News Details

( As on 05/08/2026 15:40)

Molbio Diagnostics announces launch of initial public offering

Molbio Diagnostics Ltd. has announced public offering of 11644315 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 806.00 per share. The gross proceeds of the issue are expected to be Rs 93,969.62 lakhs.

The company's initial public offer (IPO) will open on 10 August 2026 and is expected to close on 12 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 768.00-807.00 per share.

The IPO includes a fresh Issue of 11644315 Equity Shares of the Company at an price of Rs 807.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 18 shares with bids in multiples of 18.

Molbio Diagnostics Ltd. anticipates using the proceeds of the issue for .

Kotak Mahindra Capital Company Ltd.,Motilal Oswal Investment Advisors Limited,IIFL Capital Services Limited,Jefferies India Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.