Symbiotec Pharmalab IPO Day 3: Subscription Status, Timeline & Key Issue Details

Symbiotec Pharmalab's ₹1,757.0 crore initial public offering (IPO) entered its third day of public subscription today, August 26, 2026, with a price band of ₹938 to ₹988 per share. As of 10:18 A.M on the third day of bidding, the issue had been subscribed 2.13 times.

The IPO will remain open for subscription until 27 August 2026. The basis of allotment is expected to be finalised on 28 August 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on 1 September 2026.

Symbiotec Pharmalab IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: Up to ₹1,757.00 crore
• Fresh Issue: Up to ₹150.00 crore
• Offer for Sale (OFS): Up to ₹1,607.00 crore
• Face Value: ₹2 per equity share
• Price Band: ₹938 to ₹988 per share
• Lot Size: 15 shares
• Minimum Investment Amount (Retail Investor): ₹14,820 (15 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: JM Financial Limited, Avendus Capital Private Limited, Motilal Oswal Investment Advisors Limited, Nomura Financial Advisory and Securities (India) Private Limited
• Registrar: MUFG Intime India Private Limited

Symbiotec Pharmalab IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Symbiotec Pharmalab IPO Day 3 Subscription Status

[August 26, 2026, 10:18 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company
• General corporate purposes.

About Symbiotec Pharmalab Limited

Incorporated in 2002, Symbiotec Pharmalab Limited is a research-driven pharmaceutical and biotechnology company engaged in the development and manufacture of active pharmaceutical ingredients (APIs), complex injectables, and biotechnology-based products. The company is a global leader in corticosteroid and steroidal hormone APIs by production volume and offers a portfolio of over 60 APIs across regulated pharmaceutical markets.

Symbiotec operates a vertically integrated manufacturing network in Madhya Pradesh, with dedicated facilities for API production, fermentation, and injectable manufacturing. Alongside its own product portfolio, the company provides contract development and manufacturing (CDMO) services to global pharmaceutical and nutraceutical clients, supported by multiple international regulatory certifications.

Key Financial Highlights 

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