Influx Healthtech Debuts Strong, Boosts India’s CDMO Play

Influx Healthtech Debuts Strong, Boosts India’s CDMO Play

The IPO, which closed on June 20, 2025, had raised INR 58.57 Cr and saw strong investor interest.

Mumbai-based contract manufacturing healthcare company Influx Healthtech made an impressive debut on the NSE SME platform today, listing at INR 132.50 per share, a 38% premium over its IPO price of INR 96.

The IPO, which closed on June 20, 2025, had raised INR 58.57 Cr and saw strong investor interest.

Influx Healthtech, established in 2020, operates as a Contract Development and Manufacturing Organization (CDMO), providing end-to-end manufacturing and product development services for nutraceuticals, personal care, cosmetics, ayurvedic products, and homecare solutions.

The company runs three manufacturing facilities in Maharashtra and currently employs 163 people.

Recent IPOs in the Healthcare Space

In August, Paras Healthcare, operating under the 'Paras Health' brand, filed draft papers with market regulator SEBI for an initial public offering (IPO) to raise funds.

The IPO was a combination of a fresh issue of equity shares worth up to INR 400 Cr and an offer for sale (OFS) of up to 1.5 Cr shares, with a face value of INR 1 for each equity share, according to the draft red herring prospectus (DRHP).

The OFS included promoter Dharminder Kumar Nagar selling 29.28 Lakh equity shares and investor Commelina Ltd divesting 1.2 Cr shares.

Earlier, Akums Pharma debuted in the Stock Market with its IPO being fully subscribed on Day 1. The IPO, which opened on Tuesday with a price band of INR 646-679, saw a subscription rate of 1.37 times by the end of Day 1.

The proceeds from the fresh issue will be allocated towards repaying or prepaying debt, funding incremental working capital requirements, pursuing inorganic growth through acquisitions, and general corporate purposes.

Disclaimer: Views expressed are independent and for informational purposes. They do not reflect the official stance of Digital Health News.

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