Sotac Pharmaceuticals Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Mar 2023

Close Date

03 Apr 2023

Allotment

10 Apr 2023

Listing Date

13 Apr 2023

Exchange

NSE SME

Price Band

₹111

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹111

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

30,00,000 shares (aggregating up to ₹33.30 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹133,200

1 lot

Pre-IPO Holding

80,50,000 shares

Promoters

Post-IPO Holding

1,10,50,000 shares

Promoters

P/E (Pre)

132.14x

UPI Deadline

2023-04-03

Mandate

Anchor AllotmentTue, 28 Mar 2023

Basis of AllotmentMon, 10 Apr 2023

Refund InitiationTue, 11 Apr 2023

Demat CreditWed, 12 Apr 2023

Listing DayThu, 13 Apr 2023

UPI Mandate Deadline2023-04-03

Sale TypeFresh Capital

Net Offer to Public28,50,000 shares (aggregating up to ₹31.64 Cr)

Market Maker Quota1,50,000 shares (aggregating up to ₹1.67 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sotac Pharmaceuticals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Apr 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	150,000	—	₹1.67
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,000,000	100%	₹33.30

IPO Shares Offered

Sotac Pharmaceuticals Ltd. IPO total issue size: ₹33.30 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	150,000	₹1.67	5.00%
Total	3,000,000	₹33.30	100.00%

* Based on upper price band ₹111 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹111.00

Upper Band

Min Investment

₹133,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹266,400
Retail (Max — 13 Lots)	13	15,600	₹1,731,600
S-HNI (Min — 14 Lots)	14	16,800	₹1,864,800
B-HNI (Min — 68 Lots)	68	81,600	₹9,057,600

* Issue Price ₹111 × Lot Size 1,200 shares

IPO Schedule

Anchor

28 Mar 2023

✓ Done

IPO Open

29 Mar 2023

✓ Done

IPO Close

03 Apr 2023

✓ Done

Allotment

10 Apr 2023

✓ Done

Refunds

11 Apr 2023

✓ Done

Demat Credit

12 Apr 2023

✓ Done

Listing Day

13 Apr 2023

✓ Done

₹111.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹111.00 Live Price

About Sotac Pharmaceuticals Ltd.

Incorporated in 2015, Sotac Pharmaceuticals Limited is a part of the SOTAC group, based in Gujarat. The company is in the business of manufacturing pharmaceutical products for different marketers on a loan license or contract manufacturing basis. The company's business is majorly on principle to principle basis with different marketers.SOTAC is serving over 162 corporate clients on a loan license and/or contract manufacturing basis. With their vast experience in the pharmaceutical segment, the company is growing and enlarging its scale of operations every year.Sotac Pharmaceuticals established its manufacturing facility in the year 2017. In the year, the company's manufacturing facility was installed with the capacity to manufacture 90 Crore tables/year, and 14 Crore Capsules/year.With a combined experience of over 59 years in the pharmaceutical manufacturing Industry of the Promoters, the company is blooming and expanding in various horizons.

Objects of the Issue

To Meet Working Capital Requirements

Investment in Subsidiary

Upgradation / Construction of Existing /New Building in the Existing Premises

General Corporate Purpose

Sotac Pharmaceuticals Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹4,895.0

31-Mar-21

₹7,337.0

31-Mar-22

₹3,994.7

30-Sep-22

Profit After Tax (PAT)

-₹236.5

31-Mar-21

₹287.9

31-Mar-22

₹46.6

30-Sep-22

Particulars	30-Sep-22	31-Mar-22	31-Mar-21
Revenue from Operations	3994.65	7337.02	4894.97
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	46.55	287.86	-236.54
Net Worth	797.41	662.19	249.36
Total Assets	6461.60	3525.35	3469.75
Reserves & Surplus	567.41	432.19	19.36
Borrowings	2185.52	1134.59	1035.80
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

6.38%

RoCE

19.03%

Debt/Equity

2.74

Issue Structure & Shareholding

Total Shares Offered30,00,000 (100.00%)

Net Offer to Public28,50,000 shares (aggregating up to ₹31.64 Cr)

Reserved for Market Maker1,50,000 shares (aggregating up to ₹1.67 Cr)

Pre-Issue Promoter Holding80,50,000 shares

Post-Issue Promoter Holding1,10,50,000 shares

P/BV RatioN/A

RoE6.38%

RoCE19.03%

Debt / Equity2.74

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

sotac.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Beeline Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sotac Pharmaceuticals Ltd. IPO subscribed? ▲

Sotac Pharmaceuticals Ltd. IPO is subscribed 1.00 times by Apr 03, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sotac Pharmaceuticals Ltd. IPO retail subscription status? ▼

The Sotac Pharmaceuticals Ltd. IPO retail category is subscribed 1.00 times as of 03 Apr 2023. The retail portion is oversubscribed.

How to subscribe Sotac Pharmaceuticals Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Mar 2023 and closes 03 Apr 2023. Min investment: ₹133,200 (1 lot = 1,200 shares). UPI mandate: 2023-04-03.

How many times Sotac Pharmaceuticals Ltd. IPO subscribed? ▼

The Sotac Pharmaceuticals Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sotac Pharmaceuticals Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Apr 2023. Refunds: on 11 Apr 2023.

When Sotac Pharmaceuticals Ltd. IPO will be listed? ▼

The Sotac Pharmaceuticals Ltd. IPO listing date is 13 Apr 2023, Thursday. Listed on: NSE SME. Issue price: ₹111. Estimated listing: ₹111. GMP: NIL.

When Sotac Pharmaceuticals Ltd. IPO close? ▼

The Sotac Pharmaceuticals Ltd. IPO closes on 03 Apr 2023, Monday. UPI mandate: 2023-04-03. Allotment: 10 Apr 2023. Listing: 13 Apr 2023.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹111.00

Change—

Issue Price₹111.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹111

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹133,200

GMPNIL

Est. Listing₹111

Subscribed1.00x

Open Date29 Mar 2023

Close Date03 Apr 2023

Allotment10 Apr 2023

Listing Date13 Apr 2023

ExchangeNSE SME

UPI Deadline2023-04-03