IPO IPO-Synopsis
Speciality Medicines Ltd

Back

Registered Office: 913 One World West S.No.396 FP,Village-Vejalpur , Ahmedabad - 380051 , Gujarat , India.
Phone : +91 22 4604 5344   Fax:
Email :  investors.grievances@specialitymedicaine.com  
Website :  www.specialitymedicine.com
Initial public issue of upto 23,50,000 equity shares of face value of Rs10/- each of Speciality Medicines Limited ("SML" or the "Company" or the "Issuer") for cash at a price of Rs124 per equity share including a share premium of Rs114 per equity share (the "Issue Price") aggregating to Rs29.14 Crores ("the Issue"), of which upto 1,50,000 equity shares of face value of Rs10/- each for cash at a price of Rs124 per equity share including a share premium of Rs114 per equity share aggregating to Rs1.86 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 22,00,000 to be updated equity shares of face value of Rs10/- each at a price of Rs124 per equity share including a share premium of Rs114 per equity share aggregating to Rs27.28 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.75% and 25.04%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each. Price Band: Rs124 per equity share of face value of Rs10 each. The floor price is 12.40 times of the face value. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Mar-26 24-Mar-26 Rs124.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 25.58
Unistone Capital Private Limited
Project Financed through Current Offer 29.14  
Post Issue Equity Share Capital 8.79  
Issue Price Rs124.00  
Projects
Setting up of Research & Development (R&D) CenterTo meet working capital requirements
Product Registration in International Markets and Product Development for sale in international marketsGeneral corporate purposes
Funding for Marketing and Promotional Activities
Promoted By
Parth Goyani
Sumit Goyani
Listing At
BSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt