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Symbiotec Pharmalab IPO

Symbiotec Pharmalab came to market through an IPO that opened on 24 August 2026 and closed on 27 August 2026, and the shares listed on 1 September 2026 on BSE, NSE. The price band was ₹938 to ₹988 per share and one lot was 15 shares, so the minimum application was ₹14,820. The issue size was ₹1757 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

It listed at ₹988, flat against the issue price of ₹988. MUFG Intime India Pvt.Ltd was the registrar to the issue, and JM Financial Ltd., Avendus Capital Pvt.Ltd., Motilal Oswal Investment Advisors Ltd., Nomura Financial Advisory & Securities (India) Pvt.Ltd were the lead managers.

Issue details

Issue type
Book Built Issue
Price band
₹938 to ₹988
Lot size
15 shares
Minimum investment
₹14,820
Face value
₹2 per share
Issue size
₹1757 crore
Fresh issue
15,21,261 shares (aggregating up to ₹150 crore)
Offer for sale
1,62,65,181 shares (aggregating up to ₹1607 crore)
Listing at
BSE, NSE
Registrar
MUFG Intime India Pvt.Ltd
Lead managers
JM Financial Ltd., Avendus Capital Pvt.Ltd., Motilal Oswal Investment Advisors Ltd., Nomura Financial Advisory & Securities (India) Pvt.Ltd

Timeline

Opens
24 August 2026
Closes
27 August 2026
Allotment
28 August 2026
Listing
1 September 2026

Subscription status by day

As of 27 August 2026.

Day
1
2
3
4
5

Overall the issue was subscribed 75.06 times.

Listing day and after

Issue price
₹988
Listing price
₹988
Listing gain
0%
Listed on
1 September 2026

About Symbiotec Pharmalab

Incorporated in 2002, Symbiotec Pharmalab Ltd. is a biopharmaceutical and bio technological company whose operations include development and manufacture of active pharmaceutical ingredients, nutritional ingredients and specialized products for domestic and international markets. The firm focuses on research-based manufacturing, quality and sustainability. It provides ingredients that contribute towards growth in pharmaceutical, nutraceutical and wellness industries.

Having over three decades of industry experience, the firm has grown from a laboratory-scale manufacturer of steroidal-hormone APIs in 1995 to an industrial scale backward-integration platform having approvals from the United States Food and Drug Administration (US FDA), European Union Good Manufacturing Practices (EU-GMP), Ministry of Food and Drug Safety, Korea among others.

By June 30, 2025, the firm had two industrial-scale API manufacturing plants with a maximum capacity of 584.67 metric tonnes (MT) of chemical synthesis and 300 kilolitres of fermentation capacity.

As described in the offer document.

Objects of the issue

  • Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
  • General corporate purposes

Strengths

  • Global leadership in corticosteroid and steroidal-hormone APIs: The company is recognized for its expertise and leadership in the production of corticosteroids and steroidal-hormones APIs. Its technical expertise allows it to maintain its presence in the world market of pharmaceutical ingredients.
  • Established customer base: Symbiotec Pharmalab has an established customer base both domestically and internationally. Its customer base has helped it maintain an established market presence and business prospects.
  • Fully invested vertical manufacturing platform: The company runs its own fully invested and vertical manufacturing platform that spans across multiple scales. Its vertically integrated manufacturing operations are backed up by sustainable and clean regulation history.

Risks

  • Regulatory and quality compliance risk: The manufacturing facilities of the company are subject to inspection by regulatory agencies and its customers. Failure at either manufacturing or quality control will have regulatory, reputational, and business impacts on the company.
  • Export market dependence: The firm earns a considerable percentage of income through foreign clients who have accounted for 66.67%, 55.19%, 59.97%, and 52.76% of the firm’s revenue from operations during the three months to June 30, 2025 and Fiscals 2025, 2024, and 2023, respectively. Failure to mitigate risks inherent to overseas sales may impact overseas income and performance.
  • Imported Raw Material Dependence: The business is dependent on imported raw material, which comes from countries such as China and the United States. Any adverse events in those countries and any changes in the laws that govern imports will hinder the supply of raw materials and negatively impact the business performance.

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-24

Listed peers

Symbiotec Pharmalab
RoNW 9.48%%
Concord Biotech
RoNW 14.00%%
Divi's Laboratories
RoNW 16.50%%
Cohance Lifesciences
RoNW 7.00%%
Laurus Labs
RoNW 16.80%%

Anchor investors

Shares
53,25,909

Symbiotec Pharmalab Limited finalised its anchor investor allocation on August 21, 2026, raising ₹526.20 crore from 34 anchor investors at an anchor price of ₹988 per share. The anchor book comprises 53,25,909 equity shares, with domestic mutual funds receiving 60.06% of the allocation through 11 fund houses across 19 schemes, including ICICI Prudential, HDFC, Motilal Oswal, Mirae Asset, and Edelweiss Mutual Fund, among others.

Life insurance companies received 7.98% through 3 participants — Tata AIA Life Insurance, Bajaj Life Insurance, and Bharti AXA Life Insurance. The remaining allocation went to a mix of foreign and domestic institutional investors, led by Ashoka Whiteoak ICAV – Ashoka Whiteoak Emerging Markets Equity Fund at 8.55%, followed by Prazim Trading and Investment Company Private Limited and Manulife Global Fund – India Equity Fund at 4.75% each, and ValueQuest Founders Conviction LVF at 1.90%

Promoters

Anil Satwani, Kashish Satwani, Sushil Satwani, Satwani Holdings LLP.

Application sizes

Retail (min)
1 lot, 15 shares, ₹14,820
Retail(max)
13 lots, 195 shares, ₹1,92,660
sHNI(min)
14 lots, 210 shares, ₹2,07,480
sHNI(max)
67 lots, 1005 shares, ₹9,92,940
bHNI(min)
68 lots, 1020 shares, ₹10,07,760

Valuation

EPS Pre IPO
₹17.82
EPS Post IPO
₹17.39
P/E Pre IPO
55.44
P/E Post IPO
56.81
ROE
11.19%
ROCE
11.56%
RoNW
9.48%
PAT Margin
12.60%
Price/Book
5.35
Market Cap
₹6,244.43 Cr

Registrar and allotment status

Registrar
MUFG Intime India Pvt.Ltd
Allotment status
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Phone
022-49186000
Email
symbiotecpharmalab.ipo@in.mpms.mufg.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Symbiotec Pharmalab IPO

What is Symbiotec Pharmalab IPO?

Symbiotec Pharmalab IPO was a ₹1,757 crore book-built issue, comprising a fresh issue of ₹150 crore and an offer for sale of ₹1,607 crore. It was priced at ₹938–₹988 per share with a lot size of 15 shares (₹14,820). The IPO was open from August 24 to August 27, 2026 and was subscribed 75.06x. Shares listed on BSE and NSE on September 1, 2026 at ₹988, in line with the issue price of ₹988. MUFG Intime India Pvt. Ltd.

is the registrar. JM Financial Ltd. and 3 other book running lead managers manage the issue.

What is the price band of Symbiotec Pharmalab IPO?

The price band of Symbiotec Pharmalab IPO is ₹938 to ₹988 per share.

What is the lot size of Symbiotec Pharmalab IPO?

The lot size of Symbiotec Pharmalab IPO is 15 shares.

What is the minimum investment for Symbiotec Pharmalab IPO?

The minimum investment for Symbiotec Pharmalab IPO is approximately ₹14,820 based on the upper price band.

What is the allotment date of Symbiotec Pharmalab IPO?

The allotment date of Symbiotec Pharmalab IPO is Aug 28, 2026.

What was the GMP of Symbiotec Pharmalab IPO before listing?

No GMP quote could be verified as recorded before Symbiotec Pharmalab IPO listed. A grey-market observation of ₹185 per share was recorded on 1 Sep 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹988. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has Symbiotec Pharmalab IPO share price performed since listing?

Symbiotec Pharmalab IPO listed on Sep 1, 2026. It was issued at ₹988.0(NSE) and is currently around ₹1244.00 as on 30-Oct-2026 3:30 PM, which is approximately 25.9% versus issue price. The 52-week high is ₹1,309.90.

How to check Symbiotec Pharmalab IPO allotment status?

You can check Symbiotec Pharmalab IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Symbiotec Pharmalab IPO allotment status on Rupix for quick and easy access.

What was the price band of the Symbiotec Pharmalab IPO?

₹938 to ₹988 per share, against a face value of ₹2. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Symbiotec Pharmalab IPO?

One lot was 15 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,820.

What was the minimum investment in the Symbiotec Pharmalab IPO?

₹14,820, for one lot of 15 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Symbiotec Pharmalab IPO open and close?

It opened on 24 August 2026 and closed on 27 August 2026.

When was the allotment of the Symbiotec Pharmalab IPO?

The basis of allotment was published on 28 August 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Symbiotec Pharmalab list on BSE, NSE?

The shares listed on 1 September 2026 on BSE, NSE, opening at ₹988.

How large was the Symbiotec Pharmalab IPO?

The issue size was ₹1757 crore. The fresh issue was 15,21,261 shares (aggregating up to ₹150 crore). The offer for sale was 1,62,65,181 shares (aggregating up to ₹1607 crore).

How did the Symbiotec Pharmalab IPO perform on listing?

It listed at ₹988 against an issue price of ₹988, a gain of 0 percent on listing day.