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Speciality Medicines Ltd. IPO Details – Price, Date, GMP & Analysis
Open
SME
Price Range:
Rs.117.00 to 124.00
Issue Size:
Rs.29.14 Cr
Lot Size:
1000 shares
Open Date:
March 20
Speciality Medicines Ltd. IPO Overview
Bidding Dates
March 20 - March 24
Min Investment
₹117,000
Price Range
₹117.00 to 124.00
Issue Size
₹29.14 Cr
IPO DRHP Doc
Not Available
Company Overview
Incorporated in 2021, Speciality Medicines Limited markets and distributes specialty pharmaceuticals, including high-cost medications for chronic conditions, in India and internationally. The company offers over 650 products, focusing on various therapeutic areas, and includes human and animal medicines, vaccines, and plasma products sourced from compliant manufacturers. As of July 31, 2024, it employs 20 permanent staff across departments.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 0.95% | Partially Subscribed |
| NII (Non-Institutional Investors/HNI) | 49.50% | Oversubscribed |
| RII (Retail Individual Investors) | 49.55% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
No Premium
Est. Listing:
Rs.124
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- Dependence on third-party manufacturers for product supply.
- High reliance on a few key customers for revenue.
- Strict quality requirements may lead to order cancellations.
- Ongoing legal proceedings involving a promoter.
- Exposure to supply disruptions and price volatility.
IPO Details
IPO Reservation
Share Reservation Distribution
Retail
1,090,000 shares (46.38%)
HNI (NII)
1,089,000 shares (46.34%)
bNII (>₹10L)
726,000 shares (30.89%)
sNII (<₹10L)
363,000 shares (15.45%)
Market Maker
150,000 shares (6.38%)
QIB
21,000 shares (0.89%)
Key Dates
Open Date:March 20
Close Date:March 24
Listing Date:TBA
