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Sudarshan Pharma Industries SME IPO Date, GMP, Price, Review, Allotment

COVER IMAGE FOR IPO ARTICLES 9
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Incorporated in 2008, Mumbai based Sudarshan Pharma Industries Limited (SPIL) has a contract manufacturing facility to source and supply generic formulations. It is also engaged in import & export activities, and supply of specialty chemicals, API (Active Pharmaceutical Ingredients), and Intermediates. Based on clients’ specifications and requirements, they outsource the manufacturing facility from the suppliers in India and abroad.

The generic products supplied by the company have a wide application in paint, food, pharma, and adhesive industry. The company is involved in a contract manufacturing facility, supply and outsource of medicines and pharma formulation to hospitals, NGO, government and healthcare institutes. SPIL has 50 pharma formulations which are supplied under the brand name in the form of tablets, ointment, capsules, and injectable.

The company has its own sales force and distribution network in 5 states for ethical marketing of pharmaceutical formulation & products under the brand name in Indian and international markets. It also offers formulation development and QC services and provides customised solutions.

The competitive strengths of the company are:

1. Customer-centric and order-driven business model
2. Wide range of product offerings
3. Contract manufacturing facility arrangements
4. Strong distribution, marketing, and sales network
5. Diversified business operations

Date GMP Kostak Subject To Sauda
15 March 2023₹7₹-₹-
14 March 2023₹10₹-₹-
13 March 2023₹10₹-₹-
12 March 2023₹10₹-₹-
11 March 2023₹10₹-₹-
10 March 2023₹10₹-₹-

Sudarshan Pharma Industries SME IPO Date & Price Band.

 IPO Open:Mar 9, 2023
 IPO Close:Mar 14, 2023
 IPO Size:50.10 Crores
 Price Band:₹71 to ₹73 per share
 Listing on:BSE SME
 Retail Portion:Not less than 35% of the Net Issue
 Equity:6,862,400 shares
Face Value: ₹10 per share

Sudarshan Pharma Industries SME IPO Market Lot

The Sudarshan Pharma Industries IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹116,800).

Shares: Minimum 1600 share

Minimum Amount: ₹116,800

Maximum Amount: ₹116,800

Sudarshan Pharma Industries SME IPO Allotment & Listing:

  • Basis of Allotment: Mar 17, 2023
  • Refunds: Mar 20, 2023
  • Credit to Demat accounts: Mar 21, 2023
  • Listing: Mar 22, 2023
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Sudarshan Pharma Industries SME IPO Form

How to apply Sudarshan Pharma IPO? You can apply Sudarshan Pharma IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sudarshan Pharma IPO in the Invest section. The other option you can apply Sudarshan Pharma IPO via IPO forms download via the BSE website. Check out the Sudarshan Pharma forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Sudarshan Pharma Industries SME Company Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-209,926.0219,372.82267.12
31-Mar-2113,752.1835,755.89530.37
31-Mar-2214,703.7410,587.79225.37

Sudarshan Pharma Industries SME IPO Valuation – FY2023

Earning Per Share (EPS):3.39 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):17.63%
Net Asset Value (NAV):30.54 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr. Hemal Vasantrai Mehta 
  • Mr. Sachin Vasantrai Mehta 

Sudarshan Pharma Industries SME IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

Company Address

Sudarshan Pharma Industries Ltd
301,3rd Floor, Aura Biplex,
Above Kalyan Jewellers S. V. Road, Borivali (West)
Mumbai – 400092
Phone: 022- 42221111
Email: [email protected]
Websitehttp://www.sudarshanpharma.com/

Quick Links:

Sudarshan Pharma Industries IPO DRHP

About Sudarshan Pharma Industries SME IPO

Sudarshan Pharma Industries IPO opens on Mar 9, 2023, and closes on Mar 14, 2023. The Sudarshan Pharma Industries IPO bid date is from Mar 9, 2023 10.00 A.M. to Mar 14, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Read Also
Sudarshan Pharma Industries SME Allotment Status
Sudarshan Pharma Industries SME IPO Listing Date Sudarshan Pharma Industries SME IPO Subscription (Live)

Objects of the Issue:

  • Financing the expenditure for opening new stores.
  • To repay of short term borrowings.
  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses

Sudarshan Pharma Industries SME IPO FAQs

What is Sudarshan Pharma Industries SME IPO Open Date for QIB, NII, and Retail?

Sudarshan Pharma Industries SME IPO will open on Mar 9, 2023

Sudarshan Pharma Industries SME IPO Size?

Sudarshan Pharma Industries IPO size is Approx ₹50.10  Crores

Sudarshan Pharma Industries SME IPO Price Band?

Sudarshan Pharma Industries SME IPO Price Band is ₹71 to ₹73 per share

Sudarshan Pharma Industries SME IPO Minimum Lot Size?

The minimum bid is 1600 Shares with a ₹116,800 Minimum Lot Size.

What is Sudarshan Pharma Industries SME IPO Allotment Date?

Sudarshan Pharma Industries SME IPO allotment date is Mar 17, 2023

What is Sudarshan Pharma Industries Listing date?

Sudarshan Pharma Industries SME IPO listing date is Mar 22, 2023. The IPO is to list on NSE SME.

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