TTLTicker Tales

Symbiotec Pharmalab

Pharmaceutical maker of active ingredients, CDMO services and complex injectables.

Archived
Strong Subscribe

Last updated 9 Sept 2026, 10:59 am IST

Price band
₹938 – ₹988
Lot size
15
Issue size
₹1,757 Cr
Opens
24 Aug 2026
Closes
27 Aug 2026
Exchange
Both

The numbers

GMP
₹260 (~26.3%) (listing eve; was ₹282 (~28.5%))
Subscription
75.08× (final)
Listing gain
NSE 0.0% / BSE -1.0% (1 Sep)
Listing date
1 Sept 2026
Model prediction
~+34% expected → Strong Subscribe. Listed flat on NSE / -1.0% BSE (1 Sep), closed +11.1%; read ran high.

The Ticker Tales take

Symbiotec Pharmalab develops and makes active pharmaceutical ingredients, offers contract development and manufacturing (CDMO), and makes complex injectables. ₹1,757 Cr mainboard issue at ₹938–988 that closed on 27 Aug. After a slow start the big money came in late and demand finished at ~75.08× (institutions ~181×, wealthy investors ~77.6×, retail ~13.7×), while the grey-market premium eased to ~₹260 (~26% over ₹988). Anil Singhvi posted a review video but no clear verdict. Our locked call was Strong Subscribe on an expected pop of roughly 34%. It listed on 1 Sep exactly at the ₹988 issue price on NSE (₹978 on BSE, −1.0%) — no pop at all — then recovered through the day to close at ₹1,097.70 (+11.1%). Applicants who held through day one made money, but our number was well over the mark.

More details

Anil Singhvi - Long-term call
Not clearly stated
Anil Singhvi - Listing-gain call
Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.