Symbiotec Pharmalab's initial public offering (IPO) is set to open for subscription on August 24, 2026. According to the Red Herring Prospectus (RHP), the ₹1,757.00 crore book-built issue comprises a fresh issue of up to ₹150.00 crore and an offer for sale (OFS) of up to ₹1,607.00 crore by its existing shareholders.
The IPO will remain open until August 27, 2026, while the anchor investor portion will open for subscription on August 21, 2026. The basis of allotment is expected to be finalised on August 28, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on September 1, 2026.
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
24 August 2026 |
|
Subscription Closing Date |
27 August 2026 |
|
Basis of Allotment Date |
28 August 2026 |
|
Refund Initiation Date |
31 August 2026 |
|
Credit of Shares |
31 August 2026 |
|
Listing on BSE and NSE |
1 September 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
The application size for each category is as follows -
|
Category |
Investment Range |
|---|---|
|
Qualified Institutional Buyers (QIBs) |
Not more than 50% of the Net Issue |
|
Non-Institutional Investors (NIIs) |
Not less than 15% of the Net Issue |
|
Retail Individual Investors (RII) |
Not less than 35% of the Net Issue |
The minimum investment amount for each category, based on the upper price band of ₹988 per share, is as follows -
|
Investor Category |
Lots |
Shares |
Investment Amount (Approx.) |
|
Retail (Minimum) |
1 |
15 |
₹14,820 |
|
Retail (Maximum) |
13 |
195 |
₹1,92,660 |
|
sNII (Minimum) |
14 |
210 |
₹2,07,480 |
|
bNII (Minimum) |
68 |
1,020 |
₹10,07,760 |
The company intends to utilise the net proceeds from the fresh issue towards:
Symbiotec Pharmalab Limited is a research and development-driven pharmaceutical and biotechnology company with expertise across organic chemistry, biotechnology, and complex injectables. The company is a global leader in corticosteroid and steroidal-hormone APIs by volume, holding a 38.2% share in corticosteroids and 23.8% in steroidal-hormone APIs in Fiscal 2026. Its portfolio includes over 60 APIs, supplied to regulated pharmaceutical markets worldwide.
The company operates a vertically integrated microbe-to-pharmacy and farm-to-pharmacy manufacturing platform, supported by industrial-scale API, fermentation, and injectable facilities in Madhya Pradesh. It also provides CDMO services to global pharmaceutical and nutraceutical companies, leveraging US FDA, EU-GMP, and other international regulatory approvals to serve innovators and generic drug manufacturers across highly regulated markets.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
869.15 |
751.55 |
716.25 |
|
EBITDA |
231.97 |
206.11 |
177.04 |
|
Profit After Tax (PAT) |
109.90 |
96.79 |
100.05 |
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