Sotac Pharmaceuticals IPO GMP, Review, Price, Allotment


Last updated on April 13, 2023

Sotac Pharmaceuticals IPO GMP

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.

Sotac Pharmaceuticals

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 Dates29 March – 3 April 2023
Sotac Pharmaceuticals IPO PriceINR 105 – 111 per share
Fresh issue30,00,000 shares (INR 31.50 – 33.30 crores)
Offer For SaleNil
Total IPO size30,00,000 shares (INR 31.50 – 33.30 crores)
Minimum bid (lot size)1,200 shares (INR 133,200)
Face Value INR 10 per share
Retail Allocation35%

Sotac Pharmaceuticals Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Net income0.710.862.883.10
Figures in INR Crores unless specified otherwise

Sotac Pharmaceuticals Offer News

Sotac Pharmaceuticals Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio29.33 – 31.01
RONW (%)20.9320.4343.47
ROCE (%)17.9025.4168.85
EBITDA (%)7.196.448.36
*Compiled by IPO Central from Prospectus

Sotac Pharmaceuticals IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
12 Apr 202310
11 Apr 202310
7 Apr 202310
6 Apr 202310
5 Apr 202310
3 Apr 202310
31 Mar 202310
29 Mar 202310
28 Mar 202310

Sotac Pharmaceuticals IPO Subscription – Live Updates

Shares Offered1,500,000450,0001,050,0003,000,000
3 Apr 20230.383.840.861.07
31 Mar 20230.000.690.140.15
29 Mar 20230.

Sotac Pharmaceuticals Offer Lead Manager

807, Phoenix, Opp. Girish Cold Drinks,
Near Vijay Cross Roads, Navrangpura, Ahmedabad -380009
Phone: 079 4840 5357
Email: [email protected]

Sotac Pharmaceuticals Offer Registrar

Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]

Sotac Pharmaceuticals Contact Details

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]

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 Date29 March 2023
IPO Closing Date3 April 2023
Finalisation of Basis of Allotment10 April 2023
Initiation of refunds11 April 2023
Transfer of shares to demat accounts12 April 2023
Sotac Pharmaceuticals IPO Listing Date13 April 2023
Opening Price on NSE SMEINR 115 per share (up 3.6%)
Closing Price on NSE SMEINR 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.


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