GAMP Services Files DRHP for 4.7 M‑Share IPO
GAMP Services Limited, an integrated validation, qualification, compliance consulting and engineering solutions provider to regulated life‑sciences, pharmaceutical and high‑tech industries, submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on 27 October 2026.
The proposed public issue consists of up to 46,93,500 equity shares of ₹10 face value, 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 and Bigshare Services Private Limited as the registrar for the offer.
The objects of the issue are to fund capital expenditure for the purchase of equipment and IT hardware required for the services and data‑logger manufacturing verticals, to finance inorganic growth through acquisitions that have not been identified, and to meet general corporate purposes.
GAMP Services operates across three complementary verticals: Services (including thermal validation, commissioning, qualification & validation, clean‑room validation, computer‑system validation, data‑integrity and bio‑decontamination services); Product Distribution, where the company acts as an authorised channel partner for nine global original equipment manufacturers; and Data Logger Manufacturing, producing indigenously developed 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 3 August 2020 and began commercial operations on 28 December 2020. Pursuant to a Business Transfer Agreement dated 31 March 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.
For the financial year ended 31 March 2026, GAMP Services reported total income of ₹4,605.37 Lakhs, EBITDA of ₹1,518.35 Lakhs and a restated profit after tax of ₹1,096.77 Lakhs.
The release contains forward‑looking statements subject to risks and uncertainties, and notes that the IPO is subject to applicable regulatory requirements and that investors should review the offer documents for risk factors.