The IPO closed on July 16, 2025, with an overall subscription of ~4×—substantive investor interest, especially from NIIs and QIBs .
📊 Livemint & ET Markets Subscription Update:
- NIIs: ~27×
- QIBs: ~11.9×
- Retail investors: ~3.8×
- Overall: ~4× bid-to-offer ratio Business Standard+1Goodreturns+1
💰 Grey Market Premium (GMP) Today:
- ₹150–₹156 GMP which points to a ~26–27% expected listing gain, implying a listing price near ₹720–726 (upper band ₹570 + GMP) Moneycontrol+6Business Standard+6Republic World+6.
🔍 What GMP Signals:
- This high GMP reflects strong bullish sentiment, thanks to stellar subscription and institutional confidence.
- However, remember GMP is unofficial—market conditions on listing day can shift the final premium.
✅ Takeaway For Investors:
- Short-term gain seekers: GMP indicates potential 25–27% listing return. Monitor overall market sentiment at listing.
- Long-term investors: Anthem is a solid CRDMO play with a strong order book and margin profile, but high valuations (~70× FY 25 P/E) mean execution and sector stability are key The Economic Times+14mint+14Goodreturns+14The Financial ExpressGoodreturns+1Republic World+1.
🗓️ Key Dates Ahead:
- Allotment: July 17, 2025
- Expected Listing: July 21, 2025 on NSE & BSE
