Speciality Medicines Limited IPO Opens on March 20, 2026

Mumbai (Maharashtra) [India], March 18: Speciality Medicines Limited, a company engaged in the marketing and distribution of specialty pharmaceutical products across multiple therapeutic areas, proposes to open its Initial Public Offering on Friday, March 20, 2026 aiming to raise ₹ 29.14 Crore (At Upper Price Band), with shares to be listed on the BSE SME [...]

Dinesh Kumar
Dinesh Kumar Verified Public Figure • 25 Apr, 2026Author
Mar 18, 2026 • 1:13 PM  0
B
Business
NEWS CARD
Logo
Speciality Medicines Limited IPO Opens on March 20, 2026
“Speciality Medicines Limited IPO Opens on March 20, 2026”
Favicon
Read more onthebizzstories.com
18 Mar 2026
https://www.thebizzstories.com/speciality-medicines-limited-ipo-opens-on-march-20-2026
Copied
Speciality Medicines Limited IPO Opens on March 20, 2026
Speciality Medicines Limited IPO Opens on March 20, 2026
Mumbai (Maharashtra) [India], March 18:Speciality Medicines Limited, a company engaged in the marketing and distribution of specialty pharmaceutical products across multiple therapeutic areas, proposes to open its Initial Public Offering on Friday, March 20, 2026 aiming to raise ₹ 29.14 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.

The issue size is 23,50,000 equity shares at a face value of ₹ 10 each with a price band of
₹ 117- ₹ 124 Per Share.

Equity Share Allocation

  • Qualified Institutional Buyer – Up To 21,000 Equity Shares
  • Non-Institutional Investors – Up To 10,89,000 Equity Shares
  • Retail Individual Investors – Up To 10,90,000 Equity Shares
  • Market Maker – Up To 1,50,000 Equity Shares

The net proceeds from the IPO will be utilized for Setting up of Research and Development (R&D) Centre, Product Registration in International Markets and Product Development for sale in international markets, Funding for Marketing and Promotional Activities, To Meet Working Capital Requirements and General Corporate Purposes. The issue will open on Friday, Mar 20, 2026 and will close on Tuesday, Mar 24, 2026.

Dinesh Kumar

Dinesh Kumar Verified Public Figure • 25 Apr, 2026Author

News Writer

homeHomeamp_storiesWeb Storieslocal_fire_departmentTrendingplay_circleVideosmark_email_unreadNewsletter