Goldline Pharmaceutical

open SME IPO
18
(41.86%)

IPO PARAMETERS

PRICE BAND 41.00 - 43.00
LOT SIZE 3000 Shares
INVESTMENT ₹2,58,000

IPO ROADMAP

BIDDING STARTS 12 May 2026
2
BIDDING ENDS 14 May 2026
3
ALLOTMENT TBA
4
LISTING TBA

Grey Market Premium HISTORY

Date GMP (₹) Daily Change Gain (%)
13 May 2026 ₹18.00 +₹1.00 41.86%
12 May 2026 ₹17.00 - 39.53%

Goldline Pharmaceutical IPO MARKET LOT

Application Lot Size Shares Amount
Retail Minimum 2 6,000 ₹258,000
Retail Maximum 2 6,000 ₹258,000
S-HNI Minimum 3 9,000 ₹387,000
S-HNI Maximum 7 21,000 ₹903,000
B-HNI Minimum 8 24,000 ₹1,032,000

Goldline Pharmaceutical IPO DETAILS

IPO Open Date May 12, 2026
IPO Close Date May 14, 2026
Face Value ₹10 Per Equity Share
IPO Price Band ₹41 to ₹43 Per Share
Issue Size Approx ₹12 Crores
Fresh Issue Approx ₹12 Crores
Issue Type Book build Issue
IPO Listing BSE SME

Goldline Pharmaceutical IPO RESERVATION

Investor Category Shares Offered Shares (%)
Anchor Investor 7,32,000 27.11%
QIB (Ex. Anchor) 5,40,000 20.00%
NII 3,90,000 14.44%
Retail 9,00,000 33.33%

Goldline Pharmaceutical IPO Anchor INVESTORS

Anchor Bidding Date May 11, 2026
Shares Offered 7,32,000
Anchor Size
Lock-in Period (50% Shares - 30 Days) 2026
Lock-in Period (50% Shares - 90 Days) 2026

Goldline Pharmaceutical IPO DATES

IPO Open Date May 12, 2026
IPO Close Date May 14, 2026
Basis of Allotment May 15, 2026
Refunds May 18, 2026
Credit to Demat Account May 18, 2026
IPO Listing Date May 19, 2026
Bidding Cut-off Time May 14, 2026 – 5 PM

Goldline Pharmaceutical IPO Promoters & Holding PATTERN

Particular Shares % Share
Promoter Holding Pre Issue 69,00,000 79.70%
Promoter Holding Post Issue 96,00,000
 
Promoters
Amol Laxmikant Mujumdar and Swapan Premprakash Khandelwal

Goldline Pharmaceutical IPO – Objects of the ISSUE

Purpose Amount (₹ Cr.)
Prepayment / Repayment of Borrowings 8.90
General Corporate Purpose

About Goldline Pharmaceutical IPO

Goldline Pharmaceuticals is one of the leading companies involved in the marketing of pharmaceutical products under the name Goldline. Its products are divided into 5 segments: 1. Goldline Pharma, which includes specialities like Physicians, Orthopedics, ENT, Chest Physicians, General and Speciality Surgery, Gastroenterology, Neurology, and Urology, 2. Goldline Cardinal, which includes specialities like Physicians, Diabetologists, Endocrinologists, Cardiologists, and General Physicians, 3. Goldline Ayushman, which includes Pediatricians, Child Specialists, Neonatologists, and General Practitioners, 4. Goldline InLife, which includes Intensivists, Critical Care Consultants, Super Specialty Surgeons, and Physicians, and 5. Goldline Wellness, which includes cancer therapy. 
 

The company sells its products across various states, including Maharashtra, Madhya Pradesh, Odisha, Jharkhand, Tamil Nadu, Rajasthan, and Bihar. Moreover, all the products of the firm are sold and distributed under the brand Goldline.

Goldline Pharmaceutical IPO Company Financial REPORT

Period Ended Revenue (₹ Cr.) Expense (₹ Cr.) PAT (₹ Cr.) Assets (₹ Cr.)
2023 19.85 19.45 0.26 19.39
2024 23.57 21.04 1.81 22.93
2025 28.06 24.20 2.83 26.28
Dec 2025 21.41 18.40 2.22 27.40

Goldline Pharmaceutical IPO Valuation – FY2025

KPI Values
ROE 35.84%
ROCE 38.46%
EBITDA Margin 20.79%
PAT Margin 10.10%
Debt to Equity 1.50
EPS (Basic) ₹4.10
P/E Ratio N/A
RoNW 27.37%
NAV ₹12.38

Goldline Pharmaceutical IPO Peer Group COMPARISON

Company EPS P/E Ratio RoNW % NAV Income (₹ Cr.)
Mono Pharmacare Limited 1.75 7.57 9.90% 17.66 168.34
Chandra Bhagat Pharma Limited 1.14 28.94 2.86% 39.72 86.72

IPO Lead Managers aka Merchant BANKERS

IPO Lead Managers aka Merchant Bankers

  • Cumulative Capital Pvt. Ltd.