| Debt to Equity | 0.73 | ||
| PAT Margin | 17.06% (FY25) |
Analysis
- The company displays robust revenue and profit growth, especially in FY25 where PAT rose 112% from FY24 to FY25,almost doubled, showing efficient operations.
- Margins and capital efficiency ratios like ROE/ROCE are healthy for its industry
- EBITDA margin improving, debt reduced sharply.
- PE Ratio around 17.7, EPS at ₹6.38 (FY25), Price-to-Book 4.51
Why Some Investors Like This Mainboard IPO
- Leading player in APIs and pharma intermediates in Western India.
- A plant close to raw material sources—enables cost control and operational efficiency.
- Consistent growth in profits and sales, with an expanding export footprint.
- Valuation metrics seem fair compared to peers, enhancing its attractiveness for listing gains and medium-term holding.
Points That Need Caution
- Retail quota is low—only 10% of the issue, so allotment chances may be limited.
- Profit numbers depend on pharma market cycles and global/domestic regulations.
- Significant working capital required and single facility exposes geographical risk.
- Customer concentration risk—major revenue from select customers.
Peer Comparison Table
| Company | Revenue (Cr) | EPS | PE Ratio | RONW (%) |
|---|---|---|---|---|
| Anlon Healthcare | 120 | 6.38 | 13.5–14.3 | 25.5 |
| Kronox Lab Sciences | 100 | 6.9 | 26 | 28.3 |
| Acutaas Chemicals | 1,007 | 19.8 | 58 | 12.1 |
IPO FAQS
What is an IPO?
- An IPO (Initial Public Offering) is when a private company sells its shares to the public for the first time to raise money.
- Example: If a well-known pizza company wants to grow, it can list its shares on the stock exchange so anyone can buy a piece of the company.
How can you apply for an IPO (using Zerodha or Upstox)?
- Make sure you have a Demat account and your bank account is linked.
- Steps:
- Log in to your broker’s app (e.g., Zerodha Kite, Upstox).
- Go to the IPO section.
- Select the company’s IPO you want to apply for.
- Enter how many shares (or ‘lots’) you want and the price you wish to bid.
- Enter your UPI ID, submit your application, and approve the UPI payment request.
How are IPO shares allotted?
- If more people want shares than are available, the company uses a lottery system to decide who gets them.
- If you don’t get shares, your money is simply returned.
What is GMP (Grey Market Premium)?
- GMP shows the extra price people are willing to pay for IPO shares before they officially start trading.
- Example: If IPO price is ₹100 and GMP is ₹20, people are unofficially ready to pay ₹120. It hints at the IPO’s popularity but isn’t a guarantee.
Where to check upcoming IPOs (IPO calendar)?
- Visit popular finance sites like Chittorgarh, IPOWatch, or official exchange websites (NSE, BSE) and look for the “Upcoming IPO” section.
What are IPO listing gains?
- If the share’s price rises on the first trading day, you can make instant profit.
- Example: You buy at ₹150, and it opens at ₹200, you gain ₹50 per share.
How can you make profit from an IPO?
- Quick gains on listing day (if the stock price goes up).
- Long-term: If the company grows, the share price could increase further.
Which IPO is best to buy?
- There is no single best IPO. Check the company’s background, current demand, and GMP, but always research before investing.
- High GMP or popularity doesn’t guarantee profits.
Are IPOs safe?
- IPOs can be profitable but also risky; prices can go up or down sharply.
- Only invest if you are ready for potential losses.
How to check IPO allotment status?
- After the IPO process, check on exchanges (BSE/NSE websites) or the IPO registrar’s site (like K-Fintech, Bigshare,or mufg-intime) by entering your PAN or application number to see if you got shares.
Important Tips for Retail Investors Applying for an IPO
- Use Only Your Own PAN Card:
Avoid using the same PAN card for multiple IPO applications. For example, if you have already applied using your PAN for one IPO, don’t try to apply again with the same PAN under different accounts or through others. - Apply in the Right Category:
Ensure you select the correct investor category (such as Retail Individual Investor) when filling out your application. Applying under a wrong category can lead to rejection or disqualification. - Maintain Sufficient Bank Balance:
Before applying, ensure your bank account linked to the application has enough funds to cover the full bid amount. For instance, if the IPO application requires a payment of ₹15000, make sure your account holds at least that amount. - Use Your Own Bank Account:
Always apply through your own bank account. Using someone else’s account can cause your application to be rejected during the verification process. - Avoid Last-Minute Applications:
Don’t wait until the deadline day or moments before to apply. Last-minute submissions may face technical glitches or processing delays, reducing the chances of success.