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Sudarshan Pharma Industries Ltd

Sudarshan Pharma Industries Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹73
₹73
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹73
Based on GMP
Min. Investment
₹116,800
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
09 Mar 2023
Close Date
14 Mar 2023
Allotment
17 Mar 2023
Listing Date
22 Mar 2023
Exchange
BSE SME
Price Band
₹73
Listing Price
See chart
Allotment Status
Price Band
₹73
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
68,62,400 shares (aggregating up to ₹50.10 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹116,800
1 lot
Pre-IPO Holding
95,46,998 shares
Promoters
Post-IPO Holding
1,29,86,998 shares
Promoters
P/E (Pre)
24.33x
 
UPI Deadline
2023-03-14
Mandate
Anchor AllotmentWed, 08 Mar 2023
Basis of AllotmentFri, 17 Mar 2023
Refund InitiationMon, 20 Mar 2023
Demat CreditTue, 21 Mar 2023
Listing DayWed, 22 Mar 2023
UPI Mandate Deadline2023-03-14
Sale TypeFresh Capital
Net Offer to Public65,18,400 shares (aggregating up to ₹47.58 Cr)
Market Maker Quota3,44,000 shares (aggregating up to ₹2.51 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sudarshan Pharma Industries Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Mar 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
344,000
₹2.51
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,862,400
100% ₹50.10
IPO Shares Offered
Sudarshan Pharma Industries Ltd IPO total issue size: ₹50.10 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 344,000 ₹2.51
5.01%
Total 6,862,400 ₹50.10
100.00%
* Based on upper price band ₹73 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹73.00
Upper Band
Min Investment
₹116,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹233,600
Retail (Max — 13 Lots)1320,800₹1,518,400
S-HNI (Min — 14 Lots)1422,400₹1,635,200
B-HNI (Min — 68 Lots)68108,800₹7,942,400
* Issue Price ₹73 × Lot Size 1,600 shares
IPO Schedule
Anchor
08 Mar 2023
✓ Done
IPO Open
09 Mar 2023
✓ Done
IPO Close
14 Mar 2023
✓ Done
Allotment
17 Mar 2023
✓ Done
Refunds
20 Mar 2023
✓ Done
Demat Credit
21 Mar 2023
✓ Done
Listing Day
22 Mar 2023
✓ Done
Sudarshan Pharma Industries Ltd — Live Price LIVE
₹73.00
INR · BSE
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Issue ₹73.00 Live Price
About Sudarshan Pharma Industries Ltd
Incorporated in 2008, Mumbai based Sudarshan Pharma Industries Limited (SPIL) has a contract manufacturing facility to source and supply generic formulations. It is also engaged in import & export activities, and supply of specialty chemicals, API (Active Pharmaceutical Ingredients), and Intermediates. Based on clients' specifications and requirements, they outsource the manufacturing facility from the suppliers in India and abroad.The generic products supplied by the company have a wide application in paint, food, pharma, and adhesive industry. The company is involved in a contract manufacturing facility, supply and outsource of medicines and pharma formulation to hospitals, NGO, government and healthcare institutes. SPIL has 50 pharma formulations which are supplied under the brand name in the form of tablets, ointment, capsules, and injectable.The company has its own sales force and distribution network in 5 states for ethical marketing of pharmaceutical formulation & products under the brand name in Indian and international markets. It also offers formulation development and QC services and provides customised solutions.The competitive strengths of the company are:1. Customer-centric and order-driven business model2. Wide range of product offerings3. Contract manufacturing facility arrangements4. Strong distribution, marketing, and sales network5. Diversified business operations
Objects of the Issue
1
To set up a dedicated manufacturing facility for Pharmaceutical Business
2
Distribution and Warehousing Centre‘s & Purchase of Corporate Office
3
Additional Working Capital
4
General Corporate Expenses
Sudarshan Pharma Industries Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹19,372.8
31-Mar-21
₹35,755.9
31-Mar-22
₹19,589.9
30-Sep-22
Profit After Tax (PAT)
₹267.1
31-Mar-21
₹530.4
31-Mar-22
₹360.7
30-Sep-22
Particulars30-Sep-2231-Mar-2231-Mar-21
Revenue from Operations 19589.87 35755.89 19372.82
EBITDA N/A N/A N/A
Profit After Tax (PAT) 360.70 530.37 267.12
Net Worth 5108.79 2977.53 2250.74
Total Assets 16402.22 13752.18 9926.02
Reserves & Surplus 3996.89 2002.63 1296.05
Borrowings 4940.50 3059.24 2977.09
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered68,62,400 (100.00%)
Net Offer to Public65,18,400 shares (aggregating up to ₹47.58 Cr)
Reserved for Market Maker3,44,000 shares (aggregating up to ₹2.51 Cr)
Pre-Issue Promoter Holding95,46,998 shares
Post-Issue Promoter Holding1,29,86,998 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Gretex Corporate Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sudarshan Pharma Industries Ltd IPO subscribed?

Sudarshan Pharma Industries Ltd IPO is subscribed 1.00 times by Mar 14, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sudarshan Pharma Industries Ltd IPO retail subscription status?

The Sudarshan Pharma Industries Ltd IPO retail category is subscribed 1.00 times as of 14 Mar 2023. The retail portion is oversubscribed.

How to subscribe Sudarshan Pharma Industries Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 Mar 2023 and closes 14 Mar 2023. Min investment: ₹116,800 (1 lot = 1,600 shares). UPI mandate: 2023-03-14.

How many times Sudarshan Pharma Industries Ltd IPO subscribed?

The Sudarshan Pharma Industries Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sudarshan Pharma Industries 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: 17 Mar 2023. Refunds: on 20 Mar 2023.

When Sudarshan Pharma Industries Ltd IPO will be listed?

The Sudarshan Pharma Industries Ltd IPO listing date is 22 Mar 2023, Wednesday. Listed on: BSE SME. Issue price: ₹73. Estimated listing: ₹73. GMP: NIL.

When Sudarshan Pharma Industries Ltd IPO close?

The Sudarshan Pharma Industries Ltd IPO closes on 14 Mar 2023, Tuesday. UPI mandate: 2023-03-14. Allotment: 17 Mar 2023. Listing: 22 Mar 2023.