Sunrest Lifescience Limited IPO
NSE SMEListed On: Nov 20, 2023 at ₹ 84.0
₹ 268800 /3200 Shares
*Min Investment
07 Nov, 2023
Open Date09 Nov, 2023
Close Date15 Nov, 2023
Allotment Date20 Nov, 2023
Listing DateSunrest Lifescience Limited IPO Issue Details
- Issue Price ₹84 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,291,200 shares(aggregating up to ₹10.85 Cr)
- Listing at NSE SME
- List Price 84.0
- Listing Date 2023-11-20
- Lead Manager Mark Corporate Advisors Private Limited
- Registrar Skyline Financial Services Private Ltd
Sunrest Lifescience Limited IPO Details
- Retail Portion 50%
Sunrest Lifescience Limited IPO Details
Sunrest Lifescience Limited IPO is an SME IPO, priced at ₹84 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 Nov 7, 2023 to Nov 9, 2023. The allotment is expected to be finalized on Nov 15, 2023, and the tentative listing date is Nov 20, 2023.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Sunrest Lifescience Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 612,800 | 612,800 | 1,225,600 |
Day 1 07-11-23 06:00 PM | 0.62 x | 5.86 x | 3.24 x |
Day 2 08-11-23 06:00 PM | 2.67 x | 19.88 x | 11.28 x |
Day 3 09-11-23 06:00 PM | 29.17 x | 65.74 x | 48.54 x |
Sunrest Lifescience Limited Valuations
Sunrest Lifescience Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,671.37 | 1,301.97 | 948.15 |
| Revenue | 2,467.05 | 2,690.99 | 1,694.91 |
| Profit After Tax | 204.31 | 77.71 | 16.55 |
About Sunrest Lifescience Limited Company
Sunrest Lifescience Limited offers a diverse range of healthcare and personal care products.
The company's product range includes Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Sunrest Lifescience's product portfolio encompasses an extensive range of drugs such as Anti-Bacterial, Anti Diarrheal, AntiFungal, Anti Malerial, Anti Diabetic, Dental Cure, Anti Protozol, Anti Histamine, Anti-Hypertensive drugs, Cosmetic, Anti Parasitic, Multivitamin, Multimineral, Nutraceutical, and Anti-inflammatory.
The company gets its products manufactured by third-party pharma product manufacturers which also includes Trilend Pharmaceuticals Private Limited (Trilend), a Sunrest group company. The company has 43 third-party manufacturers across these states: Gujarat, Punjab, Maharashtra, Haryana, Himachal Pradesh, Uttarakhand and Madhya Pradesh.
Sunrest Lifescience's clientele includes stockists and Super Stockists & in turn, it is available at Chemist shops, Dispensaries, Hospitals, etc.
With 18 Registered Trademarks for 32 products, Sunrest Lifescience is committed to delivering high-quality products to its customers.
Sunrest Lifescience Limited - Promoter(s)
Mr. Nikhilkumar Y Thakkar, Mr. Amitbhai Shambhulal Thakkar, Mr. Bhagyesh Kiritbhai Parekh and Mr. Bharatkumar V Thakkar.
Pre Issue Share Holding : 100%
Post Issue Share Holding : 69.91%
Sunrest Lifescience Limited IPO - Issue Objectives
Meeting Working Capital Requirements
General Corporate Purpose
Meeting Public Issue Expenses
Sunrest Lifescience Limited IPO - FAQs
Ans. Sunrest Lifescience Limited IPO is a SME IPO. The issue is priced at ₹84 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Nov 7, 2023, and closes on Nov 9, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sunrest Lifescience Limited IPO opens on Nov 7, 2023 and closes on Nov 9, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sunrest Lifescience Limited IPO is 1,291,200 shares(aggregating up to ₹10.85 Cr).
Ans. The Sunrest Lifescience Limited IPO price band is set between ₹84 per equity share.
Ans. To apply for Sunrest Lifescience Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sunrest Lifescience 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 Sunrest Lifescience Limited IPO is Nov 15, 2023.
Ans. The Sunrest Lifescience Limited IPO will be listed on Nov 20, 2023.
Ans. Follow the steps to check the Sunrest Lifescience Limited IPO allotment status online.
