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News for India > Business > Symbiotec Pharmalab IPO: Price band set at ₹938-988 per share; check key dates, issue details | Stock Market News
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Symbiotec Pharmalab IPO: Price band set at ₹938-988 per share; check key dates, issue details | Stock Market News

Last updated: August 19, 2026 9:17 am
3 hours ago
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Symbiotec Pharmalab IPO detailsCompany details

Symbiotec Pharmalab IPO price band: The Symbiotec Pharmalab Limited IPO price band has been fixed in the range of ₹938 to ₹999 per equity share of the face value of ₹2. The Symbiotec Pharmalab IPO date of subscription is scheduled for Monday, 24 August and will close on Thursday, 27 August. The allocation to anchor investors for the Symbiotec Pharmalab IPO is scheduled to take place on Friday, 21 August.

The Symbiotec Pharmalab IPO lot size is 15 equity shares and in multiples of 15 equity shares thereafter.

Symbiotec Pharmalab IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.

Eligible employees will also receive a ₹90-per-share discount on bids made under the employee reservation portion of the IPO.

Tentatively, Symbiotec Pharmalab IPO basis of allotment of shares will be finalised on Friday, 28 August and the company will initiate refunds on Monday, 31 August, while the shares will be credited to the demat account of allottees on the same day following refund. Symbiotec Pharmalab share price is likely to be listed on BSE and NSE on Tuesday, 1 September.

Also Read | HY Tech Engineers IPO price band fixed at ₹50- ₹53 per share. Details here

Symbiotec Pharmalab IPO details

Pharmaceutical and biotechnology company Symbiotec Pharmalab, backed by Rosewood Investments and Motilal Oswal, is planning an IPO comprising a fresh issue of ₹150 crore and an offer-for-sale (OFS) of shares worth up to ₹1,607 crore by existing shareholders.

Promoter Satwani Holdings, along with investors Rosewood Investments and India Business Excellence Fund-III, will participate in the OFS. The company is expected to command a post-issue market capitalisation of ₹6,348.5 crore at the upper end of the price band.

Of the fresh issue proceeds, ₹112.5 crore will be used for the partial repayment of debt, while the remaining funds will be allocated towards general corporate purposes. The proceeds from the OFS will accrue to the respective selling shareholders.

JM Financial, Avendus Capital, Motilal Oswal Investment Advisors and Nomura Financial have been appointed as the book-running lead managers for the IPO, while MUFG Intime India Pvt. Ltd. is acting as the registrar to the issue.

Also Read | Shiprocket IPO listing date today. GMP, experts hint up to 38% listing gain

Company details

Founded in 2002, Symbiotec Pharmalab operates in the biopharmaceutical and biotechnology sector, developing and manufacturing active pharmaceutical ingredients (APIs), nutritional ingredients and specialised products for domestic and international markets.

The company traces its origins to laboratory-scale manufacturing of steroidal hormone APIs in 1995 and has since evolved into an industrial-scale, backward-integrated manufacturing platform serving the pharmaceutical, nutraceutical and wellness industries.

Research-led manufacturing, quality standards and sustainability are central to its business strategy. Its manufacturing facilities have received approvals and certifications from international regulatory authorities, including the US FDA, EU-GMP authorities and South Korea’s Ministry of Food and Drug Safety.

As of 30 June 2025, Symbiotec Pharmalab operated two industrial-scale API manufacturing facilities with a combined maximum capacity of 584.67 metric tonnes (MT) for chemical synthesis and 300 kilolitres of fermentation.

Its backward integration, specialised API capabilities and international regulatory approvals provide the company with an established presence in a segment where manufacturing quality and regulatory compliance are key differentiators.

Also Read | Gaja Capital IPO Day 1: GMP hints 19% listing pop. Apply or skip?

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.



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TAGGED:anchor investorsequity sharesIPO dateIPO date of subscriptionIPO price bandPublic issueQualified Institutional BuyersSymbiotec Pharmalab IPO
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