Speciality Medicines
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Speciality Medicines
Price 117 to 124
GMP Rumors ₹2
Lot size 2000
Issue size ₹29.14 Cr
Allotment 25-03-2026
Listing 30-03-2026
Suggestion Avoid
Allotment Status Skyline
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About

BSE List Price :

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Category Times
QIBs 96.24x
HNIs 2.01x
Retail 0.85x
Total : 2.34x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 2,000 ₹248,000
Retail Maximum 2 2,000 ₹248,000
S-HNI Minimum 3 3,000 ₹372,000
S-HNI Maximum 8 8,000 ₹992,000
B-HNI Minimum 9 9,000 ₹1,116,000

About the Company

Speciality Medicines Limited (SML), established in 2021, operates in the pharmaceutical industry and is involved in the marketing and distribution of finished specialty pharmaceutical products. Its portfolio includes high-value oral and injectable medicines used to treat complex chronic conditions, catering to both domestic and international markets.

The Company acts as a merchant exporter, trader, and wholesaler, procuring pharmaceutical products from well-established Indian manufacturers. With GDP (Good Distribution Practice) certification, SML is committed to maintaining high standards of safety and quality in its supply chain. Leveraging an expanding global network of suppliers and partners, the Company exports its products to multiple countries, offering a broad range of medicines across various therapeutic segments.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹27.66 ₹23.10 ₹2.93 ₹22.68
2025 ₹58.54 ₹49.85 ₹8.61 ₹39.98
Oct 2025 ₹36.93 ₹30.80 ₹6.06 ₹45.57

Company Promoter

Parth B Goyani

Goyani Sumit Babubhai

Know before investing

  • • Strengths

    Broad International Footprint: The Company has operations across India as well as various global markets, enabling a well-diversified revenue stream and lowering reliance on any single region.

    Robust Quality Control Framework: Adheres to stringent quality practices backed by ISO 9001:2015 certification and certified third-party manufacturing units, ensuring consistent product quality and on-time delivery.

  • • Risks

    Supplier Concentration Risk: The Company depends on external suppliers for sourcing its products. Any interruption in supply, delays, or fluctuations in pricing could negatively impact product availability, cost structures, and overall operations.

    Research & Development Limitation Risk: The Company does not currently have a well-established in-house R&D function. Any delay in developing this capability may hinder product innovation and affect long-term growth opportunities.

Objects of the Issue & Utilisation of proceeds

Setting up of the Research and Development (R&D) Centre.
Product registration in the international markets.
Repayment/ Prepayment, in full or part, of certain borrowings availed by the Company.
To Meet Working Capital Requirements.
General Corporate Purpose.

Company  Address

Speciality Medicines Ltd.
913, One World West, S. No. 396, FP 119,
Village- Vejalpur, Ahmadabad City,
Ahmedabad, Gujarat, India,
Ahmedabad, Gujarat, 380051
Phone: +91 22 4604 5344
Email: investors.grievances@specialitymedicine.com
Website: https://www.specialitymedicine.com/

IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

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