Biocon Raises ₹4,150 Crore Through Institutional Share Sale; Equity Capital Expands

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Bengaluru, January 15, 2026 – Biocon Limited (BSE: 532523 | NSE: BIOCON) on Wednesday announced the successful allotment of equity shares under its recently concluded institutional fundraise, mobilising ₹4,150 crore to strengthen its balance sheet and support long-term growth initiatives.

Issue Details and Fundraise Summary​

The company approved the issue and allotment of 11,26,64,585 equity shares of face value ₹5 each at an issue price of ₹368.35 per share, including a premium of ₹363.35 per share. The institutional placement opened on January 12, 2026, and closed on January 14, 2026.
The total amount raised through the transaction aggregates to ₹4,150 crore.

Key Issue Particulars​

ParticularsDetails
Securities issuedEquity shares
Number of shares allotted11,26,64,585
Issue price₹368.35 per share
Face value₹5 per share
Total proceeds₹4,150 crore

Impact on Share Capital​

Following the allotment, Biocon’s paid-up equity share capital increased from ₹754.12 crore, comprising 150.82 crore equity shares, to ₹810.45 crore, comprising 162.09 crore equity shares of face value ₹5 each.

Share Capital Position​

ParticularsBefore IssueAfter Issue
Paid-up equity capital₹754.12 crore₹810.45 crore
Number of equity shares150.82 crore162.09 crore

Institutional Participation Highlights​

The issue saw participation from several large domestic mutual fund schemes, with select funds receiving more than 5 percent of the equity shares offered in the transaction. Major allocations were seen across diversified, value, healthcare-focused, and large-and-midcap oriented schemes, reflecting continued institutional confidence in Biocon’s long-term business prospects.

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