Amanta Healthcare Ltd IPO 2025 – Key Details, Dates, Price & Allotment Info
Amanta Healthcare IPO is a book-built issue worth ₹126 crore, comprising a fresh issue of 1 crore equity shares.
The Amanta Healthcare IPO is a book-built public issue valued at ₹126 crore, entirely comprising a fresh issue of 1 crore equity shares.
The subscription window for the IPO will be open from September 1, 2025, to September 3, 2025. The basis of allotment is expected to be finalized on September 4, 2025, and the equity shares are proposed to be listed on the BSE and NSE, with a tentative listing date of September 9, 2025.
The price band for the IPO has been fixed at ₹120 to ₹126 per share, offering investors flexibility in bidding. The lot size is set at 119 shares, meaning that retail investors can participate with a minimum investment of ₹14,994 (calculated at the upper price band).
For larger investor categories, the minimum investment requirements are higher:
- sNII (Small Non-Institutional Investors): 14 lots (1,666 shares), totaling ₹2,09,916
- bNII (Big Non-Institutional Investors): 67 lots (7,973 shares), amounting to ₹10,04,598
This IPO provides an opportunity for investors to participate in the growth story of Amanta Healthcare Ltd, a company set to list on the mainboard with strong fundamentals and sectoral presence.
Amanta Healthcare IPO Details
| IPO Date | September 1, 2025 to September 3, 2025 |
|---|---|
| Listing Date | September 9, 2025 (Tentative) |
| Face Value | ₹10 per share |
| Issue Price Band | ₹120 to ₹126 per share |
| Lot Size | 119 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,00,00,000 shares (aggregating up to ₹126.00 Cr) |
| Issue Type | Book Building IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,88,29,351 shares |
| Share Holding Post Issue | 3,88,29,351 shares |
Amanta Healthcare IPO Timeline (Tentative Schedule)
Amanta Healthcare IPO opens on September 1, 2025, and closes on September 3, 2025.
| IPO Open Date | Mon, Sep 1, 2025 |
|---|---|
| IPO Close Date | Wed, Sep 3, 2025 |
| Tentative Allotment | Thu, Sep 4, 2025 |
| Initiation of Refunds | Mon, Sep 8, 2025 |
| Credit of Shares to Demat | Mon, Sep 8, 2025 |
| Tentative Listing Date | Tue, Sep 9, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 3, 2025 |
Amanta Healthcare IPO Lot Size
Investors can bid for a minimum of 119 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNIs in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 119 | ₹14,994 |
| Retail (Max) | 13 | 1,547 | ₹1,94,922 |
| S-HNI (Min) | 14 | 1,666 | ₹2,09,916 |
| S-HNI (Max) | 66 | 7,854 | ₹9,89,604 |
| B-HNI (Min) | 67 | 7,973 | ₹10,04,598 |
Amanta Healthcare IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Amanta Healthcare IPO Promoter Holding
The promoters of the Company are Bhavesh Patel, Vishal Patel, Jayshreeben Patel, Jitendra Kumar Patel and Milcent Appliances Private Limited.
| Promoter Holding | Percentage |
|---|---|
| Pre Issue | 85.60% |
| Post Issue | 63.56% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
About Amanta Healthcare Ltd.
Incorporated in December 1994, Amanta Healthcare Limited is a pharmaceutical company engaged in the development, manufacturing, and marketing of sterile liquid products, with a strong focus on parenteral formulations. These products are packaged using advanced Aseptic Blow-Fill-Seal (ABFS) and Injection Stretch Blow Moulding (ISBM) technologies. In addition to pharmaceuticals, the company is also a manufacturer of medical devices.
Amanta Healthcare’s portfolio includes a wide range of fluid therapy formulations, such as IV fluids, diluents, ophthalmic solutions, and respiratory care products. It also manufactures irrigation solutions, first-aid products, and eye lubricants under its medical devices division.
The company distributes its products through three key business segments:
- National Sales
- International Sales
- Medical Devices
Company Financials
Amanta Healthcare Ltd. Financial Information (Restated)
Amanta Healthcare Ltd.’s revenue decreased by 2% and profit after tax (PAT) rose by 189% between the financial year ending March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 381.76 | 352.12 | 374.06 |
| Total Income | 276.09 | 281.61 | 262.70 |
| Profit After Tax | 10.50 | 3.63 | -2.11 |
| EBITDA | 61.05 | 58.76 | 56.31 |
| Net Worth | 96.39 | 66.29 | 62.88 |
| Reserves and Surplus | 67.56 | 39.46 | 36.05 |
| Total Borrowing | 195.00 | 205.23 | 215.66 |
Amount in ₹ Crore
Key Performance Indicator (KPI)
The market capitalization of Amanta Healthcare IPO is ₹489.25 Cr.
KPI as of Mon, Mar 31, 2025
| KPI | Values |
|---|---|
| ROE | 12.42% |
| ROCE | 13.72% |
| Debt/Equity | 2.02 |
| RoNW | 10.89% |
| PAT Margin | 3.86% |
| EBITDA Margin | 22.11% |
| Price to Book Value | 3.77 |
| KPI | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 3.64 | 2.70 |
| P/E (x) | 34.59 | 46.59 |
Note: The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 as available in RHP.
Objects of the Issue (Amanta Healthcare IPO Objectives)
Amanta Healthcare intends to utilize the net proceeds from the IPO for the following purposes:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding capital expenditure requirements for civil construction work and towards purchase of equipment, plant and machinery for setting up new manufacturing line of SteriPort at Hariyala, Kheda, Gujarat | 70.00 |
| 2 | Funding capital expenditure requirements towards civil construction work, purchase of equipment, plant and machinery for setting up new manufacturing line for SVP at Hariyala, Kheda, Gujarat | 30.13 |
| 3 | General corporate purposes | – |
Amanta Healthcare IPO Review
According to Dilip Davda, Amanta Healthcare Limited (AHL) is engaged in the development, manufacturing, and marketing of a wide range of sterile liquid pharmaceutical products. The company has reported nearly stagnant revenue growth in the reviewed periods. Its financial performance for FY23 and FY24 was impacted by MAT incentive reversals and related adjustments.
Operating in a highly competitive and fragmented industry, the company faces significant challenges. Considering the latest financial data, the IPO is priced at a relatively high valuation. Hence, only well-informed or cash-rich investors may consider investing moderate funds with a medium-term perspective, while conservative investors may prefer to avoid this issue.
| Amanta Healthcare Ltd. Contact Details |
|---|
|
8th Floor, Shaligram Corporates C.J. Marg, Ambli, Ahmedabad, Gujarat, 380058 Phone: 079 67777600 Email: cs@amanta.co.in Website: https://www.amanta.co.in/ |
| Amanta Healthcare IPO Registrar |
|---|
|
MUFG Intime India Pvt. Ltd. Phone: +91-22-4918 6270 Email: amantahealthcare.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Amanta Healthcare IPO – FAQs
| Question | Answer |
|---|---|
| What is the Amanta Healthcare IPO? | It is a main-board IPO of 1 crore equity shares (face value ₹10 each), totaling ₹126.00 crore. The issue price is set between ₹120 – ₹126 per share with a minimum lot size of 119 shares. The IPO opens on September 1, 2025 and closes on September 3, 2025. Registrar: MUFG Intime India Pvt. Ltd. Proposed listing: BSE, NSE. |
| How to apply in Amanta Healthcare IPO through Zerodha? |
Zerodha users can apply online using UPI. Steps: 1. Login to Zerodha Console. 2. Go to Portfolio → IPOs. 3. Select Amanta Healthcare IPO and click Bid. 4. Enter UPI ID, Quantity, and Price. 5. Submit the IPO form. 6. Approve the UPI mandate in your banking/UPI app. For more details, see Zerodha IPO process guide. |
| When does the Amanta Healthcare IPO open? | The IPO opens on September 1, 2025 and closes on September 3, 2025. |
| What is the lot size of Amanta Healthcare IPO? | The lot size is 119 shares. Minimum investment is ₹14,994. |
| How can I apply for Amanta Healthcare IPO? | You can apply online via UPI or ASBA. UPI-based applications can be submitted through brokers like Zerodha, Upstox, 5Paisa, Nuvama, etc. ASBA applications are available via net banking with banks like HDFC, SBI, ICICI, etc. |
| When is the IPO allotment date? | Allotment will be finalized on Thursday, September 4, 2025. Shares will be credited to demat accounts by Monday, September 8, 2025. You can check status online once announced. |
| When is the IPO listing date? | The listing date is not confirmed yet. Tentatively, the IPO will list on Tuesday, September 9, 2025. |



