Curis Lifesciences Ltd IPO

LISTED
SME

NSE • Lot Size: 1000 • Pharmaceuticals

Issue128
Listed146.1+14%
Now130+1.6%
1.6%

*Last updated on 11 Jan 2026

Price Band

₹120 - ₹128

Lot Size

1000

Issue Size

₹27.52 Cr

GMP

N/A

Subscription

74.39x

Analyzing...

IPO Schedule

1

Open

7 Nov 2025

2

Close

11 Nov 2025

3

Allotment

12 Nov 2025

4

Listing

14 Nov 2025

About Curis Lifesciences Ltd

Curis Lifesciences Ltd is an SME engaged in the marketing and distribution of pharmaceutical products. They operate primarily through third-party manufacturers, focusing on branded generics and specialty products.

Key Strengths

  • High Return on Equity (ROE) of 55.25% indicates efficient utilization of shareholder funds.
  • Relatively low Price-to-Earnings (P/E) ratio of 12.44 suggests a potentially undervalued offering compared to industry peers (though SME valuations differ).
  • Established distribution network and relationships with key stakeholders.
  • Focus on branded generics and specialty products allows for potentially higher margins compared to commodity generics.
  • Experienced management team with a proven track record in the pharmaceutical industry.

Risk Factors

  • Reliance on third-party manufacturers exposes the company to supply chain disruptions and quality control issues.
  • Competition from larger, more established pharmaceutical companies with greater resources.
  • Dependence on regulatory approvals and changes in government policies related to pharmaceuticals.

Valuation Analysis

The IPO appears reasonably valued considering the company's ROE and P/E ratio, but investors should consider the risks associated with SME IPOs and the company's reliance on third-party manufacturers before investing.

IPO Details

ExchangeNSE
SegmentSME
ISININE1BZN01016
NSE SymbolCURIS
Face Value10
Lot Size1000
Issue Size₹27.52 Cr

Key Metrics

ROE55.25%
ROCE27.83%
P/E Ratio12.44
Industry P/E25
EPS10.29
PAT Margin12.43%
Debt/Equity0.96

Growth & Quality

Revenue Growth (YoY)41.2%
ProfitableYes ✓
Anchor Investors7

Subscription

Total3.07x
Imbalance Ratio1.3x

Documents

Registrar

LINK

Key Dates

Open Date7 Nov 2025
Close Date11 Nov 2025
Allotment12 Nov 2025
Listing14 Nov 2025