IPO Snapshot
 
Molbio Diagnostics Ltd.
Issue Open Date 10-Aug-26  
Issue Closing Date 12-Aug-26  
Application Money 100  
Allotment Money  
Price Band 768 - 807  
Minimium Application No. 18  
Issue Size (Shares) 11772311  
Market Lot 1  
Objective
1. Funding capital expenditure towards the setting up of infrastructure for our research and development facility, Center of Excellence and connected office space,2. Funding capital expenditure towards the purchase of certain plant, machinery and other equipment for Goa Unit I, Goa Unit II and Visakhapatnam Unit, and3. General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
We are an innovative point-of-care (“POC”) diagnostics company focused on expanding access to accurate, rapidand cost-effective healthcare technologies to diagnose infectious and non-communicable diseases. We havedeveloped our ‘Truenat’ platform, which is a novel POC polymerase chain reaction (“PCR”) platform that canoperate in resource limited settings since its battery operated, facilitating decentralized diagnosis within an hour.As of March 31, 2025, Truenat is patented in more than 100 countries for the diagnosis of multiple infectious andnon-communicable diseases. As of March 31, 2025, we offer molecular testing for 30 diseases, includingtuberculosis (“TB”), COVID, Hepatitis B and C, Human immunodeficiency virus (“HIV”), and HumanPapillomavirus (“HPV”) with 42 assays. We operate in an oligopolistic market with high entry barriers, evidencedby the fact that our platform underwent 13 years of R&D to obtain Indian Council of Medical Research (“ICMR”)certification and our ‘Truenat’ test chip for diagnosing TB is the only one by an Indian company and one of theonly two rapid molecular tests in the world, which has been endorsed by the World Health Organization (“WHO”)for initial diagnosis of TB and rifampicin resistance detection using molecular diagnostic technology. (Source:1Lattice Report). We also provide devices, enabling radiology, digital pathology and breast health screening,through our Subsidiary, Prognosys, Associate, OptraScan and collaboration partner - UE Lifesciences. Further, weare focussed towards building a pipeline of additional products and platforms that are currently at various stagesof development.
Promoter's Holding
Total Share Capital   52597450  
Offered to Public   11646246  
Promoter's Holding (Pre-Issue)   46.65  
Promoter's Holding (Post-Issue)    
Address
Plot No. L-46
Phase I I- D
Verna Industrial Area
Verna
Salcete
South Goa ,
Goa ,
403722
Phone : 0832 6724888
Email : investors@molbiodiagnostics.com
Website : www.molbiodiagnostics.com
Registrar
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
IIFL Capital Services Ltd.
Jefferies India Pvt Ltd.
Kotak Mahindra Capital Co Ltd
Motilal Oswal Investment Advisors Pvt Ltd
Promoters
Chandrasekhar Bhaskaran Nair
Exxora Trading LLP
Sangeetha Sriram
Sowmya Sriram
Sriram Natarajan