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Windlas Biotech IPO Allotment Status

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Windlas Biotech IPO Allotment Status

About Company

Windlas Biotech Ltd is amongst the top five players in the domestic pharmaceutical formulations Contract Development and Manufacturing Organization (“CDMO”) industry in India in terms of revenue.

With over two decades of experience in manufacturing both solid and liquid pharmaceutical dosage forms and significant experience in providing specialized capabilities, including, high potency, controlled substances and low-solubility, company provides a comprehensive range of CDMO services ranging from product discovery, product development, licensing and commercial manufacturing of generic products, including complex generics, in compliance with current Good Manufacturing Practices (“GMP”) with a focus on improved safety, efficacy and cost.

The Company’s EBITDA increased by 47.04% from Rs. 29.52 Crores in the nine months ended December 31, 2019 to Rs. 43.4 Crores in the nine months ended December 31, 2020.