Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Speciality Medicines Ltd

Registered Office: 913 One World West S.No.396 FP,Village-Vejalpur, Ahmedabad - 380051, Gujarat, India.
Phone : +91 22 4604 5344   Fax:
Email :  investors.grievances@specialitymedicaine.com  
Website :  www.specialitymedicine.com

Initial public issue of upto 23,50,000 equity shares of face value of Rs. 10/- each of Speciality Medicines Limited ("SML" or the "Company" or the "Issuer") for cash at a price of Rs. 117-Rs.124 per equity share including a share premium of Rs. 107-Rs. 114 per equity share (the "Issue Price") aggregating to Rs. 27.5-Rs.29.14 Crores ("the Issue"), of which upto 1,50,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.117-Rs. 124 per equity share including a share premium of Rs. 107-Rs. 114 per equity share aggregating to Rs. 1.76-Rs. 1.86 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 22,00,000 to be updated equity shares of face value of Rs. 10/- each at a price of Rs. 117-Rs. 124 per equity share including a share premium of Rs. 107-Rs. 114 per equity share aggregating to Rs. 25.74-Rs.27.28 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.75% and 25.04%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 117 to Rs. 124 per equity share of face value of Rs. 10 each. The floor price 11.70 times of the face value and the cap price is 12.40 times of the face value. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
20-Mar-26 24-Mar-26 117.00-124.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 1000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Unistone Capital Private Limited
Project Financed through Current Offer 27.50  
Post Issue Equity Share Capital 0.00  
Issue Price 117.00  

Project

  • Setting up of Research & Development (R&D) Center
  • Product Registration in International Markets and Product Development for sale in international markets
  • Funding for Marketing and Promotional Activities
  • To meet working capital requirements
  • General corporate purposes

Promoted By

Parth Goyani

Sumit Goyani

Listing At

BSE - SME

Registrar to the Issue

Skyline Financial Services Pvt

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.