IPO Guru
Closed SME

Avience Biomedicals SME IPO

Avience Biomedicals IPO — date, price band, GMP & allotment 2026

Avience Biomedicals IPO was open for subscription from 18 June 2026 to 22 June 2026. Incorporated in 2019, Avience Biomedicals Limited is a molecular diagnostics and biomedical products company focused on healthcare testing solutions. The company follows a business model centred on manufacturing and supplying diagnostic kits, reagents and laboratory products for healthcare institutions. Based in Noida, the company serves hospitals, diagnostic laboratories and healthcare providers across India

Stock price

Avience Biomedicals is listed — here is the live share price.

Loading market data…
The verdict
Awaited
No analyst reviews yet
Read the reviews →
Grey market premium
₹145
+69.7% over ₹208 issue price
GMP history →
Subscribed
385.40×
Overall, across all categories
Fully subscribed Live subscription →
Minimum to apply
₹2,49,600
2 lots · 1200 shares at ₹208
Size my application →
Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 17 September.

Key dates Listed
  1. Open 18 Jun 2026
  2. Close 22 Jun 2026
  3. Allotment 23 Jun 2026
  4. Refund/credit 24 Jun 2026
  5. Listing 25 Jun 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 18 to 22 Jun, 2026
Price Band ₹196 – ₹208
Face Value ₹10
Lot Size 600 Shares
Issue Size ₹30.24 Cr
Sale Type Fresh capital only
Listing On NSE SME
Registrar Skyline Financial Services Private Limited
Min Investment ₹ 2,49,600
Reservation
QIB 49.83%
NII 15.09%
Retail 35.08%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 600 shares at the ₹208 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
If it lists at today's grey market premium of ₹145
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 2 1,200 ₹2,49,600
Retail (max) 2 1,200 ₹2,49,600
HNI (min) 3 1,800 ₹3,74,400

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 5

  • 01Operates in the fast-growing healthcare and molecular diagnostics sector.
  • 02Focused product portfolio catering to hospitals and diagnostic laboratories.
  • 03Rising demand for diagnostic testing supports long-term growth prospects.
  • 04Experienced promoter group with healthcare industry exposure.
  • 05Asset-backed manufacturing and distribution capabilities enhance scalability.

Risks · 5

  • 01Business performance depends on regulatory approvals and healthcare compliance requirements.
  • 02Intense competition from established diagnostic and biomedical companies may affect growth.
  • 03Rapid technological changes could require continuous investment in product development.
  • 04Dependence on healthcare spending and diagnostic testing demand may impact revenues.
  • 05Relatively limited operating history compared to larger industry peers.

Three years of numbers

All figures in ₹ crore, as reported in the Avience Biomedicals offer document.

Total income
41.94
24
46
42
31 Mar 202431 Mar 202531 Jan 2026
Profit after tax
5.74
2
7
6
31 Mar 202431 Mar 202531 Jan 2026
EBITDA
10.34
4
11
10
31 Mar 202431 Mar 202531 Jan 2026
Borrowing vs net worth
26.73 / 28.52
31 Mar 202431 Mar 202531 Jan 2026
Borrowing Net worth
Metric 31 Jan 2026 31 Mar 2025 31 Mar 2024
Assets 66.07 56.52 34.65
Total Income 41.94 45.97 24.37
Profit After Tax 5.74 7.23 2.14
EBITDA 10.34 11.41 4.08
NET Worth 28.52 22.78 6.21
Reserves and Surplus 24.49 18.75 2.93
Total Borrowing 26.73 22.16 15.13

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Avience Biomedicals RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
16.56
EPS (₹)
12.56
RoCE
24.84%
RoNW
49.89%
PAT Margin
15.86%

Avience Biomedicals IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹12.56
P/E Ratio (x) 16.56
Market Cap at Offer Price (₹ Cr) ₹95.06

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹208 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹30.24 Cr of the issue is earmarked to named objects.

Part finances the capital expenditure towards setting up of a new manufacturing unit at industrial plot no. 70, Sector 28 in the Medical Device Park under the Yamuna Expressway Industrial Development Authority (YEIDA), Gautam Buddha Nagar, Uttar Pradesh ₹14.05 Cr
Funding the working capital requirements of the Company ₹8.25 Cr
General Corporate Purposes ₹3.97 Cr
Public Issue Expenses ₹3.97 Cr

About the company

Avience Biomedicals Limited was incorporated in 2019 as Avience Biomedicals Private Limited and was later converted into a public limited company. The company is promoted by Dharam Deo Choudhary, Ram Nagina Choudhary, Janardan Pal and Deepa Choudhary. Headquartered in New Delhi, the company has established itself in the healthcare diagnostics segment by focusing on quality-driven biomedical and diagnostic products.
The company is engaged in the manufacturing and distribution of molecular diagnostic kits, reagents and related healthcare products used by hospitals, laboratories and diagnostic centres. Its business model is based on developing and supplying testing solutions that support disease detection and clinical diagnostics. With increasing demand for advanced healthcare testing infrastructure, the company aims to expand its product portfolio and market reach across India.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Deepa Choudhary, Dharam Deo Choudhary, Janardan Pal and Ram Nagina Choudhary
Promoter holding
87.89% 64.59%
Pre-issue → post-issue
Registered office
C-11, Block-C, Community Centre, Janakpuri A-3, Delhi, New Delhi, 110058
1800-12-04-636

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Fintellectual Corporate Advisors Private Limited View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

1 of their issues has listed so far, and 1 opened above the issue price (average +4.2%). That is too small a sample to read as a hit rate.

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Avience Biomedicals
Email

Frequently asked

What is the GMP of Avience Biomedicals?

The current Grey Market Premium is ₹145, or 69.7% over the issue price.

What is the Avience Biomedicals IPO price band?

₹196 to ₹208, on a face value of ₹10.

When is the allotment?

The basis of allotment is 23 June 2026, with listing on 25 June 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Skyline Financial Services Private Limited.

Avience Biomedicals IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

Join the WhatsApp channel All SME IPOs

Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹145
Subscribed
385.40×
Min bid
₹2,49,600
Size my application