Pine Oak holds 2,60,000 shares of Bio Medica Lab, translating to a 2.07% stake, as disclosed in the company's first shareholding filing since listing.
Bio Medica Laboratories manufactures pharmaceutical parenteral formulations, specializing in generic injectable drugs for human and veterinary use. Founded in August 2015 and headquartered in Indore, Madhya Pradesh, the company operates a contract manufacturing business with a portfolio of 58 liquid injectables and 15 dry powder injectables. The company listed on the NSE SME platform in May 2026.
Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.
