M

Molbio Diagnostics Ltd.

BSE
ListedListed on 17 Aug 2026+21.4%

₹768–807

₹ 658 Cr

18 Shares

₹ 13,824

₹1

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
14,456.8710,204.18
94.8375.18
14,551.710,279.36
11,242.447,581.95
2,311.371,944.28
1,641.41,385.79

Subscription Details

70.26xTotal
Subscription
12.96x
49.80x
186.39x
13.28x

IPO Timeline

IPO Offer Start

10 Aug 2026

IPO Offer Ends

12 Aug 2026

17 Aug 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding capital expenditure towards the setting up of infrastructure for our research and1,251.21
2Funding capital expenditure towards the purchase of certain plant, machinery and other808.05

Promoters

Sriram NatarajanChandrasekhar Bhaskaran NairSangeetha SriramShiva SriramSowmya SriramExxora Trading LLP

Book Running Lead Managers

Kotak Mahindra Capital Co LtdIIFL Capital Services Ltd.Jefferies India Pvt Ltd.Motilal Oswal Investment Advisors Pvt Ltd

Promoter Shareholding

Pre-IPO

44.89%

Promoter stake

Post-IPO

41.29%

Promoter stake

Offered to Public

81,58,529

shares

Post Share Capital

4,75,82,801

shares

About the Company

We are an innovative point-of-care (“POC”) diagnostics company focused on expanding access to accurate, rapidand cost-effective healthcare technologies to diagnose infectious and non-communicable diseases. We havedeveloped our ‘Truenat’ platform, which is a novel POC polymerase chain reaction (“PCR”) platform that canoperate in resource limited settings since its battery operated, facilitating decentralized diagnosis within an hour.As of March 31, 2025, Truenat is patented in more than 100 countries for the diagnosis of multiple infectious andnon-communicable diseases. As of March 31, 2025, we offer molecular testing for 30 diseases, includingtuberculosis (“TB”), COVID, Hepatitis B and C, Human immunodeficiency virus (“HIV”), and HumanPapillomavirus (“HPV”) with 42 assays. We operate in an oligopolistic market with high entry barriers, evidencedby the fact that our platform underwent 13 years of R&D to obtain Indian Council of Medical Research (“ICMR”)certification and our ‘Truenat’ test chip for diagnosing TB is the only one by an Indian company and one of theonly two rapid molecular tests in the world, which has been endorsed by the World Health Organization (“WHO”)for initial diagnosis of TB and rifampicin resistance detection using molecular diagnostic technology. (Source:1Lattice Report). We also provide devices, enabling radiology, digital pathology and breast health screening,through our Subsidiary, Prognosys, Associate, OptraScan and collaboration partner - UE Lifesciences. Further, weare focussed towards building a pipeline of additional products and platforms that are currently at various stagesof development.

Use of Proceeds

1. Funding capital expenditure towards the setting up of infrastructure for a research and development facility and Center of Excellence which will be operated by our wholly-owned Subsidiary, Bigtec and connected office space for our Company, Subsidiaries and Associate,2. Funding capital expenditure towards the purchase of certain plant, machinery and other equipment for Goa Unit I, Goa Unit II and Visakhapatnam Unit, and3. General corporate purposes