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Sudeep Pharma IPO

Sudeep Pharma IPO — date, price band, lot size & details 2025

Sudeep Pharma listed on 28 Nov 2025 at ₹730, 23.1% above the ₹593 issue price.

**Sudeep Pharma** IPO is attracting good interest from investors. The company is engaged in manufacturing and supplying pharmaceutical excipients and specialty chemicals used in medicines and healthcare products. It has a strong presence in both domestic and export markets. The IPO aims to raise funds for business expansion, working capital needs, and strengthening its market position. Investors are watching the issue considering its growth potential and industry demand.

Stock price

Sudeep Pharma is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 11 October.

Key dates Listed
  1. Open 21 Nov 2025
  2. Close 25 Nov 2025
  3. Allotment 26 Nov 2025
  4. Refund/credit 27 Nov 2025
  5. Listing 28 Nov 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 21 to 25 Nov, 2025
Price Band ₹563 – ₹593
Face Value ₹1
Lot Size 25 Shares
Issue Size ₹895 Cr
Sale Type Fresh capital cum OFS
Listing On BSE & NSE
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,825
Reservation
QIB 50%
NII 15%
Retail 35%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 25 shares at the ₹593 cut-off. Drag to size your application.

shares
1 lot lots
Application Lots Shares Amount
Retail (min) 1 25 ₹14,825
Retail (max) 13 325 ₹1,92,725
S-HNI (min) 14 350 ₹2,07,550
S-HNI (max) 67 1,675 ₹9,93,275
B-HNI (min) 68 1,700 ₹10,08,100

Three years of numbers

All figures in ₹ crore, as reported in the Sudeep Pharma offer document.

Total income
565.55
476
959
566
31 Mar 2231 Mar 2331 Mar 24
Profit after tax
-16.98
-72
-102
-17
31 Mar 2231 Mar 2331 Mar 24
EBITDA
84.11
58
108
84
31 Mar 2231 Mar 2331 Mar 24
Metric 31 Mar 24 31 Mar 23 31 Mar 22
Revenue 565.55 959.21 475.51
OPM % 7.65
EBITDA 84.11 107.97 57.82
Net Profit -16.98 -102.35 -71.70
Debt 533.51 437.06 384.79
Assets 2,134.35 1,859.84 1,863.50

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Sudeep Pharma RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
53.55
EPS (₹)
11.07
RoCE
35
RoNW
27.88
PAT Margin
27.63

Sudeep Pharma IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹11.07
P/E Ratio (x) 53.55
Market Cap at Offer Price (₹ Cr) ₹-909.59

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹593 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹88.48 Cr of the issue is earmarked to named objects.

Capital expenditure towards procurement of machinery for the production line located at Nandesari Facility I ₹75.81 Cr
General corporate purposes ₹12.67 Cr

About the company

Sudeep Pharma Limited is an India-based pharmaceutical company known for its specialization in mineral-based excipients and active ingredients used across pharma, nutraceutical, and food industries. Established with a focus on quality and innovation, the company has built a strong presence over the years by catering to both domestic and international markets. Promoted by experienced industry professionals, Sudeep Pharma has developed deep technical expertise and a reputation for consistent product standards, regulatory compliance, and customer-centric operations.

The company primarily manufactures calcium-based and mineral ingredients such as calcium carbonate, calcium citrate, and other specialty compounds widely used in tablets, dietary supplements, and fortified food products. Its business model is largely B2B, supplying to pharmaceutical companies, nutraceutical brands, and global distributors. By focusing on quality certifications, scalable manufacturing, and long-term client relationships, the company aims to sustain growth and expand its footprint in regulated and semi-regulated markets worldwide.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Avani Sujit Bhayani, Bhayani Family Trust, Riva Resources Pvt.Ltd, Shanil Sujit Bhayani, Sujeet Jaysukh Bhayani (HUF), Sujit Jaysukh Bhayani
Promoter holding
89.37% → 76.15%
Pre-issue → post-issue
Registered office
129/1/A, GIDC Estate, Nandesari, Vadodara, Gujarat, 391340
+91 265 284 0656

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
ICICI Securities View track record →
Book-running lead manager
IIFL Capital Services Limited View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

Sudeep Pharma IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

ICICI Securities

23 issues handled
Listed in Profit 68.2% 15 of 22 listed
Avg Listing Gain +11.8% across 22 issues
Listed Below Issue 7 of 22 listed

Best listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).

IIFL Capital Services Limited

32 issues handled
Listed in Profit 69% 20 of 29 listed
Avg Listing Gain +13.5% across 29 issues
Listed Below Issue 9 of 29 listed

Best listing: Orient Cables (India) (+65.4%). Weakest: Acevector (-11.5%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Sudeep Pharma
Email

Frequently asked

What is the GMP of Sudeep Pharma?

The current Grey Market Premium is ₹0.

What is the Sudeep Pharma IPO price band?

₹563 to ₹593, on a face value of ₹1.

When is the allotment?

The basis of allotment is 26 November 2025, with listing on 28 November 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Sudeep Pharma IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
93.72×
Min bid
₹14,825
Size my application