IPO

Sudarshan Pharma Industries Limited (Withdrawn) IPO

NSE SME

Offer Date: Jun 12, 2019 - Jun 21, 2019

₹ 240000 /3200 Shares
*Min Investment

12 Jun, 2019

Open Date

21 Jun, 2019

Close Date

28 Jun, 2019

Allotment Date

02 Jul, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 75/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 34,40,000 Equity Shares of Rs 10/- at a price of Rs 75/- per share aggregating to Rs 25.80 Cr
  • Listing at NSE SME
  • Lead Manager First Overseas Capital Limited
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Sudarshan Pharma Industries Limited (Withdrawn) IPO is an SME IPO, priced at Rs 75/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Jun 12, 2019 to Jun 21, 2019. The allotment is expected to be finalized on Jun 28, 2019, and the tentative listing date is Jul 2, 2019.


The registrar of the IPO is Karvy Computershare Private Limited, and

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IPO Subscription Analysis And Details
Retail
12.00x
Total
15.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 16,32,000 16,32,000 32,64,000
Day 1 - 12-06-19
0.11 x 0.04 x 0.08 x
Day 2 - 13-06-19
0.12 x 0.18 x 0.15 x
Day 3 - 14-06-19
0.13 x 0.32 x 0.23 x
Day 4 - 17-06-19
0.15 x 0.76 x 0.46 x
Day 5 - 18-06-19
0.16 x 0.76 x 0.46 x
Day 6 - 19-06-19
0.16 x 0.77 x 0.46 x
Day 7 - 20-06-19
0.16 x 0.77 x 0.46 x
Day 8 - 21-06-19
0.17 x 0.77 x 0.47 x
Valuations
Earnings Per Share (EPS) Rs 1.81/-
P/E Ratio 41.48
RoNW 12.53%
Net Asset Value ( post issue ) Rs 34.30/-
IPO - Issue Objectives
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; and 

5

To meet the expenses of the Issue.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Sudarshan Pharma Industries Limited 2.19 41.48 12.53% 140.01
  Alembic Limited  2.75 26.43 10.40% 127.71
Shilpa Medicare Limited 2.35 28.81 8.15% 791.53
        TTK Healthcare Limited 3.67 37.87 9.69% 577.55
        Biocon Limited 5.32 43.71 12.17% 5,514.40
        Torrent Pharmaceuticals Limited 5.49 32.68 16.79% 7,462.00