Anthem Biosciences, a Contract Research, Development, and Manufacturing Organization (CRDMO), is launching a ₹3,395 crore IPO from July 14-16 with shares priced at ₹540-570 each.
The company reported strong financial performance with revenue growing 30% year-on-year to ₹1,844 crore in FY25 and profit after tax increasing 23% to ₹451 crore.
The IPO is entirely an offer for sale by existing shareholders, meaning no proceeds will go to the company for expansion or operations.
Anthem operates integrated pharmaceutical services from drug discovery to manufacturing, specializing in complex fermentation-based APIs including probiotics, enzymes, and biosimilars.