
Anthem Biosciences IPO: Rs 3,395 crore IPO to open on July 14
About Anthem Biosciences IPO
The IPO is an Offer for Sale (OFS) and comprises stake sale aggregating up to Rs 350 crores each by Ganesh Sambasivam and K Ravindra Chandrappa who are promoter selling shareholders. Up to Rs 1,325 crores will be offloaded by Viridity Tone LLP and up to Rs 320 crores by Portsmouth Technologies LLC (Investor Selling Shareholders).
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Free P2,000 GCash eGift
UnionBank Credit Card
Apply Now
Undo
It also includes stake sales of Rs 320 crores each by Malay J Barua, Rupesh N Kinekar and Satish Sharma, up to Rs 80 crore by Prakash Kariabettan and up to Rs 10 crore by K Ramakrishnan.
About Anthem Biosciences
Anthem's business comprises Contract Research, Development and Manufacturing Organization (CRDMO) services and the manufacture and sale of specialty ingredients. It offers a comprehensive, integrated and highly customizable range of CRDMO services across the New Chemical Entity (NCE) and New Biological Entity (NBE) lifecycles.
The company claims to have a strong presence across various modalities, such as RNAi, ADC, peptides, lipids and oligonucleotides, and manufacturing techniques, such as flow chemistry, enzymatic processes, biocatalysis and fermentation, offering a broad range of technology capabilities for drug development.
It also manufactures and sells complex specialized fermentation-based Active Pharmaceutical Ingredients (APIs), including probiotics, enzymes, peptides, nutritional actives, vitamin analogues and biosimilars.
Live Events
Ajay Bhardwaj (Chairman, MD & CEO), Ganesh Sambasivam (Whole-time Director and Chief Scientific Officer), K Ravindra Chandrappa (Whole-time Director and Chief Operating Officer) and Ishaan Bhardwaj (Vice President) are the Promoters of the company.
The company, which was incorporated in 2006, has two operational manufacturing facilities in India, Unit I (Bommassandra) and Unit II (Harohalli), both in Karnataka, with an aggregate annual custom synthesis capacity of 270 kL and fermentation capacity of 142 kL, as of March 31, 2025.
According to the RHP, the company is in the process of expanding its custom synthesis capacity at Unit II (Harohalli) by 130 kL as well as expanding its custom synthesis capacity by 25kL and fermentation capacity by 40kL by constructing Unit III (Neoanthem Lifesciences Private Limited, wholly-owned Subsidiary), both expected to be fully operational by the first half of Fiscal 2026.
Post-expansion activities, the aggregate annual custom synthesis capacity and fermentation capacity is expected to increase to 425 kL and 182 kL, respectively. The fermentation capacity of 182 kL is expected to be more than six times the capacity of the second largest player in this industry, according to the F&S Report.
Anthem Biosciences financials
Its revenue from operations increased by 30% to Rs 1,844 crores in FY25 from Rs 1,419 crores in FY24. The PAT for the year ended March 31, 2025 was Rs 451 crores, a jump of 22.86% over FY24.
Sai Life Sciences Limited,
Syngene International Limited
,
Cohance Lifesciences Limited
, (Formerly Suven Pharmaceuticals) and Divi's Laboratories Limited are the listed peers of Anthem Biosciences, as per its RHP.
Anthem Biosciences lead managers
The Book Running Lead Managers to the offer are
JM Financial Limited
, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited.
The equity shares are proposed to be listed on BSE and NSE.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Deccan Herald
19 minutes ago
- Deccan Herald
Men in Ladki Bahin Yojana list: Money will be recovered, says Dy CM Pawar; promises action
His statement came amid reports that 14,000 men were beneficiaries of the scheme, under which women get Rs 1500 per month as aid subject to certain conditions, including annual family income.


Hans India
19 minutes ago
- Hans India
PM Modi launches, inaugurates development projects worth Rs 4,900 crore in Tamil Nadu
Chennai: Prime Minister Narendra Modi arrived in Tamil Nadu on Saturday evening for a two-day visit, marking a significant push for infrastructure and development initiatives across the state. After concluding his visit to the Maldives, Prime Minister Modi landed at the Tuticorin Airport at 7:50 p.m. in a special aircraft. He was received at the airport by Tamil Nadu Finance Minister Thangam Thennarasu, Governor R.N. Ravi, and Union Ministers L. Murugan and Ram Mohan Naidu, among others. Soon after his arrival, the Prime Minister inaugurated the newly developed terminal building of Tuticorin Airport, constructed at a cost of Rs 452 crore. Later, he laid the foundation stone and inaugurated multiple development projects across Tamil Nadu, with a cumulative value of Rs 4,900 crore. These projects span key sectors including energy, transport, and logistics. Among the major initiatives unveiled were, infrastructure projects worth Rs 550 crore in Tuticorin, power transmission works related to the Kudankulam Nuclear Power Plant, electrification of the Madurai–Bodinayakkanur railway line, power distribution systems for Kudankulam Units 3 and 4, doubling of the railway line between Aralvaimozhi and Nagercoil, doubling of the Nellai-Melapalayam railway section, estimated at Rs 283 crore, a four-lane road development project on the Sethiyathoppu-Cholapuram section, inauguration of the third northern cargo logistics terminal at V.O. Chidambaranar Port in Tuticorin, costing Rs 285 crore, doubling of the Nagercoil City-Junction-Kanyakumari railway line and railway projects worth Rs 1,030 crore. The visit highlights the Centre's focus on boosting connectivity, energy infrastructure, and economic development in southern Tamil Nadu. The Prime Minister is scheduled to participate in further events on Sunday, including the millennium celebration of the maritime expedition of the Chola emperor, Rajendra Chola I, at Gangaikonda Cholapuram.

Time of India
19 minutes ago
- Time of India
'Not In Favour': Meloni SHUTS DOWN Macron On Palestine Move; ‘If Something Doesn't Exist…'
'As Deep As the Sea': Modi's BIG 'Mahasagar' Diplomacy Message To China With Mega Maldives Deals Prime Minister Narendra Modi, speaking alongside Maldivian President Mohamed Muizzu, declared that India's friendship with Maldives runs 'deep as the sea.' As both nations celebrate 60 years of diplomatic ties, PM Modi announced a $565 million Line of Credit, pledged continued defence support, and launched talks for a landmark Free Trade Agreement (FTA). With initiatives like direct Rupee-Rufiyaa trade and UPI-based transactions expanding rapidly, India is cementing its economic and cultural footprint in the Indian Ocean. A commemorative stamp release, showcasing traditional boats, reflected shared heritage. PM Modi declared 'Friendship First' as the guiding spirit of ties, even as President Muizzu praised India's vital role. This visit marks a strategic reboot in South Asia's geopolitics and soft power diplomacy, sending a strong message to rivals in the region. Watch how Modi turned a cultural celebration into a powerful policy pitch.#pmmodi #narendramodi #modispeech #pmmodilive #modiinmaldives #indiamaldives #maldives #mohamedmuizzu #modimuizzu #lineofcredit #freetradeagreement #diplomacy #strategicaid #indianoceanstrategy #housingprojects #toi #toibharat #bharat #trending #breakingnews #indianews #toi #toibharat #bharat #trending #breakingnews #indianews #toi #toibharat #bharat #trending #breakingnews #indianews 12.2K views | 1 day ago