Speciality Medicines Ltd.
SMEBSE₹117–124
₹ 29 Cr
2000 Shares
₹ 2,34,000
₹10
Financial Summary
| Particulars | FY 2022-23 |
|---|---|
| 2,317.5 | |
| 2.4 | |
| 2,319.9 | |
| 1,958.5 | |
| 295.57 | |
| 169.61 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
20 Mar 2026
IPO Offer Ends
24 Mar 2026
30 Mar 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Setting up of Research and Development (R&D) Center | 126.764 |
| 2 | Product registration in the international markets and Product Development for sale | 29.925 |
| 3 | Funding for Marketing and Promotional Activities | 16.561 |
| 4 | To Meet Working Capital Requirements | 80 |
| 5 | General Corporate Purposes | 2.5 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
62.16%
Promoter stake
Post-IPO
43.43%
Promoter stake
Offered to Public
23,50,000
shares
Post Share Capital
38,15,500
shares
About the Company
Our company is engaged in marketing & distribution of finished formulations of Specialty pharmaceuticals - high-cost oral or injectable medications used to treat complex chronic conditions in Domestic as well as International Market. Having cultivated strong and dependable customer relationships in Specialty pharmaceuticals, we have, through our distributions, established good repo with our customers spreading across more than 20 states of India and more than 35 countries all over the worlds. Our mission is to enhance patient care by supplying high-quality, innovative medicines that address unmet medical needs. With a strong commitment to excellence, we aim to make a positive impact on the lives of patients worldwide.
Use of Proceeds
1. Setting up of Research and Development (R&D) Centre at Revenue City Survey No. RV1/NA/61/1/50, Moje: Manda, Tal. Umargam, Dist. Valsad, Gujarat; 2. Product Registration in International Markets and Product Development for sale in international markets. 3. Funding for Marketing and Promotional Activities. 4. To Meet Working Capital Requirements; and 5. General Corporate Purpose.
Speciality Medicines Ltd. Latest News
News
Speciality Medicines informs about e- voting results
Speciality Medicines gets regulatory approval for two new products in Ethiopia
With these approvals, the company's total registered product portfolio in the Ethiopian market stands at 12 formulations
Speciality Medicines informs about disclosure
Speciality Medicines coming with IPO to raise up to Rs 29.14 crore
The issue will open on March 20, 2026 and will close on March 24, 2026
IPO FAQs
The Speciality Medicines Ltd. IPO has a total of ₹29 crore, calculated at the upper end of the .
The Speciality Medicines Ltd. IPO is priced at ₹117–124 per share. bids must fall within this , against a of ₹10 per share.
The for the Speciality Medicines Ltd. IPO is 2,000 shares, which is also the minimum order quantity — you have to apply for at least 2,000 shares, and in multiples of 2,000 beyond that.
The minimum investment in the Speciality Medicines Ltd. IPO is about ₹2,34,000 — one lot of 2,000 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Speciality Medicines Ltd. opens on 20 Mar 2026 and closes on 24 Mar 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Speciality Medicines Ltd. shares were listed on 30 Mar 2026 on BSE.
Skyline Financial Services Pvt Ltd is the for the Speciality Medicines Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 91-011-26812682/84 and email admin@skylinerta.com.
Speciality Medicines Ltd. IPO shares are listed on BSE.
Each Speciality Medicines Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 62.16% of Speciality Medicines Ltd. before the IPO, which falls to 43.43% after the issue.
23,50,000 shares of Speciality Medicines Ltd. are being offered to the public in this issue.
The Speciality Medicines Ltd. IPO has been subscribed 2.19x overall — 96.24x, 1.77x and 0.85x.
figures update through the issue period until it closes.
- 1.Setting up of Research and Development (R&D) Centre at Revenue City Survey No. RV1/NA/61/1/50, Moje: Manda, Tal. Umargam, Dist. Valsad, Gujarat
- 2.Product Registration in International Markets and Product Development for sale in international markets
- 3.Funding for Marketing and Promotional Activities
- 4.To Meet Working Capital Requirements
- 5.General Corporate Purpose
Unistone Capital Pvt Ltd. is the book running lead manager for the Speciality Medicines Ltd. IPO.
Pre-apply means placing your Speciality Medicines Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Speciality Medicines Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Speciality Medicines Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.