Skip to main content
Back to SME IPOs

Price Band

₹208

Lot Size

600 shares

Issue Size

₹30.24 Cr

Open

18 Jun 2026

Close

22 Jun 2026

Subscription

353×

IPO Schedule

Issue Open Date 18 Jun 2026
Issue Close Date 22 Jun 2026
Listing Date 24 Jun 2026

About Avience Biomedicals

Avience Biomedicals Limited is a medical consumables company that manufactures in vitro diagnostic (IVD) products and medical devices. The company’s product portfolio includes diagnostic kits for diseases such as COVID-19, HIV, malaria, dengue, and HBsAg, as well as serology products, biochemistry analysers, biochemistry reagents, culture media, and other medical consumables. In addition to manufacturing, the company also operates as a distributor and trader of medical equipment. Its products are supplied to pathology laboratories, microbiology laboratories, hospitals, research centres, government organisations, and distributors across India, and some exports too. Avience Biomedicals operates its manufacturing facility in Noida, Uttar Pradesh. This unit is equipped for the production of diagnostic kits, reagents, analysers, and related healthcare products. The company also has its registered office in New Delhi and has been allotted land in the Medical Device Park in the Yamuna Expressway Industrial Development Area, Uttar Pradesh.

Company Details

Founders / Promoters

Mr Dharam Deo Choudhary

Founded

2019

Registrar

SKYLINE

Documents

DRHP / RHP Document (PDF)

View official prospectus →

Investment Analysis

Avience Biomedicals — IPOFins Verdict

Quantitative

Driven by QIB demand at 196.8x and elevated disclosed risk (7/10), Avience Biomedicals listed at a premium of 90.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.

  • The company claims to have a diversified portfolio of in-vitro diagnostic (IVD) products and medical devices. Its offerings include rapid diagnostic test kits for infectious diseases, serology product
  • The company is ISO:13485 certified for medical device quality management systems and ISO:9001 certified for quality management systems. It also claims that its products comply with CE standards and Go
  • The company operates both as a manufacturer of diagnostic products and a distributor and trader of medical equipment. In addition, it is a channel partner for Mindray, allowing it to offer biochemistr
  • The company claims to have an in-house team of service engineers that provides installation, training, and maintenance support for medical equipment. This allows it to offer post-sales technical suppo
  • The company has established a manufacturing facility in Noida, Uttar Pradesh, and has also been allotted industrial land in the Medical Device Park at YEIDA. The proposed facility within the medical d
Score breakdown — what drove this verdict
Disclosed Risk 7/10

High risk from DRHP → score -0.8

QIB Demand 196.8×

Institutional subscription → score +2.0

Retail Demand 397.0×

Strong retail interest → score +0.5

Listing Performance +90.0%

Actual listing outcome → score +1.5

SME Liquidity Discount SME

SME IPOs have lower liquidity after listing → score −0.5

Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →

Risk: 7/10
Consider Applying How we score

IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.

Listing Performance

Issue Price

₹208

Listing Price

₹395.2

Listing Gain/Loss

+90.00%

Listing Date

24 Jun 2026

Price Since Listing

Returns are measured against the ₹208 issue price.

Listing

₹395.2

+90.0%

Current

₹247

+18.8%

Want to buy this stock?

Trade Avience Biomedicals on the secondary market

FAQ

What is the price band of Avience Biomedicals IPO?

The price band is ₹208 per share with a lot size of 600 shares. Minimum investment: ₹1,24,800.

What does Avience Biomedicals do?

Avience Biomedicals Limited is a medical consumables company that manufactures in vitro diagnostic (IVD) products and medical devices. The company’s product portfolio includes diagnostic kits for diseases such as COVID-19, HIV, malaria, dengue, and HBsAg, as well as serology products, biochemistry analysers, biochemistry reagents, culture media, and other medical consumables. In addition to manufacturing, the company also operates as a distributor and trader of medical equipment. Its products are supplied to pathology laboratories, microbiology laboratories, hospitals, research centres, government organisations, and distributors across India, and some exports too. Avience Biomedicals operates its manufacturing facility in Noida, Uttar Pradesh. This unit is equipped for the production of diagnostic kits, reagents, analysers, and related healthcare products. The company also has its registered office in New Delhi and has been allotted land in the Medical Device Park in the Yamuna Expressway Industrial Development Area, Uttar Pradesh.

Should I apply for Avience Biomedicals IPO?

Avience Biomedicals listed at ₹395.2 (+90.0% premium to the ₹208 issue price) after 353.0x subscription. IPOFins Score 8/10: Driven by QIB demand at 196.8x and elevated disclosed risk (7/10), Avience Biomedicals listed at a premium of 90.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.

Who founded Avience Biomedicals?

Avience Biomedicals was founded by Mr Dharam Deo Choudhary in 2019.