Amanta Healthcare IPO
Open MainLineCurrent GMP
₹9 (+7.14%)
Price Band
₹ 120 – 126
Lot Size
119
Issue Size
₹126 Cr
Minimum Investment
₹14994 (119 Shares)
Listing Date
09 September 2025
Subscription
82.61x
About the Company
Incorporated in December 1994, Amanta Healthcare Limited is a pharmaceutical company specializing in the development, manufacturing, and marketing of sterile liquid products. The company focuses on parenteral formulations, packaged using Aseptic Blow-Fill-Seal (ABFS) and Injection Stretch Blow Moulding (ISBM) technologies. It also manufactures a range of medical devices.
Product Portfolio:
Amanta offers a wide range of large volume parenterals (LVPs) and small volume parenterals (SVPs) across six therapeutic segments, including:
- Fluid therapy (IV fluids)
- Diluents
- Ophthalmic solutions
- Respiratory care
- Irrigation solutions
- Medical devices like first-aid solutions and eye lubricants
The company supports various closure systems (nipple head, twist-off, leur-lock, screw types) and container sizes ranging from 2ml to 1000ml.
Business Model:
Amanta operates through three strategic business units:
- National Sales – Selling over 45 generics under its own brands via a network of 320+ distributors and stockists.
- International Sales – Active in Africa, Latin America, the UK, and other regions with product registrations in 19 countries.
- Product Partnering – Manufacturing for other Indian and international pharmaceutical companies, including under loan license agreements.
As of Fiscal 2025, Amanta exported branded products to 21 countries and had 47 products registered across 120 international jurisdictions.
Manufacturing & R&D:
- Location: Hariyala, District Kheda, Gujarat, India
- Facilities: 4 LVP manufacturing lines (ABFS and ISBM), 3 SVP lines (including ABFS and conventional lines)
- Certifications: GMP (India, WHO format), approvals from Cambodia, Sudan, Philippines, Zimbabwe, and DNV certification for medical devices
- Formulation & Development (F&D): In-house lab with modern equipment for developing and improving sterile liquid dosage forms
Therapeutic Categories:
Products cover a range of categories including antibiotics, antifungals, quinolones, diuretics, anti-anaerobics, ophthalmics, and respiratory medications.
Management & Team:
Led by Managing Director Bhavesh Patel, Amanta benefits from a highly experienced and professional management team. As of March 31, 2025, the company employed 123 personnel in its F&D and quality control labs.
Competitive Strengths:
- Well-established manufacturer with a diverse sterile liquid product portfolio
- Strong manufacturing infrastructure with advanced technologies (ABFS, ISBM)
- Wide domestic and international market reach
- Robust product development and regulatory compliance
- Experienced leadership and a skilled, long-serving workforce
Promoters
- Bhavesh Patel
- Vishal Patel
- Jayshreeben Patel
- Jitendra Kumar Patel
- Milcent Appliances Private Limited
Promoters Holding
Holding Pre Issue
85.60%
Holding Post Issue
63.56%
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure requirements for civil construction work and towards the purchase of equipment, plant and machinery for setting up a new manufacturing line of SteriPort at Hariyala, Kheda, Gujarat;
- Funding capital expenditure requirements towards civil construction work, purchase of equipment, plant and machinery for setting up a new manufacturing line for SVP at Hariyala, Kheda, Gujarat; and
- General corporate purposes.
Address / Contact Info
Amanta Healthcare Limited
8th Floor, Shaligram Corporates,
C.J. Marg, Ambli, Ahmedabad –
380058, Gujarat, India
Phone: 079 67777600
Email: cs@amanta.co.in
Website: https://www.amanta.co.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 01 September 2025
IPO Close Date
Wednesday, 03 September 2025
Basis of Allotment
Thursday, 04 September 2025
Initiation of Refunds
Monday, 08 September 2025
Credit of Shares to Demat
Monday, 08 September 2025
Listing Date
Tuesday, 09 September 2025 — NSE & BSE
Important Dates
Open Date
01 September 2025
Close Date
03 September 2025
Basis Of Allotment
04 September 2025
Listing Date
09 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 381.76 | 352.12 | 374.06 |
| Revenue | 276.09 | 281.61 | 262.7 |
| Profit After Tax | 10.1 | 3.41 | -2.09 |
| Net Worth | 96.39 | 66.29 | 62.88 |
| Reserve & Surplus | 61.75 | 39.46 | 36.05 |
| Total Borrowings | 196.59 | 205.23 | 215.66 |
EPS Pre
3.64%
EPS Post
2.70%
P/E Pre
34.59
P/E (Post Issue)
46.59x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 12.42 | 5.27 | -3.27 |
| ROCE % | 13.72 | 12.76 | 12.19 |
| Debt / Equity | 2.02 | 3.1 | 3.43 |
| RoNW % | 10.89 | 5.48 | -3.36 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 3.86 | 1.3 | -0.82 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| 2000000 | 28.57 | 0 | |
| Non-Institutional | 1500000 | 21.43 | 0 |
| BNII | 1000000 | 14.29 | 0 |
| SNII | 500000 | 7.14 | 0 |
| Retail Investors | 3500000 | 50 | 0 |
| Total | 7000000 | 100 | 0 |
Subscription Status ( Wed, 03 Sep 25 01:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2000000 | 71722490 | 35.86x |
| Non-Institutional | 1500000 | 314135486 | 209.42x |
| BNII | 1000000 | 226127251 | 226.13x |
| SNII | 500000 | 88008235 | 176.02x |
| Retail Investors | 3500000 | 192422762 | 54.98x |
| Total | 7000000 | 578280738 | 82.61x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Amanta Healthcare Ltd | 10 | 0.00 | 1.35 | 1.35 | 5.48 | 24.71 |
| Denis Chem Lab Ltd | 10 | 18.76 | 8.04 | 8.04 | 13.88 | 57.91 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 119 | 14,994.00 |
| Retail (Max) | 13 | 1,547 | 194,922.00 |
| S-HNI (Min) | 14 | 1,666 | 209,916.00 |
| S-HNI (Max) | 66 | 7,854 | 289,604.00 |
| B-HNI (Min) | 67 | 7,973 | 1,004,598.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Amanta Healthcare IPO is a Book-building IPO worth ₹126 crores. The price band is ₹120 to 126 per share. The IPO opens on Mon, Sep 1, 2025 and closes on Wed, Sep 3, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Amanta Healthcare IPO opens on Mon, Sep 1, 2025 and closes on Wed, Sep 3, 2025
Amanta Healthcare IPO Price Band is ₹120 to 126.
Amanta Healthcare IPO lot size is 119, and the minimum amount required for application is ₹14994.
The minimum investment for Amanta Healthcare IPO is approximately ₹14994 based on the upper price band.
To apply for the Amanta Healthcare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Sep 3, 2025. After submission, funds are blocked until the basis of allotment of Amanta Healthcare IPO is finalised.
Amanta Healthcare IPO issue size is ₹126 crores.
Amanta Healthcare IPO allotment date is Sat, Jun 27, 2026.
The registrar for Amanta Healthcare IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Amanta Healthcare IPO through their official website or helpline.
The Amanta Healthcare IPO GMP (Grey Market Premium) is ₹9 as of Tue, Sep 9, 2025. Based on the upper price band of ₹126 per share, the estimated Amanta Healthcare IPO listing price is ₹135, indicating a potential listing gain of approximately 31% over the issue price.