Bio Medica Laboratories Ltd. logo

Bio Medica Laboratories was incorporated on August 14, 2015. The company manufactures pharmaceutical injectable formulations for human and veterinary use, operating on a B2B contract manufacturing model. Its portfolio includes liquid and dry powder injections produced under GMP and GLP-certified facilities equipped with advanced quality testing infrastructure

Bidding Dates
21 May 2026 - 25 May 2026
Subscription
2.19x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹2,64,0002210003.8 M₹132 - ₹13967.7 %₹497.9 M - ₹524.3 MRHP DOC

Bio Medica Laboratories IPO SUBSCRIPTION STATUS

25 May '26
Total2.19x
Retail Individual Investor3.96x
HNI (NII) Investors4.37x
Qualified Institutional Buyers0.3x

Bio Medica Laboratories IPO overall subscription rate was 2.19 times the total available shares

Bio Medica Laboratories IPO retail subscription rate was 3.96 times in the retail segment

Bio Medica Laboratories IPO non-institutional investor subscription rate was 4.37 times in the non-institutional investor category

Bio Medica Laboratories IPO Qualified Institutional Bidder subscription rate was 0.3 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
25 May 2026
(Day 3)
3.96x4.37x0.3x
22 May 2026
(Day 2)
1.92x1.19x0.3x
21 May 2026
(Day 1)
1.48x0.09x0.3x

Bio Medica Laboratories FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
8MFY26 28.5 8.7 -5.8 -6.9 47.1%
FY25 38.2 9.8 -3.7 -3.7 39.8%
FY24 15.2 2.5 1.6 0.1 36.9%
FY23 1.0 0.1 0.1 -1.7 10.5%

Note: FY23, FY24, & FY25 financials are standalone basis

Bio Medica Laboratories IPO SUBSCRIPTION STATUS DETAILS

Bio Medica Laboratories had 3.8 M shares on offer

Bio Medica Laboratories IPO offer price was in the range ₹132 - ₹139

Bio Medica Laboratories IPO minimum Investment was264000

Bio Medica Laboratories IPO issue size was ₹ 497.9 M - ₹ 524.3 M

Bio Medica Laboratories had a minimum lot size of 1000 Shares per application

Bio Medica Laboratories NUMBER OF SHARES ON OFFER

Total3.8 M
Fresh Issue3.4 M
Offer for Sale377.0 K
Post Issue Promoter Holding %67.7 %

Bio Medica Laboratories IPO IMPORTANT DATES

Issue Open Date21 May 2026
Issue close Date25 May 2026
Allotment Date26 May 2026
Refund Date27 May 2026
Demat Account Credit Date27 May 2026
Listing Date29 May 2026
Listing on Exchange(s)NSE
Bio Medica Laboratories Allotment StatusExchange/ Registrar

Bio Medica Laboratories IPO subscription opened on 21 May 2026, and closed on 25 May 2026

IPO allotment for Bio Medica Laboratories was finalized on Tuesday, 26 May 2026

IPO listing for Bio Medica Laboratories was on NSE on Friday, 29 May 2026

Bio Medica Laboratories IPO LISTING GAINS

Issue Price (adjusted)139.0
Listing Open Price111.2
Listing Close Price115.8
Listing Gain%-20.0%
Current Gain%3.9%

Bio Medica Laboratories Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Bio Medica Laboratories Ltd.144.4181.511.14.244.816.243.111.912.9
Sun Pharmaceutical Industries Ltd.1930463071.738.32.37.713.710.660433.810.811479.4550.416.6
Divi's Laboratories Ltd.8477225037.776.92.92015.312.81106714256817.2110.226.8
Torrent Pharmaceuticals Ltd.4833183831.884.39.411.725.84.913886.220.32163.413.257.38.9
Cipla Ltd.1450117138.734.8-0.94.111.39.129044.62.23879.2-26.441.7-37.5
Zydus Lifesciences Ltd.1135.2114227.725.3-16.3418.69.627657.917.6504011.444.9-1.6

Bio Medica Laboratories INFORMATION ON IPO ISSUE

About Bio Medica Laboratories

Bio Medica Laboratories was incorporated on August 14, 2015. The company manufactures pharmaceutical injectable formulations for human and veterinary use, operating on a B2B contract manufacturing model. Its portfolio includes liquid and dry powder injections produced under GMP and GLP-certified facilities equipped with advanced quality testing infrastructure

Object of the Issue

  • To meet out the repayment of loan
  • Enhancement of its existing production capabilities by setting up of new manufacturing facility at the existing premises
  • To meet out the general corporate purposes

Bio Medica Laboratories - PROMOTERS

Name
Pradeep Mehta
Mukesh Mehta

Bio Medica Laboratories - MANAGEMENT & LEADERSHIP

NameDesignation
Pradeep MehtaManaging Director
Mukesh MehtaWhole Time Director
Surabhi MahajanDirector
Divya KhandelwalIndependent Director
Sumeet BansalIndependent Director

Bio Medica Laboratories Book Running Lead Manager

Narnolia Financial Services Limited

ipo@narnolia.com

Bio Medica Laboratories Registrar to the issue

Skyline Financial Services Private Limited

ipo@skylinerta.com

Bio Medica Laboratories Strengths

Quality standards

The company follows strict quality assurance processes supported by GLP and GMP certifications. Its in-house quality control team conducts regular testing of raw materials and finished products to ensure compliance with regulatory and quality standards

Strength

Diverse portfolio

The company manufactures a wide range of generic drugs, branded pharmaceuticals, and OTC products. Its flexible manufacturing setup supports multiple formulations and helps cater to changing market demands

Strength

Employee stability

The company maintains a low employee attrition rate, reflecting workforce stability and retention. Its focus on employee development and career growth supports operational continuity and long-term business growth

Strength

Bio Medica Laboratories Risks

Client concentration

The company depends on a limited number of clients for a significant share of revenue. Loss of any key client or unfavorable contract terms could adversely affect business performance and financial results

Risk

Regulatory suspension

Operations at one manufacturing unit were suspended due to regulatory non-compliances. Continued restrictions or cancellation of the license could disrupt production, increase operational pressure on other facilities, and impact overall business performance

Risk

Transport dependence

The company relies heavily on third-party transport providers for raw material supply and product delivery. Delays, damages, rising freight costs, or transport disruptions could negatively affect operations, customer relationships, and profitability

Risk

IPO FAQs

  • This IPO consists of an offer for sale of up to Rs 5.2 crore, of 377,000 shares. It also consists of a fresh issue of Rs 47.2 crore.

  • The promoters of the company are Pradeep Mehta and Mukesh Mehta.

  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

  • The price band of the IPO is Rs 132.0 - 139.0.

  • The IPO application opens on May 21, 2026 and closes on May 25, 2026.

  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.

  • For all category investors, the minimum application amount for this IPO is Rs. 264,000.0, the maximum value for this IPO is Rs 278,000.0.

  • This IPO will be allotted on May 26, 2026.

  • The refund will be credited to your account on May 27, 2026.

  • The allotted shares will be credited to your demat on May 27, 2026.

  • Bio Medica Laboratories Ltd.’s shares listed on the stock exchanges on May 29, 2026.