Bio Medica Laboratories IPO
Bio Medica Laboratories LtdSME
This IPO has listed.
- Open date
- 21 May 2026
- Close date
- 25 May 2026
- Min. Investment
- ₹2,78,000
- Lot Size
- -
- Fresh Issue
- ₹47.19 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- -
Subscription rate
- Qualified Institutional Buyers15.94x
- Non-Institutional Investors1.27x
- Retail-Individual Investors2.92x
- Total2.19x
Schedule
- Completed: IPO open date21 May 2026
- Completed: IPO close date25 May 2026
- Completed: Allotment date26 May 2026
- Completed: Funds unblock or debit27 May 2026
- Completed: Tentative listing date28 May 2026
About
Promoter shareholding in Bio Medica Laboratories Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Mukesh Mehta | 44,44,816 | 48.42% | 42,56,316 | 33.85% |
| Pradeep Mehta | 44,44,725 | 48.42% | 42,56,225 | 33.85% |
| Tara Mehta | 92 | 0.00% | 92 | 0.00% |
| Lokesh Jain | 92 | 0.00% | 92 | 0.00% |
| Garima Mehta | 92 | 0.00% | 92 | 0.00% |
| Anju Mehta | 92 | 0.00% | 92 | 0.00% |
Bio Medica Laboratories IPO Strengths & Risks
- Designing and execution capabilities.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our consumers.
- Quality assurance and control.
- Risks Relating to the Business: The operations in the company Manufacturing Unit-1 had been suspended vide order No. V/T/MISC/20/2023/4790 dated August 23, 2023 by the Deputy Director and State Licensing Authority, Food and Drug Administration, Madhya Pradesh citing certain non-compliances.
- Risks Relating to the Business: The company is dependent on a limited number of clients for a significant portion of its revenues, and the loss of any key client could adversely affect the company business, financial condition and results of operations.
- Risks Relating to the Business: Any manufacturing or quality control problems may damage the company reputation for high quality products and expose its to litigation or other liabilities, which could adversely affect the company financial results.
- Risks Relating to the Business: The Company's manufacturing facilities are subject to inspections by the Central Drugs Standard Control Organisation (CDSCO), the State Licensing Authorities, and other competent regulatory bodies. Any adverse findings or non-compliance may result in regulatory actions that could adversely affect the Company's business, operations, and financial performance
- Risks Relating to the Business: The company is dependent on third-party transportation providers for the supply of raw materials and finished products
- Risks Relating to the Business: The company inability to adopt new technologies could adversely affect its business, results of operations, cash flows and financial condition.
- Risks Relating to the Business: The Contracts in the company order book may be adjusted, cancelled, or suspended by its clients at their discretion, and therefore the company order book is not necessarily indicative of future revenues or earnings.
- Risks Relating to the Business: The company existing manufacturing facilities are concentrated in a single region i.e., Industrial Area, Indore, Madhya Pradesh and the inability to operates and grow its business in this particular region may have an adverse effect on the company business, financial condition, results of operations, cash flows and future business prospects.
- Risks Relating to the Business: The Company has negative cash flows from its investment and financing activities in the current and past years. Sustained negative cash flow could have an impact on the company growth and business.
- Risks Relating to the Business: The Company has had a high debt-to-equity ratio in previous financial years, and although this has improved in FY 2025, there can be no assurance that its will be able to maintain such levels going forward, which may affect the company ability to meet obligations and pursue growth opportunities.
- Risks Relating to the Business: The Company does not own the premises through which its conduct the company business operations.
- Risks Relating to the Business: The risks associated with delays in obtaining, or failure to obtain, approvals and permits for the building plan of the company proposed manufacturing facility.
- Risks Relating to the Business: The Company is yet to place orders for all the plant & machineries for its proposed object, as specified in the Objects of the Issue. Any delay in placing orders, procurement of plant & machineries may delay the company implementation schedule and may also lead to increase in price of these plant & machineries, further affecting its revenue and profitability.
- Risks Relating to the Business: There is outstanding legal proceedings involving the company Promoters and Directors. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- Risks Relating to the Business: The company contingent liabilities as stated in its Restated Financial Statements could adversely affect the company financial conditions.
- Risks Relating to the Business: The company Group Company have incurred losses during the last three financial years.
- Risks Relating to the Business: The Company may not has complied with certain statutory provisions of the Companies Act, 2013. Such non- compliances / lapses may attract penalties and prosecution against the Company and its directors which could impact on the financial position of the Company to that extent.
- Risks Relating to the Business: If any of the company products cause or is perceived to cause, side effects, the company business, results of operations and financial condition could be adversely affected.
- Risks Relating to the Business: The company insurance coverage in connection with its business may not be adequate and may adversely affect the company operations and profitability.
- Risks Relating to the Business: The Company operates under several statutory and regulatory permits, licenses and approvals. Its failures to obtain and/or renew any approvals or licenses in future may have an adverse impact on the company business operations.
- Risks Relating to the Business: The Company has made certain delayed filings with respect to provisions of the GST Act, Income Tax Act, and other applicable laws in the last 5 Years.
- Risks Relating to the Business: The Company's operations and descisions is subject to lender's strict covenants and conditions
- Risks Relating to the Business: The Company operates under several statutory and regulatory permits, licenses and approvals. Its failures to obtain and/or renew any approvals or licenses in future may have an adverse impact on the company business operations.
- Risks Relating to the Business: If the company fail to maintain an effective system of internal controls, its may not be able to successfully manage or accurately report the company financial risk.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares by the company Promoter could be lower than the Issue Price.
- Risks Relating to the Business: The interests of the company Promoters and Directors may cause conflicts of interest in the ordinary course of its business.
- Risks Relating to the Business: The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- Risks Relating to the Business: The Offer for Sale proceeds not to be available to the Company
- Risks Relating to the Business: The Company has obtained unsecured loans amounting to Rs. 1,147.17 Lakhs on the basis of restated consolidated financial statements that may be recalled by the lenders at any time.
- Risks Relating to the Business: The company is dependent on suppliers of raw materials required for its manufacturing operations. Absence of long-term contracts or agreements with suppliers could adversely affect the company business, financial condition and results of operations.
- Risks Relating to the Business: Changes in laws applicable regulations governing the import of raw materials may adversely affect the company business, financial condition, and results of operations
- Risks Relating to the Business: Risk from of data leaks in the last three years and its impact.
- Risks Relating to the Business: Foreign currency exposure and exchange rate fluctuations between the Indian Rupee and foreign currencies
- Risks Relating to the Business: The company business and operation is subject to extensive regulation in India, and any adverse changes in regulatory framework may affect its Business and operations.
- Risks Relating to the Business: The risk of theft, accidents at the plant and goods in transit
- Risks Relating to the Business: The Company has entered into certain related party transactions in the past and may continue to does so in the future.
- Risks Relating to the Business: The company business relies on skilled personnel, and its inability to recruit and retain such personnel could adversely impact the company operations and growth prospects
- Risks Relating to the Business: The company is dependent on its Promoters, the company senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect the company business, results of operations, financial condition and cash flows.
- Risks Relating to the Business: If its fail to maintain an effective system of internal controls, the company may not be able to successfully manage or accurately report its financial risk.
- Risks Relating to the Business: Some of the company's Board of Directors does not has experience of listed companies.
- Risks Relating to the Business: The interests of the company Promoters and Directors may cause conflicts of interest in the ordinary course of its business.
- Risks Relating to the Business: The company could be harmed by employee misconduct or errors that is difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- Risks Relating to the Business: The company faces competition in its business from organized and unorganized players, which may adversely affect the company business operation and financial condition.
- Risks Relating to the Business: Information relating to the installed manufacturing capacity, actual production and capacity utilization of the company manufacturing units included in this Red Herring Prospectus is based on various assumptions and estimates, and future production and capacity may vary.
- Risks Relating to the Business: The company inability to manage growth could disrupt its business and reduces profitability.
- Risks Relating to the Business: The Company's future funding requirements, in the form of further issue of capital or other securities and/or loans that might be availed by its, may turn out to be prejudicial to the interest of the shareholders depending upon the terms and conditions on which they are raised.
- Risks Relating to the Business: In addition to normal remuneration or benefits and reimbursement of expenses, some of the company Promoters and Directors are interested in its Company to the extent of their shareholding and dividend entitlement in the Company.
- Risks Relating to the Business: The company ability to pay dividends in the future will depends on its earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of the company financing arrangements.
- Risks Relating to the Business: Certain key performance indicators for certain listed industry peers included in this Red Herring Prospectus has been sourced from public sources and there is no assurance that such financial and other industry information is complete.
- Risks Relating to the Business: This Red Herring Prospectus contains information from third parties, including an industry report prepared by an independent third-party research agency, Infomerics Analytics and Research Private Limited, which the company has commissioned and paid for purposes of confirming its understanding of the industry exclusively in connection with the Offer.
- Risks Relating to the Business: The company will continue to be controlled by its Promoter and Promoter Group after the completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of the company shareholders.
- Risks Relating to the Business: There is certain restrictions on daily movements in the price of Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- Risks Relating to the Business: After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
- Risks Relating to the Business: Market price of the company share will be decided by market forces and issue price of equity share may not be indicative of the market price its share price after the issue.
- Risks Relating to the Business: Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
- Risks Relating to the Business: Any variation in the utilization of the Net Proceeds as disclosed in this Draft Red Herring Prospectus shall be subject to certain compliance requirements, including prior approval of the shareholders of the Company.
- Risks Relating to the Business: Equity Shares of the Company has never been publicly traded, and after the Issue, the Equity Shares may be subject to price and volume fluctuations, and an active trading market for the Equity Shares may or may not develop. Further, the Issue Price may not be indicative of the market price of the Equity Shares after the Issue.
- Risks Relating to the Business: Investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- Risks Relating to the Business: Holders of Equity Shares may be restricted in their ability to exercise pre-emptive rights under Indian law and thereby may suffer future dilution of their ownership position.
- Risks Relating to the Business: A third-party could be prevented from acquiring control of the company post this Issue, because of anti-takeover provisions under Indian law.
- Risks Relating to the Business: QIB and Non-Institutional Investors is not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.
