Speciality Medicines IPO
Speciality Medicines IPO
Overview
Speciality Medicines IPO is a book build issue of ₹29.14 crores. The issue is entirely a fresh issue of 0.24 crore shares of ₹29.14 crore. Speciality Medicines IPO opens for subscription on Mar 20, 2026 and closes on Mar 24, 2026. The allotment for the Speciality Medicines IPO is expected to be finalized on Mar 25, 2026. Speciality Medicines IPO will list on BSE SME with a The tentative listing date fixed as Mar 30, 2026. Speciality Medicines IPO is set issue price band at ₹117 to ₹124 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹0.00 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,72,000. Unistone Capital Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aikyam Capital Private Limited.
Total Shares
23,50,000
Issue Size
₹29 Cr
Price Band
₹117 – ₹124
Lot Size
1000 shares
Min. Investment
₹2,48,000
Max. Investment
₹2,48,000
Open Date
20 Mar, 2026
Close Date
24 Mar, 2026
Allotment
25 Mar, 2026
Listing
30 Mar, 2026
Max. Investment
₹2,48,000
Announced
20 Mar, 2026
Opening Date
20 Mar, 2026
Closing Date
24 Mar, 2026
Basis of Allotment
25 Mar, 2026
Initiation of Refunds
27 Mar, 2026
Credit of Shares
27 Mar, 2026
Listing Date
30 Mar, 2026
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About Speciality Medicines IPO
Incorporated in 2021, Speciality Medicines Limited is engaged in the marketing and distribution of finished formulations of speciality pharmaceuticals — including high-cost oral and injectable medications used to treat complex chronic conditions — across both domestic and international markets.
The company’s portfolio includes a wide range of speciality pharmaceutical finished formulations products, which are available in various dosage forms such as tablets, capsules, creams, syrups, e
Speciality Medicines IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.5% increase in shares
Speciality Medicines IPO Financial Health
Speciality Medicines IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,48,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,48,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,72,000 |
| S-HNI (Max) | 8 | 8000 | ₹9,92,000 |
| B-HNI (Min) | 9 | 9000 | ₹11,16,000 |
(All values in CR)
Speciality Medicines IPO Valuations
| Metric | Value |
|---|---|
| ROE | 18.11 |
| ROCE | 16.68 |
| Debt/Equity | 0.13 |
| RoNW | 16.61 |
| PAT Margin | 16.49 |
| EBITDA Margin | 17.73 |
| Price to Book Value | 2.19 |
(All values in CR)
Speciality Medicines IPO Strength & Risk
Speciality Medicines IPO Strengths 👍
Operates in the pharmaceutical sector with focus on specialty and niche therapeutic segments
Diversified product portfolio including critical care and specialty medicines
Strong distribution network across hospitals, pharmacies, and healthcare institutions
Growing demand for specialty medicines driven by increasing healthcare needs
Experienced management team with industry expertise
Focus on quality standards and regulatory compliance
Potential for expansion in domestic and international pharmaceutical markets
Speciality Medicines IPO Risks ⚠️
Highly regulated industry with strict compliance and approval requirements
Dependence on a limited number of key products or therapeutic segments
Pricing pressure due to government regulations and competition
Exposure to raw material price fluctuations and supply chain disruptions
Intense competition from established pharmaceutical companies
Risk of product recalls or regulatory actions affecting operations
High working capital requirements for inventory and distribution
Speciality Medicines IPO Subscriptions Status
Speciality Medicines IPO subscribed 1.03 times. The public issue subscribed 0.34 times in the individual investors category, 1.00 times in QIB (Ex Anchor), and 1.72 times in the NII category by March 24, 2026 12:39:42 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,50,000 | 1,50,000 | 1.86 |
| QIB (Ex Anchor) | 1.00 | 21,000 | 21,000 | 0.26 |
| NII | 1.72 | 10,89,000 | 18,76,000 | 23.262 |
| bNII (> ₹10L) | 2.48 | 7,26,000 | 18,04,000 | 22.37 |
| sNII (< ₹10L) | 0.20 | 3,63,000 | 72,000 | 0.893 |
| Individual Investors | 0.34 | 10,90,000 | 3,68,000 | 4.563 |
| Total | 1.03 | 22,00,000 | 22,65,000 | 28.086 |
Speciality Medicines IPO GMP
Speciality Medicines SME IPO last GMP is ₹0, last updated Mar 24th 2026 11:55 AM. With the price band of 124.00, Speciality Medicines SME IPO's estimated listing price is ₹124 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 24 Mar, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 24 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 24 Mar, 2026 |
| 23 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 23 Mar, 2026 |
| 22 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 22 Mar, 2026 |
| 21 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 21 Mar, 2026 |
| 20 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 20 Mar, 2026 |
| 19 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 19 Mar, 2026 |
| 18 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 18 Mar, 2026 |
| 17 Mar, 2026 | 124 | ₹0 | - | ₹124 (0.00%) | - | 17 Mar, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Speciality Medicines IPO
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Find Speciality Medicines IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.