Sudarshan Pharma IPO Details: Sudarshan Pharma IPO date is certain, the IPO open on March 9th and closes on March 14, 2023. Sudarshan Pharma is a BSE SME IPO to raise ₹50.10 crores about IPO. Sudarshan Pharma IPO price range is set at £71 to £73 with a market lot 1600 shares.
Sudarshan Pharma Industries Limited (SPIL) diversified its specialty chemicals and intermediates business with a wide range of applications in the pharmaceutical, paint, food and adhesive industries. They are present in both the domestic market and international markets. They export their products to the UK, Australia, Uzbekistan, Syria, Oman, Taiwan and the MENA regions.
Sudarshan Pharma is also involved in contract manufacturing, outsourcing and supply of generic pharmaceutical formulations and medicines to healthcare institutions, governments, NGOs and hospitals. As per customer’s requirement, they outsource the products from suppliers from India and overseas. They have 50 pharmaceutical formulations under their brand name in the form of tablets, ointments, capsules and injectables.
Objects of the output:
- Working Capital Requirements.
- General Business Purposes.
Review of Sudarshan Pharma IPO
| Date | GMP | Kostak | Subject to |
| 6th March | £6 | €- | €- |
Sudarshan Pharma IPO details and price ranges
| IPO open: | March 9, 2023 |
| Close IPO: | March 14, 2023 |
| IPO size: | Approx ₹50.10 crores, 6,862,400 shares |
| face value: | €10 Per equity share |
| IPO price range: | £71 to £73 Per equity share |
| Stock exchange listing on: | BSE SMEs |
| Retail Quota: | 35% of net supply |
| QIB quota: | 50% of net supply |
| NII rate: | 15% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
Sudarshan Pharma IPO market lot
The minimum market lot for the Sudarshan Pharma IPO is 1600 shares with an application amount of ₹116,800.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 1600 | £116,800 |
| retail maximum | 1 | 1600 | £116,800 |
| S-HNI minimum | 2 | 3200 | £233,600 |
Sudarshan Pharma IPO dates
Sudarshan Pharma’s IPO date is March 9th and the closing date of the IPO is March 14th. The IPO grant date is March 17 and the IPO could be listed on March 22.
| IPO opening date: | March 9, 2023 |
| IPO Closing Date: | March 14, 2023 |
| Allocation basis: | March 17, 2023 |
| Refunds: | March 20, 2023 |
| Credit to Demat account: | March 21, 2023 |
| Date of listing: | March 22, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Sudarshan Pharma IPO Form
How to apply for Sudarshan Pharma IPO? You can apply for Sudarshan Pharma IPO through ASBA on your bank account. Just go to online bank login and apply from your bank account by selecting Sudarshan Pharma IPO in Invest section. In the other option, you can apply for Sudarshan Pharma IPO through IPO forms downloaded from BSE website. Check out the Sudarshan Pharma forms – click Download BSE IPO Forms, fill them out and submit to your bank or broker.
Financial Report of Sudarshan Pharma Company
| ₹ in crores | |||
| Year | revenue | Expense | BEAT |
| 2020 | £148 | £146 | ₹1.28 |
| 2021 | €194 | £190 | £2.67 |
| 2022 | £358 | €350 | ₹5.30 |
| 2023 3M | €106 | €103 | ₹2.25 |
Sudarshan Pharma IPO Rating – Fiscal Year 2022
Check Sudarshan Pharma’s IPO valuation details such as earnings per share (EPS), price-to-earnings-per-earnings (P/E), net yield (RoNW) and net asset value (NAV).
| Earnings per share (EPS): | €3.39 per common share |
| Price-Earnings-P/E: | THE |
| Return on Net Worth (RoNW): | 17.63% |
| Net Asset Value (NAV): | £30.54 per common share |
peer group
- Mister. Hemal Vasantrai Mehta
- Mister. Sachin Vasantrai Mehta
Sudarshan Pharma IPO Registrar
KFin Technologies Limited
Telephone: 04067162222, 04079611000
E-mail: [email protected]
Website: https://karisma.kfintech.com/
Sudarshan Pharma IPO Allotment Status
Check Sudarshan Pharma IPO allotment status on KFintech website URL. Click here
IPO Lead Manager of Sudarshan Pharma
- Gretex Corporate Services Pvt Ltd
company address
Sudarshan Pharma Industries Ltd
301, 3rd Floor, Aura Biplex,
Via Kalyan Jewelers SV Road, Borivali (West)
Bombay-400092
Telephone: 022- 42221111
E-mail: [email protected]
Website: http://www.sudarshanpharma.com/
Frequently Asked Questions About Sudarshan Pharma IPO
What is the Sudarshan Pharma IPO?
The Sudarshan Pharma IPO is a BSE IPO for SMEs. They will raise ₹50.10 crores through the IPO. The issue costs 71 to 73 ₹ per share. The IPO is to be listed on the BSE.
When will the Sudarshan Pharma IPO open?
The IPO is scheduled to open on March 9, 2023 for QIB, NII and retail investors.
What is Sudarshan Pharma’s IPO investor share?
The investor share is 50% for QIB, 15% for NII and 35% for Retail.
How to apply for Sudarshan Pharma IPO?
You can apply for Sudarshan Pharma IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to apply for Sudarshan Pharma IPO through Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Sudarshan Pharma”. Click on the 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. Open a Demat account with Zerodha.
How to apply for Sudarshan Pharma IPO via Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Sudarshan Pharma”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to apply for Sudarshan Pharma IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “Sudarshan Pharma”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the Sudarshan Pharma IPO size?
Sudarshan Pharma IPO size is ₹50.10 crores.
What is Sudarshan Pharma’s IPO price range?
Sudarshan Pharma’s IPO price range is £71-£73 per share.
What is the minimum and maximum lot size for Sudarshan Pharma IPO?
The IPO offering is 1600 shares at £116,800.
What is Sudarshan Pharma’s IPO grant date?
The grant date for the Sudarshan Pharma IPO is March 17, 2023.
What is the Sudarshan Pharma IPO listing date?
Sudarshan Pharma’s IPO listing date is March 22, 2023. The IPO is scheduled to be listed on BSE SME. Note: Sudarshan Pharma IPO details will be officially announced. The IPO gray market premium (Sudarshan Pharma IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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