IPO - Initial Public Offerings

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SPECIALITY MEDICINES LTD IPO.

20 Mar, 10:00 AM

Issue Open

24 Mar, 05:00 PM

Issue Close

1000

Lot Size

₹ 117.00 – ₹ 124.00

Price Range

IPO Issue Details

Issue size 29.00 Cr
Market Price 124.00
Registrar Skyline Financial Services Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at BSE

About

SPECIALITY MEDICINES LTD IPO.
Incorporated in 2021, Speciality Medicines Limited is engaged in the marketing and distribution of finished formulations of speciality pharmaceuticals — including high-cost oral and injectable medications used to treat complex chronic conditions — across both domestic and international markets. The company’s portfolio includes a wide range of speciality pharmaceutical finished formulations products, which are available in various 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 via two models: (a) contract manufacturing of finished formulations for international distribution, and (b) marketing and distribution of sourced specialty pharmaceutical products. The company has expanded internationally with registered or pending products in countries like Jordan, Ethiopia, Uganda, Peru, and Namibia. Its distribution network builds strong relationships across over 20 states in India and more than 35 countries worldwide world. As of March 31, 2025, the company has 1 product registered overseas and 60 products in the registration process across 5 countries, generating revenue. As of August 31, 2025, the company had a total of 18 permanent employees across various departments.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2000 ₹ 2,48,000.00
Retail (Max) 2 2000 ₹ 2,48,000.00
S-HNI (Min) 3 3000 ₹ 3,72,000.00
S-HNI (Max) 8 8000 ₹ 9,92,000.00
B-HNI (Min) 9 9000 ₹ 11,16,000.00

IPO TimeLine

Open Date 20-Mar-2026
Close Date 24-Mar-2026
Basis of Allotment Date 25-Mar-2026
Initiation of Refunds 27-Mar-2026
Credit Shares to Demat A/c 27-Mar-2026
IPO Listing Date 30-Mar-2026