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Allotment

Speciality Medicines Limited

The Speciality Medicines IPO is a book-built issue worth ₹29.14 crore. The entire issue consists of a fresh issue of 24 lakh (0.24 crore) equity shares.

The IPO will open for subscription on March 20, 2026, and close on March 24, 2026. The allotment is expected to be finalized on March 25, 2026, with a tentative listing on the BSE SME platform scheduled for March 30, 2026.

The price band for the IPO has been set at ₹117 to ₹124 per share. The lot size is 1,000 shares.

Retail Investors: Minimum application is 2 lots (2,000 shares), amounting to ₹2,48,000 at the upper price band.

HNI Investors: Minimum application is 3 lots (3,000 shares), amounting to ₹3,72,000.

Unicon Capital Services Pvt. Ltd. is the book-running lead manager, while Skyline Financial Services Pvt. Ltd. is the registrar to the issue.

Speciality Medicines Limited IPO & Charts
₹124

0%

Open

₹124

HIgh - Low

₹124

Previous Close

₹124

Total Traded Value

0

52 Weeks High

₹124

52 Weeks Low

₹124

Updates On

March 16, 2026

IPO. Open

Mar 20, 2026

IPO. Close

Mar 24, 2026

IPO. Price

₹124.00

IPO Market price

₹108.94 Cr

IPO Details

IPO Date 30 Mar
IPO Listing Date 30 Mar
IPO Face Value ₹10.00 per share
IPO Price Range ₹124.00
IPO Issue Size 23,50,000 shares
IPO Sale Type Fresh capital only
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing BSE SME Platform
Share Holding Pre Issue 64,35,796 shares

IPO Timeline

IPO Open Date 20 Mar
IPO Close Date 24 Mar
IPO Allotment (Tentative) 25 Mar
Refunds 27 Mar
Credit to Demat Account 27 Mar
IPO Listing Date 30 Mar

IPO Reservation

Category Offer
QIB Shares Offered 21,000 Shares
NII (HNI) Shares Offered 10,89,000 Shares
Retail Shares Offered 10,90,000 Shares

IPO Lot Size

Investors can apply for a minimum of 2,000 shares, and bids must be placed in multiples of 1,000 shares thereafter.

Application Lots Share Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,48,000
Individual investors (Retail) (Max) 2 2,000 ₹2,48,000
S-HNI (Min) 3 3,000 ₹3,72,000
S-HNI (Max) 8 8,000 ₹9,92,000
B-HNI (Min) 9 9,000 ₹11,16,000
About Company

Incorporated in 2021, Speciality Medicines Limited is engaged in the marketing and distribution of speciality pharmaceutical formulations. The company focuses on high-value oral and injectable medications used in the treatment of complex chronic conditions, catering to both domestic and international markets.

Its product portfolio includes a diverse range of finished formulations available in multiple dosage forms, such as tablets, capsules, creams, syrups, eye drops, gels, infusions, inhalers, injections, nasal sprays, ointments, ophthalmic solutions, oral solutions, sachets, and suspensions.

The company operates through two primary business models:

Contract manufacturing of finished formulations for international markets

Marketing and distribution of sourced speciality pharmaceutical products

Speciality Medicines Limited has established an international presence, with products either registered or under registration in countries such as Jordan, Ethiopia, Uganda, Peru, and Namibia. Domestically, it has built a strong distribution network across more than 20 states in India, while also maintaining a global footprint spanning over 35 countries.

As of March 31, 2025, the company had 1 product registered overseas and 60 products under registration across 5 countries, contributing to its revenue pipeline.

As of August 31, 2025, the company employed 18 permanent staff members across various functions.

-

Company Financials (Consolidated)

Assets 26.44 23.43 13.26
Total Income 8.37 27.66 23.26
Profit After Tax 2.3 4.55 1.69
EBITDA - - -
Net Worth 19.23 16.61 5.87
Reserves and Surplus 14.08 11.5 2.05
Total Borrowing 2.53 2.86 3.64

Key Performance Indicator (KPI)

ROE 40.44%
ROCE 34.95%
Debt/Equity 0.17
RoNW 27.36%
PAT Margin 16.52%
EBITDA Margin -
Price to book value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 12
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

Speciality Medicines Ltd. Address
913, One World West, S. No. 396, FP 119,
Village- Vejalpur, Ahmadabad City,
Ahmedabad, Gujarat, India,
Ahmedabad, Gujarat, 380051
+91 22 4604 5344
investors.grievances@specialitymedicine.com
https://www.specialitymedicine.com/

Detail Registrar

IPO Registrar
Skyline Financial Services Pvt.Ltd.

02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php

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