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Symbiotec Pharmalab IPOLISTED

NSE, BSEMainboardBook Built Issue

Symbiotec Pharmalab Ltd. is a pharmaceutical and biotechnology company engaged in manufacturing APIs, nutritional ingredients, and specialty products.

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Listing price

₹988

Listing gain

+0.00%

Current

₹988

Listed

01 Sept 26

Opens

24 Aug 26

Closes

27 Aug 26

Allotment

28 Aug 26

Refund

31 Aug 26

Demat

31 Aug 26

Listing

01 Sept 26

Listed at

₹988

+0.00% on 01 Sept 26

Min. investment₹14,820
GMP₹240 · +24.3%
Subscribed75.06x
Track in the app

Overview

Price band

₹938-988

Lot size

15 shares

Min. investment

₹14,820

Issue size

₹1757.00 Cr

1.78 Cr shares

Fresh issue

₹150 Cr

15.21 L shares

Offer for sale

₹1,607 Cr

1.63 Cr shares

Face value

₹2 / share

Issue type

Book Built Issue

Listing at

NSE, BSE

Employee discount

₹90

Reservation

Anchor Investor 29.94%QIB 19.96%B-HNI 9.98%S-HNI 4.99%Individual 34.93%Employee 0.19%
CategoryShares offered% of issue
Anchor Investor53,25,90929.94%
QIB35,50,60819.96%
NII (HNI)26,62,95514.97%
B-HNI17,75,3039.98%
S-HNI8,87,6524.99%
Individual62,13,56234.93%
Employee33,4080.19%
Total1,77,86,44299.99%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)115₹14,820
Retail (Max)13195₹1,92,660
S-HNI (Min)14210₹2,07,480
S-HNI (Max)671,005₹9,92,940
B-HNI (Min)681,020₹10,07,760

Listing performance

NSE/BSE: SYMBIOTEC

Listing gain

0.00%

Gain per retail lot

₹0

Latest vs issue

—

GMP was

₹240 (+24.29%)

₹988
₹1,228+24.29%
₹9880.00%

Issue price

GMP estimate

Listing price

Latest price appears here during market hours.

Symbiotec Pharmalab Live GMP

GMP₹240
Est. Price₹1,228
Est. Gain24.29%
20025030035019 Aug · ₹22025 Aug · ₹34027 Aug · ₹28527 Aug · ₹28727 Aug · ₹28527 Aug · ₹27527 Aug · ₹25027 Aug · ₹25531 Aug · ₹24019 Aug27 Aug27 Aug27 Aug31 Aug

Latest GMP

₹240

All-time high

₹340

All-time low

₹220

GMP × retail lot ₹3,600GMP × S-HNI min ₹50,400Expected listing ~ ₹1,228GMP is unofficial and changes often. Data as of 28 Aug, 12:00 am.

Subscription

28 Aug, 12:00 am

Oversubscribed 75.06 times · 52,87,461 applications

QIB
181.20x
NII (HNI)
77.56x
S-HNI
58.01x
B-HNI
87.34x
Employee
16.32x
Retail
13.65x
Total
75.06x

Total applications

52,87,461

Total bid amount

₹92,403 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB35,50,60864,33,59,195181.20x₹63,564 Cr
NII (HNI)26,62,95520,65,35,12077.56x₹20,406 Cr
B-HNI17,75,30315,50,46,49587.34x₹15,319 Cr
S-HNI8,87,6525,14,88,62558.01x₹5,087 Cr
Retail62,13,5628,48,10,75013.65x₹8,379 Cr
Employee33,4085,45,05516.32x₹53.85 Cr
Total1,24,60,53393,52,50,12075.06x₹92,403 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI8,4541,50,25417.77x
S-HNI4,2272,37,51356.19x
Retail4,14,23848,46,62711.70x
Employee023,445—

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

05001,0001,5002,000Mar 2024 · Revenue: 723.33Mar 2024 · Expense: 590.99Mar 2024 · Profit after tax: 100.06Mar 2024 · Assets: 1,294.79Mar 2024 · Borrowing: 247.21Mar 2024Mar 2025 · Revenue: 755.98Mar 2025 · Expense: 608.85Mar 2025 · Profit after tax: 96.79Mar 2025 · Assets: 1,579.65Mar 2025 · Borrowing: 540.92Mar 2025Mar 2026 · Revenue: 872.26Mar 2026 · Expense: 709.9Mar 2026 · Profit after tax: 109.9Mar 2026 · Assets: 1,780.79Mar 2026 · Borrowing: 387.91Mar 2026

Key performance indicators

As of 31 Mar 2026

ROE

11.19%

PAT Margin

12.6%

ROCE

11.56%

EBITDA Margin

26.59%

Price to Book Value

5.35

RoNW

9.48%

Valuation vs listed peers

EPS Pre IPO

₹17.82

EPS Post IPO

₹17.39

P/E Pre IPO

55.44

P/E Post IPO

56.81

Price-to-earnings

Symbiotec Pharmalab (post-issue)
56.81×
Concord Biotech Limited
61.07×
Divi’s Laboratories Limited
87.80×
Cohance Lifesciences Limited
95.02×
Laurus Labs Limited
109.36×
CompanyP/EP/BRoNWFace value
Concord Biotech Limited61.07———
Divi’s Laboratories Limited87.8———
Cohance Lifesciences Limited95.02———
Laurus Labs Limited109.36———

Peer median P/E 91.4× · Ratios as disclosed in the offer document.

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+20.6%

Profit growth FY24 → FY26

+9.8%

P/E vs peer median

56.8× vs 91.4×

  • PAT margin 12.6% and ROCE 11.6%.
  • Priced below its listed-peer median P/E.

Strengths & risks

  • Strong 60+ API portfolio across key therapeutic segments.
  • Serves 200+ customers across 40+ countries.
  • Backward-integrated manufacturing with global regulatory approvals.
  • Expanding into CDMO services and complex injectables.
  • Strong financial growth with improving profitability.
6.4/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials6.2
Growth6.3
Business5.8
Demand8.7
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company.112.5
General corporate purposes.-

Company & documents

Symbiotec Pharmalab Ltd. is a research-driven pharmaceutical and biotechnology company focused on APIs, corticosteroid and steroidal-hormone products, CDMO services, and complex injectables.

With over 30 years of experience, Symbiotec has evolved into a backward-integrated pharmaceutical platform with capabilities in fermentation, biosynthesis, biotransformation, and chemical synthesis, supported by global regulatory approvals.

The company has a portfolio of 60+ corticosteroid and steroidal-hormone APIs, including Hydrocortisone, Betamethasone, Methylprednisolone, Progesterone, Estrogen, and Testosterone, supplied to global markets.

Symbiotec operates across three business verticals: API Products, CDMO Services, and Complex Injectables, including double-chamber injectable technologies.

The company follows a “farm/microbe-to-pharmacy” model, using fermentation and in-house manufacturing of key starting materials to reduce dependence on external suppliers.

As of March 31, 2026, Symbiotec had manufacturing facilities in Rau, Pithampur, Ujjain and Mhow, with 584.67 MT chemical synthesis and 700 KL fermentation capacity, plus capacity for 20 million complex injectable vials annually.

Symbiotec serves 200+ customers across 40+ countries, with international markets contributing 67.04% of revenue from operations in Fiscal 2026.

Registrar

Company contact

Symbiotec Pharmalab Ltd.

385/2, Pigdamber, Rau, Mhow, Indore, Madhya Pradesh, 453331

Phone: +91 731 667 6405

Email: secretarial@symbiotec.com

Web: https://www.symbiotec.com/

Book running lead managers

  • JM Financial Limited
  • Avendus Capital Pvt. Ltd.
  • Motilal Oswal Investment Advisors Ltd.
  • Nomura Financial Advisory & Securities (India) Pvt. Ltd.

Promoters

36.4%Pre Issue
33.3%Post Issue
  • Anil Satwani
  • Kashish Satwani
  • Sushil Satwani
  • Satwani Holdings LLP.