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IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹10 per share
  • Price Band
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Fresh Issue
    [.] shares (agg. up to ₹800 Cr)
  • Offer for Sale
    2,73,29,192 shares of ₹10 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    21,69,90,340 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Wed, Aug 26, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not less than 15% of the Offer

About Aragen Life Sciences Ltd.

Incorporated in December 2000, Aragen Life Sciences Limited is a fully integrated contract research, development and manufacturing organization (CRDMO) serving global pharmaceutical, biotechnology and other life sciences companies. The Company offers comprehensive solutions across the drug development lifecycle through its CRO and CDMO businesses, covering both small molecules and biologics. Its services include drug discovery and pre-clinical research, advanced chemistry and biology solutions, process R&D, API and intermediate development, formulation development, GMP manufacturing, analytical testing and integrated gene-to-GMP biologics solutions.

The Company serves a diversified global customer base comprising Big Pharma, large pharmaceutical companies, biotechnology firms and mid-sized pharmaceutical companies across pharmaceuticals, biotechnology, animal health, agrochemicals and specialty chemicals. In Fiscal 2026, it served 591 customers globally, including 16 of the Top 20 Big Pharma companies, with presence across the United States, Europe, Japan, India and other APAC markets. Its integrated US-India delivery model combines advanced scientific capabilities in the United States with large-scale research and manufacturing infrastructure in India.

The Company operates capabilities across peptides, oligonucleotides, nucleic acid chemistry, PROTACs, lipids, bio-conjugation, DMPK, pharmacology, cell and protein sciences and molecular biology, along with small molecule and biologics development and manufacturing. As of March 31, 2026, it had an installed small molecule CDMO capacity of 364.12 KL, clinical-scale formulation capacity of 1 million doses per annum, and 2.50 KL of GMP biologics manufacturing capacity. During Fiscal 2026, its chemistry laboratories synthesized over 60,000 novel compounds and screened over 50,000 compounds across biology programmes.

As of March 31, 2026, the Company has a strong scientific workforce, with 4,362 permanent employees, including 3,412 scientific personnel and 479 PhD holders.

Competitive Strengths

  • Demonstrated track record of consistent and profitable growth.
  • Professional management and highly qualified scientific workforce.
  • Leading CRO platform supported by advanced capabilities and strong scientific talent.
  • Scalable small molecule and biologics CDMO capabilities with an integrated US-India delivery model.
  • Largest Indian CRDMO platform offering comprehensive solutions across the drug development lifecycle.
  • Diversified revenue base with deep and long-standing relationships with global pharmaceutical customers.
  • Strategically located advanced infrastructure across India and the United States with a strong regulatory track record.

    (Updated on Aug 27, 2026)

Company Financials (Restated Consolidated)

Aragen Life Sciences Ltd.’s revenue increased by 19% and profit after tax (PAT) rose by 43% between the financial year ending with March 31, 2026 and March 31, 2025.   (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 3,325.47 3,114.23 2,397.78
Total Income 2,225.59 1,870.29 1,674.68
Profit After Tax 257.64 180.38 160.10
EBITDA 593.77 472.40 444.09
NET Worth 2,308.31 2,058.80 1,295.40
Reserves and Surplus 2,091.32 1,841.41 1,090.58
Total Borrowing 447.30 477.48 645.47

Note:-

Adjusted EBITDA is given.

Recently Listed IPOs in Biotechnology

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Avience Biomedicals Ltd. SME ₹30.24 Cr ₹208 11.59 ₹414.95 +99.50% ₹275.00

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Repayment and/or pre-payment, in part or full of certain borrowings availed by the Company and Material Subsidiaries
    385.00
  • 2 Capital expenditure to be incurred by the Company for purchase of new equipment and machinery for the facilities in Hyderabad
    154.00
  • 3 Capital expenditure to be incurred by one of our Material Subsidiaries, namely Aragen Biologics Private Limited for purchase of new equipment and machinery for the facility in Bengaluru, Karnataka
    71.00
  • 4 General corporate purposes
  • Total
    610.00

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 11.96% 10.70%
ROCE 18.18% 14.66%
RoNW 11.75% 10.72%
PAT Margin 11.83% 9.78%
EBITDA Margin 27.26% 25.60%
NAV 107.47

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 11.87

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group NA
Public
Total

Company Promoters: Davinder Singh Brar, Reddy Investment Trust, Madhubani Investments Pvt.Ltd., Aparna Reddy Gunapati and Keshav Gunupati Venkat Reddy.

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered
Reddy Investment Trust Promoter 18,63,354
Davinder Singh Brar Promoter 6,21,118
WSCPVIII (Singapore) Pte.Ltd. Corporate 1,84,60,361
WSCPVIII EMP (Singapore) Pte.Ltd. Corporate 33,23,006
Goldman Sachs Capital Holdings III Pte.Ltd. Corporate 25,65,193

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Axis Capital Ltd.
  2. Citigroup Global Markets India Pvt.Ltd.
  3. Goldman Sachs (India) Securities Pvt.Ltd.
  4. JM Financial Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Aragen Life Sciences Ltd. Address
Plot 28A
IDA Nacharam
Hyderabad, Telangana, 500076

IPO FAQs

Aragen Life Sciences IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Aragen Life Sciences IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Aragen Life Sciences IPO using UPI as a payment gateway. Angel One customers can apply in Aragen Life Sciences IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Aragen Life Sciences IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Aragen Life Sciences IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail

The Aragen Life Sciences IPO dates are not announced. Please check back again after some time.

Aragen Life Sciences IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Aragen Life Sciences IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Aragen Life Sciences IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aragen Life Sciences IPO allotment status.

The Aragen Life Sciences IPO listing date is not yet announced. The tentative date of listing is .

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