SME

IPO ·

BSE SME

Goldline Pharmaceutical Ltd

Listed

Goldline Pharmaceuticals is engaged in the business of marketing pharmaceutical products under the brand name “Goldline.” Its product range is divided into five segments: Goldline Pharma: This category includes 42 prod

Issue details

Price band

₹41 – ₹43

Face value

₹10

Lot size

3,000 shares

Minimum investment

₹2,58,000

Issue size

₹11.61 Cr

Fresh issue

₹11.02 Cr

Offer for sale

—

Issue type

Book Built

Exchange

BSE SME

Key dates

Opens

12 May 2026

Closes

14 May 2026

UPI mandate cut-off

5:00 PM on 14 May 2026

Allotment

15 May 2026

Refunds

18 May 2026

Shares in demat

18 May 2026

Listing

19 May 2026

Subscription and listing

Subscription

598.69x

Listing price

₹59.75

Registrar

Bigshare Services Pvt Ltd

Lead manager

Cumulative Capital

Subscription by category

Total

598.69x

Total applications

1,65,088

Anchor investors

Amount raised

₹3.15 Cr

Bid date

11 May 2026

50% lock-in ends

14 Jun 2026

Rest lock-in ends

13 Aug 2026

Listing day

Issue price

₹43

Open

₹59.75

High

₹60.00

Low

₹56.77

Day close

₹56.77

Listing gain at open

+38.95%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

12,72,000

47.11%

Anchor Investor Shares Offered

7,32,000

27.11%

QIB (Ex. Anchor) Shares Offered

5,40,000

20.00%

NII Shares Offered

3,90,000

14.44%

bNII > ₹10L

2,58,000

9.56%

sNII < ₹10L

1,32,000

4.89%

Retail Shares Offered

9,00,000

33.33%

Market Maker Shares Offered

1,38,000

5.11%

Total Shares Offered

27,00,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 19%, PAT up 56%, ROE 21.02%, D/E 1.07, post-issue P/E 13.93x.

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

Goldline Pharmaceuticals is engaged in the business of marketing pharmaceutical products under the brand name &ldquo;Goldline.&rdquo; Its product range is divided into five segments: Goldline Pharma: This category includes 42 products to cater to specialties like Physicians, Orthopedics, ENT, Chest Physicians, General and Specialty Surgery, Gastroenterology, Neurology, and Urology. Goldline Cardinal: This category offers 54 products tailored for the Specialty division, serving medical fields such as Physicians, Diabetologists, Endocrinologists, Cardiologists, and General Physicians.

Promoters

Amol

Amol

Promoter holding

79.7% pre-issue; 57.29% post-issue

79.7% pre-issue; 57.29% 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

Dec 2025

Dec 2025

21.41

21.41

4.16

2.22

2.22

12.36

9.47

9.47

27.40

FY25

FY25

28.06

28.06

5.83

2.83

2.83

10.35

11.03

11.03

26.28

FY24

FY24

23.57

23.57

4.30

1.81

1.81

7.86

11.13

11.13

22.93

FY23

FY23

19.85

19.85

2.19

0.26

0.26

5.89

10.83

10.83

19.39

ROE

21.02%

ROCE

24.22%

Debt / equity

1.07

PAT margin

10.38%

P/E post issue

13.93

Market cap

₹41.28 Cr

Use of IPO money

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company

₹8.35 Cr

General Corporate Purposes

₹1.71 Cr

Issue Expense

₹1.55 Cr

Strengths

✓

Revenue up 19% in FY25 to ₹28.06 Cr

✓

PAT up 56% in FY25 to ₹2.83 Cr

✓

PAT margin of 10.38%

✓

ROE of 21.02% and ROCE of 24.22%

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

!

Debt to equity of 1.07

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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.