WhatsApp
Call Us
K2m
ANGEL ONE
(₹20/Trade)
Open Account
MOTILAL OSWAL
Open Account
Stock Market Institue
Trial Class
Book Now


IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Open

Thu, May 21, 2026

IPO Close

Mon, May 25, 2026

Price Band

₹41 per share

Market Cap (Pre-IPO)

₹55.41 Cr

IPO Details

  • IPO Date
    21 to 25 May, 2026
  • Listing Date
    Fri, May 29, 2026T
  • Face Value
    ₹10 per share
  • Price Band
    ₹132 to ₹139
  • Lot Size
    1.000 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    NSE SME
  • Total Issue Size
    37,72,000 shares (agg. up to ₹52 Cr)
  • Reserved for Market Maker
    1,89,000 shares (agg. up to ₹3 Cr) Prabhat Financial Services Ltd.
  • Fresh Issue (Ex Market Maker)
    32,06,000 shares (agg. up to ₹45 Cr)
  • Offer for Sale
    3,77,000 shares of ₹10 (agg. up to ₹5 Cr)
  • Net Offered to Public
    35,83,000 shares (agg. up to ₹50 Cr)
  • Share Holding Pre Issue
    91,80,001 shares
  • Share Holding Post Issue
    1,25,75,001 shares

IPO Timetable (Tentative)

  • IPO Open
    Thu, May 21, 2026
  • Allotment
    Tue, May 26, 2026
  • Credit of Shares
    Wed, May 27, 2026
  • IPO Close
    Mon, May 25, 2026
  • Refund
    Wed, May 27, 2026
  • Listing
    Fri, May 29, 2026

Issue Reservation

Bio Medica Laboratories IPO comprises a total issue size of 37,72,000 shares. The net offer to the public is 35,83,000 shares, after excluding 1,89,000 shares allotted on a firm basis. Of the Net offer 36,000 (1.00%) are allocated to QIB, 17,55,000 (48.98%) allocated to NII 17,92,000 (50.01%) allocated to RII.

Investor Category Shares Offered % of Net Issue % of Total Issue
QIB Shares Offered 36,000 1.00% 0.95%
NII (HNI) Shares Offered 17,55,000 48.98% 46.53%
  − bNII > ₹10L 11,70,000 31.02%
  − sNII < ₹10L 5,85,000 15.51%
Retail Shares Offered 17,92,000 50.01% 47.51%
Firm Reservations
Market Maker Shares Offered 1,89,000 5.01%
Total Shares Offered 37,72,000 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,78,000
Individual investors (Retail) (Max) 2 2,000 ₹2,78,000
S-HNI (Min) 3 3,000 ₹4,17,000
S-HNI (Max) 7 7,000 ₹9,73,000
B-HNI (Min) 8 8,000 ₹11,12,000

IPO Subscription Details

About Bio Medica Laboratories Ltd.

Incorporated in August 2015, Bio Medica Laboratories specialises in manufacturing pharmaceutical parenteral formulations, producing a wide range of ethical drugs, generic drugs, and over-the-counter (OTC) medications in liquid and dry-powder injectable forms.der injectables. These injectables are available in both single-dose and multi-dose formats, serving the needs of both human and veterinary healthcare.

Product portfolio:

  • Liquid Injectables: 58 products are offered under this category
  • Dry powder injectables: 15 products under this category

It offers comprehensive range of products, including generic drugs, branded pharmaceuticals, over the counter (OTC) products, and other medications.

The company operates on a B2B model, focusing exclusively on contract manufacturing. It develop formulations for various companies in accordance with their specific requirements and product specifications. It is certified for Good Manufacturing Practices (GMP) and Good Laboratory Practices (GLP) certificate issued by the Food & Drugs Administration, Madhya Pradesh.

It has two manufacturing facilities in Indore, Madhya Pradesh.

Competitive Strengths

  • Multi-product capability and diversified product portfolio
  • Experienced promoters, management and employees.
  • Quality assurance
  • Established client relationship

Company Financials (Restated)

Period Ended 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
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Repayment of loan
    6.50
  • 2 Enhancement of its existing production capabilities by setting up of new manufacturing facility at the existing premises
    28.50
  • 3 General Corporate Purposes
  • Total
    35.00

Key Performance Indicator (KPI)

KPI Nov 30, 2025 Mar 31, 2025
ROE 54.41% 99.59%
ROCE 23.22% 48.20%
Debt/Equity 2.23 1.02
RoNW 54.41% 99.59%
PAT Margin 30.35% 25.64%
EBITDA Margin 47.11% 39.83%
Price to Book Value 8.66
Check IPO Peer Comparison here.
Pre IPO Post IPO
EPS (₹) 10.67 10.33
P/E (x) 13.03 13.45
Promoter Holding 99.99%
Market Cap ₹174.79 Cr.
Mr. Mukesh Mehta and Mr. Pradeep Mehta are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of November 30, 2025 available in RHP.

IPO Review

[Dilip Davda]

BMLL is engaged in the manufacturing and trading of pharma products in B2B segment. Most of its business comes from contract manufacturing of pharma products. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Only well-informed/cash surplus/risk seekers may park moderate funds for medium term.

Read detail review…

Bio Medica Laboratories IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 1 0 0 0
Members 0 0 0 0

IPO Subscription Status

The Bio Medica Laboratories IPO is subscribed 2.20 times on May 25, 2026 3:29:59 PM (Day 3). The public issue subscribed 2.82 times in the individual investors category, 15.94 times in the QIB category, and 1.30 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for Total Applications
QIB (Ex Anchor) 15.94 36,000 5,74,000 6
NII* 1.30 17,55,000 22,74,000 0
    bNII (> ₹10L) 0.86 11,70,000 10,04,000
    sNII (< ₹10L) 2.17 5,85,000 12,70,000
Individual Investor 2.82 17,92,000 50,46,000 2,523
Total 2.20 35,83,000 78,94,000 2,982

Total Applications: 2,982

*Market Maker portion is not included to NII/HNI.

IPO Registrar

Skyline Financial Services Pvt.Ltd.

IPO Lead Manager(s)

  1. Narnolia Financial Services Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Bio Medica Laboratories Ltd. Address
Plot No. 11B-11C,
Sector-E, Sanwer Road
Industrial Area, Industrial Estate (Indore),
Indore, Madhya Pradesh, 452015

IPO FAQs

Bio Medica Laboratories IPO is a SME IPO of 37,72,000 equity shares of the face value of ₹10 aggregating up to ₹52 Crores. The issue is priced at ₹132 to ₹139. The minimum order quantity is 1000.

The IPO opens on Thu, May 21, 2026, and closes on Mon, May 25, 2026.

Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in Bio Medica Laboratories IPO using UPI as a payment gateway. Angel One customers can apply in Bio Medica Laboratories IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Bio Medica Laboratories IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Bio Medica Laboratories IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Bio Medica Laboratories IPO opens on Thu, May 21, 2026 and closes on Mon, May 25, 2026.

Bio Medica Laboratories IPO lot size is 1000, and the minimum amount required for application is ₹2,78,000, with 2 lots being the minimum application size.

You can apply in Bio Medica Laboratories IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One , Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Bio Medica Laboratories IPO will be done on Tuesday, May 26, 2026, and the allotted shares will be credited to your demat account by Wed, May 27, 2026. Check the Bio Medica Laboratories IPO allotment status.

The Bio Medica Laboratories IPO listing date is not yet announced. The tentative date of listing is Fri, May 29, 2026.

Stock Broker Reviews India

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.