Archive · 6 Aug 2026

Molbio Diagnostics Announces Rs 940 Crore IPO from August 10

Molbio Diagnostics Announces Rs 940 Crore IPO from August 10

Molbio Diagnostics is a company that makes tests to find diseases quickly.

The company is based in Goa, a state in India.

It has announced that it wants to raise money by selling parts of itself, called shares.

This is known as an IPO, or initial public offering.

Molbio hopes to raise 940 crore rupees, which is a very large amount of money.

Each share will cost between 768 and 807 rupees.

People can start buying these shares on August 10, 2026.

The offer will close on August 12, 2026.

The company will use the money to build a new research laboratory and buy new machines.

Some money will also go to its work in Goa and Visakhapatnam.

Sources