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Bio Medica Laboratories SME IPO

Bio Medica Laboratories IPO — date, price band, GMP & allotment 2026

Bio Medica Laboratories is a pharmaceutical company established in 2015 and based in Indore, Madhya Pradesh. The company is engaged in manufacturing parenteral formulations such as liquid injectables and dry powder injections for both human and veterinary healthcare segments. It operates mainly on a B2B contract manufacturing model, supplying ethical drugs, generic medicines and OTC products to pharmaceutical companies across multiple Indian states. The company also has GMP and GLP certified manufacturing facilities with a growing presence in domestic and export markets.

Stock price

Bio Medica Laboratories is listed — here is the live share price.

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The verdict
Strong Apply
100 / 100 · 1 review
Read the reviews →
Grey market premium
₹2
+1% over ₹139 issue price
GMP history →
Subscribed
2.31×
Overall, across all categories
Fully subscribed Live subscription →
Minimum to apply
₹2,78,000
2 lots · 2000 shares at ₹139
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 13 September.

Key dates Listed
  1. Open 21 May 2026
  2. Close 25 May 2026
  3. Allotment 26 May 2026
  4. Refund/credit 27 May 2026
  5. Listing 29 May 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 21 to 25 May, 2026
Price Band ₹132 – ₹139
Face Value ₹10
Lot Size 1000 Shares
Issue Size ₹52 Cr
Sale Type Fresh capital cum OFS
Listing On NSE SME
Registrar Skyline Financial Services Private Limited
Min Investment ₹ 2,78,000
Reservation
QIB 1%
NII 48.98%
Retail 50.01%

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 1000 shares at the ₹139 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 ₹2
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 2 2,000 ₹2,78,000
Retail (max) 2 2,000 ₹2,78,000
HNI (min) 3 3,000 ₹4,17,000

Strengths & risks

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

Strengths · 5

  • 01Experienced promoters and management team with pharma industry knowledge.
  • 02Diversified portfolio of injectable pharmaceutical products for human and veterinary use.
  • 03Strong quality assurance systems supported by GMP-certified manufacturing facilities.
  • 04Established relationships with clients across multiple Indian states and healthcare markets.
  • 05Significant improvement in revenue, EBITDA margins, and profitability during recent financial years.

Risks · 5

  • 01High dependence on key customers may impact revenue if orders decline.
  • 02Any quality control failure could damage reputation and invite legal liabilities.
  • 03Failure to adopt new pharmaceutical technologies may affect future competitiveness.
  • 04Negative cash flow risks may create pressure on expansion and working capital needs.
  • 05The company operates from premises that are not fully owned, creating operational dependency risks.

Three years of numbers

All figures in ₹ crore, as reported in the Bio Medica Laboratories offer document.

Total income
28.63
15
38
29
31 Mar 202431 Mar 202530 Nov 2025
Profit after tax
8.66
3
10
9
31 Mar 202431 Mar 202530 Nov 2025
EBITDA
13.45
6
15
13
31 Mar 202431 Mar 202530 Nov 2025
Borrowing vs net worth
38.17 / 17.12
31 Mar 202431 Mar 202530 Nov 2025
Borrowing Net worth
Metric 30 Nov 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 65.17 39.12 19.53 17.57
Total Income 28.63 38.33 15.34 16.25
Profit After Tax 8.66 9.79 2.50 0.33
EBITDA 13.45 15.21 5.63 1.70
NET Worth 17.12 14.73 4.94 2.44
Reserves and Surplus 7.94 5.55 4.84 2.34
Total Borrowing 38.17 15.01 10.49 9.61

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 Bio Medica Laboratories RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
13.45
EPS (₹)
10.33
RoCE
48.20%
RoNW
99.59%
PAT Margin
25.64%

Bio Medica Laboratories IPO Valuation

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

Valuation Metric Post-Issue
EPS (₹) ₹10.33
P/E Ratio (x) 13.45
Market Cap at Offer Price (₹ Cr) ₹116.53

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 ₹139 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

₹47.19 Cr of the issue is earmarked to named objects.

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

About the company

Bio Medica Laboratories is an Indian pharmaceutical company engaged in the manufacturing and marketing of a wide range of healthcare and medicinal products. The company has built its presence in the pharmaceutical sector through quality-focused manufacturing practices and a diversified product portfolio catering to hospitals, clinics, and retail healthcare markets. Over the years, it has expanded its operations by focusing on customer relationships, product reliability, and compliance with industry standards.
The company operates on a business model centred around the development, production, and distribution of pharmaceutical formulations and healthcare solutions across multiple therapeutic segments. Its product offerings include tablets, capsules, syrups, injections, and other medical formulations supplied through distributors and healthcare networks. The business is promoted by experienced industry professionals who focus on expanding market reach, improving manufacturing capabilities, and strengthening the company’s position in the domestic pharmaceutical industry.

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

Promoters
Mukesh Mehta and Pradeep Mehta
Promoter holding
99.99 67.7%
Pre-issue → post-issue
Registered office
Plot No.11B-11C, Sector-E, Sanwer Road, Industrial Area, Industrial Estate, Indore, Madhya Pradesh, 452015
+91 7314102751

The bankers & the filings

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

Book-running lead manager
Narnolia Financial Services Ltd 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 +6.9%). 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
Bio Medica Laboratories
Email

Frequently asked

What is the GMP of Bio Medica Laboratories?

The current Grey Market Premium is ₹2, or 1% over the issue price.

What is the Bio Medica Laboratories IPO price band?

₹132 to ₹139, on a face value of ₹10.

When is the allotment?

The basis of allotment is 26 May 2026, with listing on 29 May 2026.

How do I check allotment status?

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

Bio Medica Laboratories 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.

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

GMP
₹2
Subscribed
2.31×
Min bid
₹2,78,000
Size my application