Sudarshan Pharma IPO will be Open on 09 March 2023 and closes on 14 March 2023. The company has fixed the price of this IPO at ₹71-₹73 according to the face value of ₹10. The company will raise ₹50.10 Crores through this IPO under the 68,62,400 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB, 15% for NII and 35% for Retail Investor. You can check Sudarshan Pharma IPO GMP here.
Sudarshan Pharma Industries Limited is a specialty chemicals and intermediates company for pharma, agrochemicals, coatings, paints, adhesives, and various other industries. The company also into active pharmaceutical ingredient manufacturing. The company is also involved in contract manufacturing, outsourcing, and supplying generic pharmaceutical formulations and medicines to healthcare institutions, governments, non-governmental organizations, and hospitals.
The company operates both in domestic and international markets. Currently, the company supplies active pharmaceutical ingredients. (APIs), intermediate-finished dosage formulations (FDFs), and specialty chemicals (SCs) in the domestic markets.
The company exported to countries like Saudi Arabia, Qatar, Uzbekistan, Bangladesh, Ghana, Georgia, Taiwan, and the Sultanate of Oman. Oman, Muscat, Dubai (UAE), and the UK Further, the company has a product pipeline ready for exports to countries like Southeast Asia, the Middle East, and North Africa (MENA Region)You can check Sudarshan Pharma IPO subscription status here.
Objects Of The Issue :
- To Meet Working Capital Requirements
- General Corporate Purposes
Company Strengths :
- Experienced Promoters and Management Team
- Scalable Business Model
- Wide and diverse range of product offerings
- Strategic Location of Manufacturing Units
- Diversified business operations and revenue base
- Strong sales, marketing, and distribution capabilities
| Read also: Upcoming IPO List 2023 |
Sudarshan Pharma IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹5.30 Cr (March 2022) ₹73/ EQ (Cut Off) ₹5.52 (March 2022) 13.22x (PE Approx) 17.81% (March 2022) ₹30.97 (March 2022) ₹164.02 Cr (Sep 2022) ₹175.68 Cr 80.28% 71.48% |
| Team Review : | ╳ AVOID |
Sudarshan Pharma IPO GMP Live:
Sudarshan Pharma IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 11 Mar 2023 | Check Live GMP | ₹0 |
| 10 Mar 2023 | ₹3-₹4 | ₹0 |
Sudarshan Pharma IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 09 March 2023 |
| IPO Close : | 14 March 2023 |
| IPO Size : | ₹50.10 Cr {68,62,400 Shares} |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹71-₹73 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹50.10 Cr {68,62,400 Shares} |
| Fresh Issue : | ₹50.10 Cr {68,62,400 Shares} |
| Offer For Sale : | ₹. Cr |
Sudarshan Pharma IPO Market Lot :
Sudarshan Pharma IPO Minimum Market lot is 1 Lot with 1600 shares with ₹116,800 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹116,800 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1600 | ₹116,800 |
| Retail (Max) : | 1 | 1600 | ₹116,800 |
| S-HNI (Min) : | 2 | 3200 | ₹233,600 |
Sudarshan Pharma IPO Shares Offer :
A Total of 68,62,400 shares are to be bid for the public issue by Sudarshan Pharma IPO with 68,62,400 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 68,62,400 | ₹50.10 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 68,62,400 | ₹50.10 Cr |
Sudarshan Pharma IPO Net Reservation :
Sudarshan Pharma IPO Net Reservation of 68,62,400 shares are to be bid for the public issue by Sudarshan Pharma IPO with 34,31,200 for QIB and 10,29,360 for NII 24,01,840 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 34,31,200 | ₹25.05 Cr |
| NII : | 15% | 10,29,360 | ₹7.51 Cr |
| RII : | 35% | 24,01,840 | ₹17.53 Cr |
| MMRP : | – % | – | ₹- |
| Total : | 100% | 68,62,400 | ₹50.10 Cr |
Sudarshan Pharma IPO Dates :
Sudarshan Pharma IPO Date is 09 March 2023 and closes on 14 March 2023. The allotment will be finalized on 17 March 2023 and the IPO may list on 22 March 2023.
| Issue Open Date : | 09 March 2023 |
| Issue Close Date : | 14 March 2023 |
| Allotment Date : | 17 March 2023 |
| Refund Date : | 20 March 2023 |
| Share Credit Date : | 21 March 2023 |
| Listing Date : | 22 March 2023 |
Sudarshan Pharma IPO Form :
There are two ways to apply in Sudarshan Pharma IPO. You can apply for Sudarshan Pharma IPO through ASBA available in your bank account. You have to go to your online bank login and select Sudarshan Pharma IPO in the Invest section and apply through your bank account. Another option is you can apply Sudarshan Pharma IPO through IPO form download through NSE and BSE. See the Sudarshan Pharma IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Sudarshan Pharma Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
|---|---|---|---|
| 2022 Sep | ₹19,589.87 | ₹19,108.60 | ₹360.70 |
| 2022 | ₹35,755.89 | ₹35,036.83 | ₹530.36 |
| 2021 | ₹19,372.80 | ₹19,015.34 | ₹267.12 |
| 2020 | ₹14,800.04 | ₹14,628.46 | ₹127.51 |
Company Promoters :
■ Mr. Hemal Vasantrai Mehta
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Sudarshan Pharma IPO Lead Managers :
■ Gretex Corporate Services Pvt Ltd
Sudarshan Pharma IPO Registrar :
Kfin Technologies Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Financial District,
Nanakramguda, Hyderabad 500032, Telangana, India.
Tel. No.: +91 40 6716 2222
Fax No.: +91 40 2343 1551
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com
Note: Check Sudarshan Pharma IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Sudarshan Pharma Industries Ltd
301, 3rd Floor, Aura Biplex,
Above Kalyan Jewellers,
S V Road, Borivali (West),
Mumbai – 400 092, Maharashtra, India.
Tel: 022- 42221111
Email: [email protected]
[email protected]
Website: www.sudarshanpharma.com
Sudarshan Pharma IPO FAQs :
What is Sudarshan Pharma IPO?
Sudarshan Pharma IPO is SME IPO. They are going to raise ₹50.10 Crores via IPO. The issue is priced at ₹71-₹73 per equity share. The IPO to be listed on BSE, SME.
When Sudarshan Pharma IPO will open?
The IPO is to open on 09 Mar – 14 Mar for QIB, NII & RII.
How much is Sudarshan Pharma IPO Size?
Sudarshan Pharma IPO size is ₹50.10 Crores.
How much is the Fresh issue size of Sudarshan Pharma IPO?
The Fresh issue size of Sudarshan Pharma IPO ₹50.10 Cr.
How much is the Offer For Sale size of Sudarshan Pharma IPO?
The Offer For Sale size of Sudarshan Pharma IPO ₹0 Cr.
What is Sudarshan Pharma IPO Price Band?
Sudarshan Pharma IPO Price Band is ₹73 Per share.
What is the Sudarshan Pharma IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹116,800 amount while the maximum bid is 1600 shares with ₹116,800.
How much is Sudarshan Pharma IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Sudarshan Pharma IPO Allotment Date?
Sudarshan Pharma IPO allotment date is 17 March 2023.
When is Sudarshan Pharma IPO Listing Date?
Sudarshan Pharma IPO listing date is 21 March 2023. The IPO to list on BSE, SME.
How to Apply the Sudarshan Pharma IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sudarshan Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sudarshan Pharma IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sudarshan Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sudarshan Pharma IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sudarshan Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sudarshan Pharma IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Sudarshan Pharma IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Sudarshan Pharma GMP: Click Here Sudarshan Pharma Subscription: Click Here Sudarshan Pharma Allotment: Click Here Sudarshan Pharma Listing: Click Here |
All Sudarshan Pharma IPO-related links are available here. If you want to know the details then click on Click Here Link.
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