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Symbiotec Pharmalab Limited

SYMBIOTECPharmaceuticals & Biotechnology24 Aug 2026 – 27 Aug 2026INE899I01028

Promoters ANIL SATWANI · KASHISH SATWANI · SUSHIL SATWANI · SATWANI HOLDINGS LLP

On listing day it
+11.1%
listing-day close vs issue price
Since then, against the issue price
+14.7%
₹1,133.45 on 11 Sept 2026

Against an issue price of ₹988. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹988
final issue price
Issue size
₹2,180 cr
Lot size
15 sh
₹14,820 a lot
Listed on
1 Sept 2026
NSE
Now trading as SYMBIOTEC — see its filed financials and price history →
Notes

Symbiotec Pharmalab Limited raised ₹2,180 crore through a mainboard initial public offer.

The filing places it in Pharmaceuticals & Biotechnology and names four promoters: ANIL SATWANI, KASHISH SATWANI, SUSHIL SATWANI and SATWANI HOLDINGS LLP.

The book was open from 24 August 2026 to 27 August 2026.

The issue was priced at ₹988 a share, from a band of ₹938 to ₹988.

As of the exchange's 27-Aug-2026 19:00:00 update the book was subscribed 71.3 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 172.03 times, non-institutional investors 73.63 times, retail investors 12.96 times and employees 15.41 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

7.27 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

The shares listed on 1 September 2026.

The last official close on file is ₹1,133 (11 September 2026), which is 14.7% above the issue price.

It now trades as SYMBIOTEC, and its filed financials are on its company page.

How it has done since listing
NSE close · 11 Sept 2026
Issue price
₹988
final issue price
Listing-day move
+11.1%
listing-day close vs issue price
Now vs issue price
+14.7%
11 Sept 2026
Since first close

Shares sold in the issue at ₹988 last closed at ₹1,133.45.

See SYMBIOTEC’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(1)
Issue price
₹988
face value ₹2
Lot size
15 sh
₹14,820 a lot
Issue size
₹2,180 cr
How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
BSE And NSE
Registered office
Northern India
Company website
www.symbiotec.com
Registrar
MUFG Intime India Private Limited
Lead managers
  • JM Financial Limited
  • Avendus Capital Private Limited
  • Motilal Oswal Investment Advisors Limited and Nomura Financial Advisory and Securities (India) Private Limited
What happens when
4-day book
  1. Bidding opens24 Aug 2026
  2. Bidding closes27 Aug 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing1 Sept 2026
How the bidding is going
as of 27-Aug-2026 19:00:00
71.26x
NSE + BSE combined
93.52 cr bid against 1.31 cr offered
captured 28 Aug 2026, 7:00 pm IST

Investors have bid for 71.26 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)28% of the offer reserved172.03x
64,33,59,195 bid · 37,39,872 offered
Non-institutional (HNI)21% of the offer reserved73.63x
20,65,35,120 bid · 28,04,904 offered
Retail50% of the offer reserved12.96x
8,48,10,330 bid · 65,44,776 offered
Employees0% of the offer reserved15.41x
5,45,055 bid · 35,377 offered
NSE bids only — a different figure58.32x

Bids placed on NSE alone, excluding BSE. It is smaller than the 71.26x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 27 Aug 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹938
₹939
₹940
₹941
₹942
₹943
₹944
₹945
₹946
₹947
₹948
₹949
₹950
₹951
₹952
₹953
₹954
₹955
₹956
₹957
₹958
₹959
₹960
₹961
₹962
₹963
₹964
₹965
₹966
₹967
₹968
₹969
₹970
₹971
₹972
₹973
₹974
₹975
₹976
₹977
₹978
₹979
₹980
₹981
₹982
₹983
₹984
₹985
₹986
₹987
₹988

The columns are near-identical because they are: demand falls only 0.03% between ₹938 and ₹988, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
7.27 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹938 to ₹988
0.03%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    1 Oct 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    30 Nov 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    1 Mar 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    1 Mar 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

What the money will be used for
from the offer document

What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.

  • Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company standalone basis) amounted to ₹3,497.81 million. We propose to utilize an estimated amount of up to ₹1,125.00 million from the Net Proceeds towards pre-payment and/or repayment of all, or a portion, of certain outstanding borrowings availed by us and the interest accrued thereon.1,125
  • General corporate purposes We propose to utilize up to ₹[●] million of the balance Net Proceeds towards general corporate purposes and our business requirements as approved by the Board, from time to time, subject to such utilization for general corporate purposes not exceeding 25% of the Gross Proceeds, in compliance with the SEBI ICDR Regulations. The respective portion of the proceeds from the Offer for Sale shall be received by each of the Selling Shareholders, after deducting their respecti

Figures as filed by the issuer in its offer document.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Cohance Lifesciences Limited95.27.0%
Concord Biotech Limited62.514.0%
Divi's Laboratories Limited90.416.5%
Laurus Labs Limited113.516.8%
The issuer’s own figures, as it printed them
EPS
₹19.10
NAV per share
₹184.69
Return on net worth
9.48%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Avendus Capital Private Limited
20242026
7
2 measurable
+1.1%
JM Financial Limited
20212026
67
14 measurable
+13.3%
Motilal Oswal Investment Advisors Limited and Nomura Financial Advisory and Securities Private Limited
20262026
1+11.1%
Registrar
FirmIssuesTypical listing move
Mufg Intime India Private Limited
20252026
76
11 measurable
+20.8%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.