Bio Medica Laboratories IPO

Listed SME
Min Investment
₹2,78,000
2000 Shares
Min Investment
₹2,78,000 · 2000 Shares
Open May 21
Close May 25
Allotment May 26
Refund May 27
Listing May 29
Price Band ₹132–139
Lot Size 2000 shares
Issue Size ₹52 Cr
Listed At ₹111.20 -20%
Subscribed 2.31×
Listed On NSE SME
Listing Price
₹111.20 (-20.00%)
vs issue price
Current Price (NSE)
₹156.55 (+12.63%)
as of 01 Oct, 3:29 pm IST

Market Sentiment

Grey Market Premium What is GMP?
₹-6
-4.3%
Est. Listing: ₹133
Updated: May 28, 2026 8:35 pm
Subscription Status
QIB
15.94x
NII
1.41x
bNII (>10L)
1.02x
sNII (2-10L)
2.19x
Retail
2.92x
Total
2.31x
Updated: May 25, 2026 4:58 pm IST
Analysis Score 37 / 100
Weak Signals
Data: 80%
GMP Score 38
Subscription Score 18
Financial Health 76
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹132–139 per equity share
Face Value₹10 Per Equity Share
Lot Size 2000 shares (Min 2 lots · ₹2,78,000)
Total Issue Size ₹52.43 crore
Fresh Issue₹47.19 crore
Offer For Sale₹5.24 crore
Issue TypeBook build Issue
Lead Manager Narnolia Financial Services Ltd.
Registrar Skyline Financial Services Pvt.Ltd.
Listing atNSE SME
NSE SymbolBMLL
ISININE1BKA01015
Listing Price₹111.20
Listing Gain-20.00%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,000 ₹2,78,000
Retail Maximum 2 2,000 ₹2,78,000
S-HNI Minimum 3 3,000 ₹4,17,000
S-HNI Maximum 7 7,000 ₹9,73,000
B-HNI Minimum 8 8,000 ₹11,12,000
Budget to Lots Calculator ▼
₹

IPO Reservation

Category Shares Offered Shares %
QIB36,00050.00%
NII (HNI)17,55,00015.00%
bNII > ₹10L11,70,00010.00%
sNII < ₹10L5,85,0005.00%
Retail17,92,00035.00%
Total35,83,000

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3 Day 5
QIB 15.94x 15.94x 15.94x 15.94x
NII 0.03x 0.38x 0.38x 1.41x
bNII > ₹10L 0.01x 0.35x 0.35x 1.02x
sNII 2-10L 0.06x 0.46x 0.46x 2.19x
Retail 1.09x 1.42x 1.42x 2.92x
Total 0.68x 1.00x 1.00x 2.31x

Financial Analysis

Financial Data
ROE
99.59%
ROCE
48.20%
Debt/Equity
1.02
NAV/Share
₹16.05
Revenue Growth
149.87%
Profit Margin
25.54%
Financial Performance
Metric 2023 2024 2025 Nov 2025
Revenue 16.25 15.34 38.33 28.63
Expense 15.80 11.69 25.18 16.95
Profit (PAT) 0.33 2.50 9.79 8.66
Total Assets 17.57 19.53 39.12 65.17
Values in Crores (₹)
Peer Comparison
Company EPS P/E
Zenotech Laboratories Limited 0.92 -
Shukra Pharmaceuticals Limited 0.22 47.57
Promoters & Holding Pattern

Promoters: Mr. Mukesh Mehta and Mr. Pradeep Mehta

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 91,80,001 99.99%

Strengths & Risks

Strengths
  • Strong institutional (QIB) demand — 15.9x.
  • Revenue grew 150% in the latest reported year.
  • Solid profit margin — 25.5%.
  • Strong return on equity — 100%.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns
  • Elevated leverage — debt/equity of 1.02.
  • Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Bio Medica Laboratories

Bio Medica Laboratories is one of the leading manufacturers of parenteral medicines (injectable products) in India. The firm has been involved in developing a wide range of parenteral medicines targeting both human and animal needs. They manufacture generic medicines in the form of Liquid injections and dry powder injections, which come in various forms of packaging like ampoules and vials.

Company Contact Information

Bio Medica Laboratories Ltd., Plot No. 11B-11C, Sector-E, Sanwer Road, Industrial Area, Industrial Estate (Indore),, Indore, Madhya Pradesh, 452015

Objects of the Issue
Purpose Amount (Cr)
Repayment of Loan 7.25
Enhancement of its existing production capabilities by setting up of new manufacturing facility at the existing premises 24.81
General Corporate Purpose -

Resources & Documents

Bio Medica Laboratories IPO — Quick Take

Bio Medica Laboratories has set a price band of Rs 132–Rs 139 per share for an issue size of Rs 52 crore. The stock listed with a 20.00% discount versus its issue price on May 29, 2026.

Bio Medica Laboratories is one of the leading manufacturers of parenteral medicines (injectable products) in India. The firm has been involved in developing a wide range of parenteral medicines targeting both human and animal needs.

The issue is promoted by Mr. Mukesh Mehta and Mr. Pradeep Mehta with Narnolia Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment of Loan (Rs 7 crore) and Enhancement of its existing production capabilities by setting up of new manufacturing facility at the existing premises (Rs 25 crore).

On fundamentals, the company is posting revenue growth of 149.9%, a profit margin of 25.5%, return on equity of 99.6% in its most recent reported period. Listed peers in this segment include Shukra Pharmaceuticals Limited (P/E 47.57x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Bio Medica Laboratories IPO is Rs 132 to Rs 139 per share. Face value is Rs 10 per share.

The total issue size of Bio Medica Laboratories IPO is Rs 52 crore, comprising fresh issue of Rs 47 crore and offer for sale (OFS) of Rs 5 crore.

Retail investors must apply for a minimum of 1 lot of 2000 shares, requiring an investment of Rs 2,78,000.

Bio Medica Laboratories IPO opens for subscription on May 21, 2026 and closes on May 25, 2026.

The expected allotment date for Bio Medica Laboratories IPO is May 26, 2026. Refunds for unsuccessful applicants are expected on May 27, 2026.

Bio Medica Laboratories IPO is scheduled to list on May 29, 2026 on NSE. NSE symbol: BMLL, ISIN: INE1BKA01015.

The current GMP (Grey Market Premium) of Bio Medica Laboratories IPO is Rs -6 (-4.3% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Bio Medica Laboratories IPO is currently subscribed 2.31 times overall — retail at 2.92x, QIB at 15.94x, NII at 1.41x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 2.92x for Bio Medica Laboratories IPO, the estimated retail allotment probability is approximately 39.0%. This is a moderate probability of allotment.

The registrar for Bio Medica Laboratories IPO is Skyline Financial Services Pvt.Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Bio Medica Laboratories IPO are Narnolia Financial Services Ltd..

The promoter(s) of Bio Medica Laboratories are Mr. Mukesh Mehta and Mr. Pradeep Mehta.

Bio Medica Laboratories IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.

See the full Bio Medica Laboratories GMP history and trend, or learn how grey market premium works and how reliable it is.

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