IPO Issue Details
Issue Price / Price Band₹43 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size27,00,000 shares (agg. up to ₹12 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital only
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 12 May 2026
Subscription CloseThu, 14 May 2026
Anchor AllotmentMon, 11 May 2026
Basis of AllotmentFri, 15 May 2026
Initiation of RefundsMon, 18 May 2026
Credit of Shares to DematMon, 18 May 2026
Listing DateTue, 19 May 2026
UPI Mandate Deadline5:00 PM on 14 May 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,58,000 — 6,000 shares
Retail — Max (13 Lots)₹1,677,000 (13 Lots)
HNI — Min (3 Lots)₹3,87,000 — 9,000 shares
Net Offer to Public25,62,000 shares (agg. up to ₹11 Cr)
Reserved for Market Maker1,38,000 shares (agg. up to ₹0.5934 Cr)
Pre-IPO Promoter Holding69,00,000 shares
Post-IPO Promoter Holding96,00,000 shares
Fresh Issue Shares25,62,000 shares (agg. up to ₹11 Cr)
About Goldline Pharmaceutical Ltd.
Goldline Pharmaceuticals is engaged in the business of marketing pharmaceutical products under the brand name “Goldline.” Its product range is divided into five segments:Goldline Pharma: This category includes 42 products to cater to specialties like Physicians, Orthopedics, ENT, Chest Physicians, General and Specialty Surgery, Gastroenterology, Neurology, and Urology.Goldline Cardinal: This category offers 54 products tailored for the Specialty division, serving medical fields such as Physicians, Diabetologists, Endocrinologists, Cardiologists, and General Physicians.Goldline Aayushman: This category comprises 18 products designed for the Specialty division, catering to medical fields such as Pediatricians, Child Specialists, Neonatologists, and General Practitioners.Goldline InLife: This category includes 22 products tailored for the Specialty division, serving Intensivists, Critical Care Consultants, Super Specialty Surgeons, and Physicians.Goldline Wellness: This category includes 10 products tailored Supportive care plays a crucial role in cancer therapy.The company do not manufacture products, it partner with third-party manufacturers who produce the medicines based on its market research and product specifications, ensuring quality and compliance with regulations.All products are marketed and sold under the Goldline brand through our network of distributors, who supply to retailers and wholesalers. The company currently works with 15 manufacturers and 7 distributors, and it also support hospitals and healthcare providers with procurement and material supply.The company sells products across the states of Maharashtra, Madhya Pradesh, Odisha, Jharkhand, Tamil Nadu, Rajasthan, and Bihar.Competitive Strengths:Experienced Promoters and Management Team with Industry Knowledge and a Track RecordAsset-light Business Model and Competitive ProductsScalable Business ModelWide and Diverse Range of Product OfferingsStrong Supplier and Vendor RelationshipsEstablished Distribution Network
Objects of the Issue
Goldline Pharmaceutical Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our company
8.90
2
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
69,00,000 shares
Post-IPO Promoter Holding
96,00,000 shares