The DRHP provides an overview of the proposed IPO and sets out the company’s financials, governance framework, and business outlook.
Filing Overview:
Symbiotec Pharmalab Limited has formally filed its Draft Red Herring Prospectus (DRHP) in December 2025, marking the beginning of the IPO process. The filing is currently under regulatory review by SEBI, which will provide feedback and observations. Following this, the company will address the feedback and proceed with the next steps, which include the publication of the Red Herring Prospectus (RHP) and the announcement of the issue dates. Symbiotec Pharmalab plans to list its equity shares on both the NSE and BSE, subject to the receipt of regulatory clearances.
Issue Structure:
According to the DRHP, the IPO will consist of both a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders. The fresh issue component will raise capital directly for the company, while the OFS component will allow existing shareholders to partially liquidate their holdings. Below are the preliminary details about the issue structure: