Sotac Pharmaceuticals Limited IPO
NSE SMEListed On: Apr 13, 2023 at ₹ 115.0
₹ 266400 /2400 Shares
*Min Investment
29 Mar, 2023
Open Date03 Apr, 2023
Close Date10 Apr, 2023
Allotment Date13 Apr, 2023
Listing DateSotac Pharmaceuticals Limited IPO Live Subscription Details
Sotac Pharmaceuticals Limited IPO Issue Details
- Issue Price ₹105-111 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,000,000 shares(aggregating up to ₹33.30 Cr)
- Listing at NSE SME
- List Price 115.0
- Listing Date 2023-04-13
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar KFin Technologies Limited
Sotac Pharmaceuticals Limited IPO Details
- Retail Portion N/A
Sotac Pharmaceuticals Limited IPO Details
Sotac Pharmaceuticals Limited IPO is an SME IPO, priced at ₹105-111 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 29, 2023 to Apr 3, 2023. The allotment is expected to be finalized on Apr 10, 2023, and the tentative listing date is Apr 13, 2023.
The registrar of the IPO is KFin Technologies Limited, and
Sotac Pharmaceuticals Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 571,800 / 428,400 | 998,400 | 1,998,600 |
Day 1 30-03-23 06:00 PM | 0.00 / 0.00 x | 0.05 x | 0.02 x |
Day 2 31-03-23 06:00 PM | 0.00 / 0.72 x | 0.15 x | 0.23 x |
Day 3 03-04-23 06:00 PM | 1.00 / 4.04 x | 0.91 x | 1.60 x |
Sotac Pharmaceuticals Limited Valuations
Sotac Pharmaceuticals Limited Company Financials
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 6,461.60 | 3,525.35 | 3,469.75 | 3,038.21 |
| Revenue | 3,994.65 | 7,337.02 | 4,894.97 | 2,882.64 |
| Profit After Tax | 46.55 | 287.86 | -236.54 | 8.75 |
About Sotac Pharmaceuticals Limited Company
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.
Sotac Pharmaceuticals Limited - Promoter(s)
Pre Issue Share Holding : %
Post Issue Share Holding : %
Sotac Pharmaceuticals Limited IPO - Issue Objectives
To Meet Working Capital Requirements
Investment in Subsidiary
Upgradation / Construction of Existing /New Building in the Existing Premises
General Corporate Purpose
To meet Public Issue Expenses
Sotac Pharmaceuticals Limited IPO - FAQs
Ans. Sotac Pharmaceuticals Limited IPO is a SME IPO. The issue is priced at ₹105-111 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 29, 2023, and closes on Apr 3, 2023. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sotac Pharmaceuticals Limited IPO opens on Mar 29, 2023 and closes on Apr 3, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sotac Pharmaceuticals Limited IPO is 3,000,000 shares(aggregating up to ₹33.30 Cr).
Ans. The Sotac Pharmaceuticals Limited IPO price band is set between ₹105-111 per equity share.
Ans. To apply for Sotac Pharmaceuticals Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sotac Pharmaceuticals Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sotac Pharmaceuticals Limited IPO is Apr 10, 2023.
Ans. The Sotac Pharmaceuticals Limited IPO will be listed on Apr 13, 2023.
Ans. Follow the steps to check the Sotac Pharmaceuticals Limited IPO allotment status online.
