SME

IPO ·

NSE SME

Bio Medica Laboratories Ltd

Listed

Incorporated in August 2015, Bio Medica Laboratories specialises in manufacturing pharmaceutical parenteral formulations, producing a wide range of ethical drugs, generic drugs, and over-the-counter (OTC) medications in liquid and

Issue details

Price band

₹132 – ₹139

Face value

₹10

Lot size

1,000 shares

Minimum investment

₹2,78,000

Issue size

₹52.43 Cr

Fresh issue

₹44.56 Cr

Offer for sale

₹5.24 Cr

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

21 May 2026

Closes

25 May 2026

UPI mandate cut-off

5:00 PM on 25 May 2026

Allotment

26 May 2026

Refunds

27 May 2026

Shares in demat

27 May 2026

Listing

29 May 2026

Subscription and listing

Subscription

2.23x

Listing price

₹111.20

Registrar

Skyline Financial Services Pvt Ltd

Lead manager

Narnolia Financial Services

Subscription by category

Total

2.23x

Total applications

3,036

Listing day

Issue price

₹139

Open

₹111.20

High

₹116.75

Low

₹105.65

Day close

₹115.80

Listing gain at open

-20.00%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

36,000

0.95%

NII Shares Offered

17,55,000

46.53%

bNII > ₹10L

11,70,000

31.02%

sNII < ₹10L

5,85,000

15.51%

Retail Shares Offered

17,92,000

47.51%

Market Maker Shares Offered

1,89,000

5.01%

Total Shares Offered

37,72,000

100.00%

Finaccle’s quick read

Neutral

FY25 income up 150%, PAT up 292%, ROE 54.41%, D/E 2.23, post-issue P/E 13.45x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in August 2015, Bio Medica Laboratories specialises in manufacturing pharmaceutical parenteral formulations, producing a wide range of ethical drugs, generic drugs, and over-the-counter (OTC) medications in liquid and dry-powder injectable forms.der injectables. These injectables are available in both single-dose and multi-dose formats, serving the needs of both human and veterinary healthcare.

Founded

2015

2015

Promoters

Mukesh Mehta, Pradeep Mehta

Mukesh Mehta, Pradeep Mehta

Promoter holding

96.84% pre-issue; 67.7% post-issue

96.84% pre-issue; 67.7% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Nov 2025

Nov 2025

28.63

28.63

13.45

8.66

8.66

17.12

38.17

38.17

65.17

FY25

FY25

38.33

38.33

15.21

9.79

9.79

14.73

15.01

15.01

39.12

FY24

FY24

15.34

15.34

5.63

2.50

2.50

4.94

10.49

10.49

19.53

FY23

FY23

16.25

16.25

1.70

0.33

0.33

2.44

9.61

9.61

17.57

ROE

54.41%

ROCE

23.22%

Debt / equity

2.23

PAT margin

30.35%

P/E post issue

13.45

Market cap

₹174.79 Cr

Use of IPO money

Repayment of loan

₹6.50 Cr

Enhancement of its existing production capabilities by setting up of new manufacturing facility at the existing premises

₹28.50 Cr

General Corporate Purposes

₹7.05 Cr

Issue Expense

₹5.14 Cr

Strengths

✓

Multi-product capability and diversified product portfolio Experienced promoters, management and employees

✓

Quality assurance Established client relationship

✓

Revenue up 150% in FY25 to ₹38.33 Cr

✓

PAT up 292% in FY25 to ₹9.79 Cr

✓

PAT margin of 30.35%

Risks to watch

!

High leverage: debt to equity 2.23

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.