IPO details · Updated
Molbio Diagnostics Limited
- Price Band
- ₹768 – ₹807
- Lot Size
- 18 shares
- Min. Investment
- ₹14,526
- Issue Size
- ₹939.7 Cr
- Offer Dates
- 10 Aug – 12 Aug 2026
- Listing
- 17 Aug 2026
Issue Details
- Total Issue Size
- ₹939.7 Cr
- 1,16,46,246 shares
- Fresh Issue
- ₹200.12 Cr
- 24,80,246 shares
- Offer for Sale
- ₹739.57 Cr
- 91,66,000 shares
- Face Value
- ₹1 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 11,27,59,750
- Shares Post-Issue
- 11,52,39,996
IPO Timeline
Offer opens
10 Aug 2026
Offer closes
12 Aug 2026
Allotment
13 Aug 2026
Listing
17 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor29.9%34,87,717 shares
- QIB20.0%23,25,145 shares
- HNI15.0%17,43,860 shares
- Retail34.9%40,69,005 shares
- Employee0.2%20,519 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 23,25,145 | 43,33,82,148 | 186.39x |
| NII | 17,43,860 | 8,68,40,604 | 49.80x |
| Retail | 40,69,005 | 5,27,19,318 | 12.96x |
| Employee | 20,519 | 2,72,466 | 13.28x |
| Total | 81,58,529 | 57,32,14,536 | 70.26x |
Lot Size & Investment
1 lot = 18 shares
Retail (min)
1 lot · 18 shares
Retail (max)
13 lots · 234 shares
S-HNI (min)
14 lots · 252 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 18 | ₹14,526 |
| Small HNI (S-HNI) | 14 | 252 | ₹2,03,364 |
| Big HNI (B-HNI) | 69 | 1,242 | ₹10,02,294 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 2,148.42 | 1,461.56 | 1,221.06 |
| Total Income | 1,455.17 | 1,027.94 | 840.66 |
| Profit After Tax | 164.14 | 138.58 | 83.54 |
| EBITDA | 328.24 | 256.64 | 185.09 |
| Net Worth | 1,144.68 | 952.95 | 807.94 |
| Reserves & Surplus | 1,148.84 | 990.84 | 845.48 |
| Total Borrowing | 412.64 | 123.16 | 174.58 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| RoNW (%) | 14.55 | 15.23 |
| EPS (₹) | — | 14.56 |
| P/E (pre-issue) | — | 55.43 |
| P/E (post-issue) | — | 56.67 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Poly Medicure Ltd | 52.61 | 10.37% |
| Dr. Lal Pathlabs Ltd | 62.2 | 20.78% |
| Metropolis Healthcare Ltd | 63.72 | 12.56% |
| Vijaya Diagnostic Centre Ltd | 81.02 | 18.07% |
About Molbio Diagnostics Limited
Incorporated in October 2000, Molbio Diagnostics Limited is a global point-of-care (POC) molecular diagnostics company engaged in the research, development, manufacturing, and commercialization of rapid diagnostic solutions for infectious and non-communicable diseases. The company has developed its proprietary 'Truenat' platform, a portable, battery-operated PCR-based molecular diagnostics system designed for resource-limited settings, offering accurate test results within an hour. Molbio offers molecular testing solutions for over 30 diseases through 43 diagnostic assays, including tuberculosis (TB), COVID-19, HIV, Hepatitis B & C, and HPV. The company also provides radiology, digital pathology, and breast health screening solutions through its subsidiaries and strategic collaborations, while continuously expanding its diagnostics product pipeline through strong in-house R&D capabilities. The company operates six manufacturing facilities across India and serves customers in over 90 countries, including government health programs, diagnostic laboratories, hospitals, and international healthcare organizations. Backed by a strong portfolio of patents, global certifications, and strategic acquisitions, Molbio has established itself as a leading innovator in molecular diagnostics. As of March 31, 2026, the company employed 1,225 permanent employees across research & development, manufacturing, quality assurance, sales, finance, and corporate functions. Strengths Proprietary Truenat platform with WHO-endorsed TB molecular diagnostic technology. Strong R&D capabilities supported by an extensive global patent portfolio. Scalable business model with recurring revenues from diagnostic test kits. Global presence across 90+ countries with strong government and institutional customer base. Strategic acquisitions and collaborations expanding healthcare diagnostics portfolio. Experienced management team with deep expertise in molecular diagnostics and healthcare innovation.
Objects of the Issue
- Funding capital expenditure towards the setting up of infrastructure for research and development facility, Center of Excellence and connected office space. (₹105.54 Cr)
- Funding capital expenditure towards the purchase of certain plant, machinery and other equipment for Goa Unit I, Goa Unit II and Visakhapatnam Unit, and (₹72.28 Cr)
- General Corporate Purposes (₹9.47 Cr)
- Issue Expenses (₹59.54 Cr)
Promoters
- <p>Sriram Natarajan
- Chandrasekhar Bhaskaran Nair
- Sangeetha Sriram
- Shiva Sriram
- Sowmya Sriram
- Exxora Trading LLP</p>
Company Information
- Book running lead managers
- Kotak Mahindra Capital Co.Ltd.
- IIFL Capital Services Ltd.
- Jefferies India Pvt.Ltd.
- Motilal Oswal Investment Advisors Ltd.
- Registered office
- Plot No. L-46, Phase II-D, Verna Industrial Area, Verna, Salcete, South Goa, Goa, 403722
Official Documents
Opens the source filing in a new tab
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