Overview
GAMP Services Limited, an integrated validation, qualification, compliance consulting and engineering solutions provider for regulated life‑science, pharmaceutical and high‑tech industries, filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on October 27, 2026 in New Delhi.
IPO Structure
The proposed IPO comprises an issue of up to 46,93,500 equity shares with a face value of ₹10 each, amounting to a total issue size of approximately ₹4.7 crore. The issue is split into a fresh issue of up to 31,93,500 shares and an offer‑for‑sale of up to 15,00,000 shares, to be conducted through a book‑building process. Valmiki Leela Capital Private Limited has been appointed as the Book Running Lead Manager, while Bigshare Services Private Limited will act as the Registrar for the offer.
Objects of the Issue
The proceeds are earmarked for (1) funding capital expenditure towards the purchase of equipment and IT hardware for the company’s services and data‑logger manufacturing verticals, and (2) financing inorganic growth through unidentified acquisitions and general corporate purposes.
Business Overview
GAMP Services operates across three complementary verticals:
- Services: thermal validation, commissioning, qualification & validation (CQV), clean‑room validation, computer‑system validation (CSV) & data integrity, and bio‑decontamination services.
- Product Distribution: authorised channel partner for nine global original equipment manufacturers (OEMs), distributing specialised instrumentation.
- Data Logger Manufacturing: indigenous development of data‑logger systems integrated with “Facility One”, a proprietary 21 CFR Part 11‑compliant software platform developed by its subsidiary.
The company was incorporated on August 3, 2020 and commenced commercial operations on December 28, 2020. Pursuant to a Business Transfer Agreement dated March 31, 2026, it acquired the entire business of M/s. GAMP Services, a partnership firm established in 2016, as a going concern. Its registered office is in Vadodara, Gujarat.
Financial Performance (FY ended March 31, 2026)
- Total Income: ₹4,605.37 Lakhs
- EBITDA: ₹1,518.35 Lakhs
- Restated Profit After Tax (PAT): ₹1,096.77 Lakhs
Disclaimer
The press release contains forward‑looking statements that are subject to risks and uncertainties, including regulatory, economic, market and operational factors, which could cause actual results to differ materially from those expressed or implied. The proposed IPO is subject to applicable regulatory requirements, and investors are advised to refer to the offer documents, including risk factors, before making any investment decision.