Sotac Pharmaceuticals IPO description – Incorporated in 2015, Sotac Pharmaceuticals is part of the SOTAC group, based in Gujarat. It is in the business of manufacturing pharmaceutical products for different marketers on a loan license or contract manufacturing basis. Its business is majorly on principle to principle basis with different marketers.
It caters to 162 corporate clients on a loan license and/or contract manufacturing basis. In the year 2022, the company’s manufacturing facility had annual capacity to manufacture 360 crore tablets, 32.4 crore capsules, 2,160 Kilo Liter syrup, and 324 Tons of external preparation.
The company’s manufacturing facilities – which are WHO-GMP accredited – are situated at Sanand GIDC–II in Ahmedabad district of Gujarat and its infrastructure consists of comprehensive production unit, quality control department, quality assurance microbiological laboratory, raw material and finished product storage.
Promoters of Sotac Pharmaceuticals – Mr. Sharadkumar Dashrathbhai Patel, Mr. Dineshkumar Babulal Gelot, Mr. Vishalkumar Devrajbhai Patel, Mr. Chetankumar Bachubhai Patel, and Mrs. Kiran Baldevbhai Jotania
Sotac Pharmaceuticals IPO Details
| Sotac Pharmaceuticals IPO Dates | 29 March – 3 April 2023 |
| Sotac Pharmaceuticals IPO Price | INR 105 – 111 per share |
| Fresh issue | 30,00,000 shares (INR 31.50 – 33.30 crores) |
| Offer For Sale | Nil |
| Total IPO size | 30,00,000 shares (INR 31.50 – 33.30 crores) |
| Minimum bid (lot size) | 1,200 shares (INR 133,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Sotac Pharmaceuticals Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 |
| Revenue | 28.60 | 43.44 | 73.15 | 30.75 |
| Expenses | 27.85 | 42.31 | 68.68 | 26.56 |
| Net income | 0.71 | 0.86 | 2.88 | 3.10 |
Sotac Pharmaceuticals Offer News
- Sotac Pharmaceuticals RHP
- Sotac Pharmaceuticals Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sotac Pharmaceuticals Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.05 | 1.07 | 3.58 |
| PE ratio | – | – | 29.33 – 31.01 |
| RONW (%) | 20.93 | 20.43 | 43.47 |
| NAV | – | – | 8.23 |
| ROCE (%) | 17.90 | 25.41 | 68.85 |
| EBITDA (%) | 7.19 | 6.44 | 8.36 |
| Debt/Equity | 2.13 | 1.59 | 1.04 |
Sotac Pharmaceuticals IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 12 Apr 2023 | 10 | – | – |
| 11 Apr 2023 | 10 | – | – |
| 7 Apr 2023 | 10 | – | – |
| 6 Apr 2023 | 10 | – | – |
| 5 Apr 2023 | 10 | – | – |
| 3 Apr 2023 | 10 | – | – |
| 31 Mar 2023 | 10 | – | – |
| 29 Mar 2023 | 10 | – | – |
| 28 Mar 2023 | 10 | – | – |
Sotac Pharmaceuticals IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 1,500,000 | 450,000 | 1,050,000 | 3,000,000 |
| 3 Apr 2023 | 0.38 | 3.84 | 0.86 | 1.07 |
| 31 Mar 2023 | 0.00 | 0.69 | 0.14 | 0.15 |
| 29 Mar 2023 | 0.00 | 0.00 | 0.05 | 0.02 |
Sotac Pharmaceuticals Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks,
Near Vijay Cross Roads, Navrangpura, Ahmedabad -380009
Phone: 079 4840 5357
Email: [email protected]
Website:Â www.beelinemb.com
Sotac Pharmaceuticals Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]
Website:Â www.kfintech.com
Sotac Pharmaceuticals Contact Details
SOTAC PHARMACEUTICALS LIMITED
Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II,
Sanand Ahmedabad -382110, Gujarat
Phone: +91 90819 93300
E-mail: [email protected]
Website: www.sotacpharma.com
Sotac Pharmaceuticals IPO Allotment Status
Sotac Pharmaceuticals IPO allotment status is now available on KFin Tech website. Click on this link to get allotment status.
Sotac Pharmaceuticals IPO Dates & Listing Performance
| IPO Opening Date | 29 March 2023 |
| IPO Closing Date | 3 April 2023 |
| Finalisation of Basis of Allotment | 10 April 2023 |
| Initiation of refunds | 11 April 2023 |
| Transfer of shares to demat accounts | 12 April 2023 |
| Sotac Pharmaceuticals IPO Listing Date | 13 April 2023 |
| Opening Price on NSE SME | INR 115 per share (up 3.6%) |
| Closing Price on NSE SME | INR 120.75 per share (up 8.78%) |
Sotac Pharmaceuticals IPO FAQs
What is the Sotac Pharmaceuticals offer size?
Sotac Pharmaceuticals offer size is INR 31.50 – 33.30 crores.
What is Sotac Pharmaceuticals IPO Price Band?
Sotac Pharmaceuticals public offer price is INR 105 – 111 per share.
What is the lot size of the Sotac Pharmaceuticals IPO?
Sotac Pharmaceuticals offer a lot size is 1,200 shares.
What is Sotac Pharmaceuticals IPO GMP today?
Sotac Pharmaceuticals IPO GMP today is INR 10 per share.
What is the Sotac Pharmaceuticals kostak rate today?
Sotac Pharmaceuticals kostak rate today is NA per application.
What is Sotac Pharmaceuticals Subject to Sauda rate today?
Sotac Pharmaceuticals Subject to Sauda rate today is INR NA per application.
