Sudarshan Pharma Industries Limited (Withdrawn) IPO
NSE SME₹ 240000 /3200 Shares
*Min Investment
12 Jun, 2019
Open Date21 Jun, 2019
Close Date28 Jun, 2019
Allotment Date02 Jul, 2019
Listing DateIPO 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Sudarshan Pharma Industries Limited (Withdrawn) IPO is an SME IPO, priced at Rs 75/- Per Equity Share .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
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 16,32,000 | 16,32,000 | 32,64,000 |
Day 1 - 12-06-19 | 1,87,200 0.11 x | 62,400 0.04 x | 2,49,600 0.08 x |
Day 2 - 13-06-19 | 1,90,400 0.12 x | 2,89,600 0.18 x | 4,80,000 0.15 x |
Day 3 - 14-06-19 | 2,16,000 0.13 x | 5,18,400 0.32 x | 7,34,400 0.23 x |
Day 4 - 17-06-19 | 2,48,000 0.15 x | 12,44,800 0.76 x | 14,92,800 0.46 x |
Day 5 - 18-06-19 | 2,54,400 0.16 x | 12,44,800 0.76 x | 14,99,200 0.46 x |
Day 6 - 19-06-19 | 2,54,400 0.16 x | 12,49,600 0.77 x | 15,04,000 0.46 x |
Day 7 - 20-06-19 | 2,54,400 0.16 x | 12,62,400 0.77 x | 15,16,800 0.46 x |
Day 8 - 21-06-19 | 2,78,400 0.17 x | 12,54,400 0.77 x | 15,32,800 0.47 x |
Valuations
IPO - Issue Objectives
To set up a dedicated manufacturing facility for Pharmaceutical Business;
Distribution and Warehousing Centre's & Purchase of Corporate Office;
Additional Working Capital;
General Corporate Expenses; and
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 |
IPO - FAQs
Ans. Sudarshan Pharma Industries Limited (Withdrawn) IPO is a SME IPO. The issue is priced at Rs 75/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Jun 12, 2019, and closes on Jun 21, 2019. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sudarshan Pharma Industries Limited (Withdrawn) IPO opens on Jun 12, 2019 and closes on Jun 21, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sudarshan Pharma Industries Limited (Withdrawn) IPO is 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.
Ans. The Sudarshan Pharma Industries Limited (Withdrawn) IPO price band is set between Rs 75/- Per Equity Share .
Ans. To apply for Sudarshan Pharma Industries Limited (Withdrawn) IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sudarshan Pharma Industries Limited (Withdrawn) 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 Sudarshan Pharma Industries Limited (Withdrawn) IPO is Jun 28, 2019.
Ans. The Sudarshan Pharma Industries Limited (Withdrawn) IPO will be listed on Jul 2, 2019.
Ans. Follow the steps to check the Sudarshan Pharma Industries Limited (Withdrawn) IPO allotment status online.
