Hindustan Laboratories IPO Details

MAINBOARD

Hindustan Laboratories IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Hindustan Laboratories IPO total issue size comprises 1,41,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 50,00,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 91,00,000 shares (aggregating up to ₹0.00 Cr.).

The Lead Managers for Hindustan Laboratories IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Choice Capital Advisors Pvt.Ltd.. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Hindustan Laboratories Limited DRHP.

Hindustan Laboratories IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
-
Share holding post issue
-
Total Issue Size
1,41,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
50,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
91,00,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed With SEBI

Hindustan Laboratories IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Hindustan Laboratories IPO Reservation

Promoter Holding

Pre Issue:99.99%
Post Issue:-
Promoter Names:
Rajesh Vasantray Doshi, Kunjal C Dedhia, Krishiv Rajesh Doshi

Documents

Hindustan Laboratories IPO Valuations

ROCE:12.86%
RONW:9.71%
PAT MARGIN:16.19

Hindustan Laboratories Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets242.95225.49176.35145.40
Total Income115.78227.37194.33179.48
Profit After Tax18.2441.2734.1422.25
EBITDA25.4653.8844.0930.69
NET Worth197.01178.74137.34103.15
Total Borrowing3.856.795.111.50
Amount in ₹ Crore

About Hindustan Laboratories IPO

Hindustan Laboratories Limited was incorporated in 2017 and is an Indian pharmaceutical company primarily engaged in the large-scale manufacturing and supply of generic medicines under a business-to-government (B2G) model. The Company focuses on supplying affordable and essential medicines to public healthcare systems across India.

The Company supplies pharmaceutical products mainly through procurement contracts for central government healthcare programmes under the Ministry of Health and Family Welfare, executed via Government of India agencies, as well as through state government agencies and public bodies. This B2G-focused operating model enables Hindustan Laboratories Limited to participate in large-volume, long-term public health initiatives.

Geographic Reach and Customer Base

During the six months ended September 30, 2025, the Company supplied products across 27 states and Union Territories, a coverage level also achieved during Fiscal 2025. The Company served 343 customers during the six months ended September 30, 2025, and 445, 474, and 439 customers in Fiscal 2025, Fiscal 2024, and Fiscal 2023, respectively, reflecting a broad and recurring government customer base.

Product Portfolio

The Company’s portfolio spans a wide range of acute and chronic therapeutic segments, including:

  • Anti-allergic
  • Anti-diabetic
  • Anti-infective
  • Anti-malarial and antiparasitic
  • Blood-related therapies
  • Cardiac and gastrointestinal therapies
  • Keratolytic, pain management and analgesics
  • Respiratory therapies
  • Nutritional, mineral, and vitamin supplements

Hindustan Laboratories Limited has formulation capabilities across multiple dosage forms, including tablets, capsules, powders, oral liquids, topical solutions, creams, ointments, combination blister packs, and topical powders. Its product portfolio has expanded from 661 products as of March 31, 2023, to 871 products as of March 31, 2025, and further to 948 products as of September 30, 2025, demonstrating consistent portfolio growth.

Manufacturing Infrastructure

The Company operates its primary manufacturing facility (Unit 1) at Palghar, Maharashtra, approximately 100 km from Mumbai, with connectivity via road, rail, and air along National Highway 8. The facility is ISO 9001:2015 certified for quality management systems.

An additional manufacturing unit (Unit 2) is located at the same Palghar site and has been developed to support future capacity expansion. Unit 2 is currently under commissioning, and commercial production has not yet commenced.

Human Resources

As of September 30, 2025, the Company’s workforce comprised 284 employees and 332 contract labourers, supporting manufacturing, quality assurance, logistics, and administrative functions.

With its B2G-focused business model, diversified therapeutic portfolio, expanding manufacturing capacity, and pan-India reach, Hindustan Laboratories Limited plays a significant role in supporting India’s public healthcare supply chain.

Strength Of Hindustan Laboratories IPO

To be announced

Risk Of Hindustan Laboratories IPO

To be announced

Objectives Hindustan Laboratories IPO

To be announced

Company Contact Details

Hindustan Laboratories Ltd. Address

302, A Wing, Victory Park, Chandavarkar Road,

Borivali West, Mumbai, Maharashtra, 400092

Phone: 022-42460500

Email: compliance@hindlab.com

Websitehttps://hindustanlaboratories.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Hindustan Laboratories IPO - FAQs

The Hindustan Laboratories IPO is a MAINBOARD public issue comprising 14100000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Hindustan Laboratories IPO opens on TBA.

Hindustan Laboratories IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Hindustan Laboratories IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Hindustan Laboratories IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Hindustan Laboratories IPO allotment status for updates.

The listing date for the Hindustan Laboratories IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Hindustan Laboratories IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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