Sudarshan Pharma IPO GMP, Review, Price, Allotment


Last updated on March 22, 2023

Suarshan Pharma IPO GMP 2023

Sudarshan Pharma IPO description – Incorporated in 2008, Mumbai-based Sudarshan Pharma Industries (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 suppliers in India and abroad.

The generic products supplied by the company have wide applications in the paint, food, pharma, and adhesive industries. The company is involved in contract manufacturing, supplying and outsourcing medicines and pharma formulation to hospitals, NGOs, government, and healthcare institutes. SPIL has 100 pharma formulations supplied under the brand name in the form of tablets, capsules, dry powder, dry injections powder, liquids, injections & dry injections.

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

The company has exported to countries like Saudi Arabia, Qatar, Uzbekistan, Bangladesh, Ghana, Georgia, Taiwan, Sultanate of Oman, (Muscat) Dubai, (UAE) & UK.

Sudarshan Pharma 2023

Promoters of Sudarshan Pharma – Mr. Hemal Vasantrai Mehta & Mr. Sachin Vasantrai Mehta

Sudarshan Pharma IPO Details

Sudarshan Pharma IPO Dates9 – 14 March 2023
Sudarshan Pharma IPO PriceINR 71 – 73 per share
Fresh issue68,62,400 shares (INR 50.10 crore)
Offer For SaleNil
Total IPO size68,62,400 shares (INR 50.10 crore)
Minimum bid (lot size)1,600 shares (INR 116,800)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE SME

Sudarshan Pharma Financial Performance

 FY 2020FY 2021FY 2022Q1 FY 2023
Net income1.282.675.302.25
Figures in INR crore unless specified otherwise

Sudarshan Pharma offers News

Sudarshan Pharma Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio20.94 – 21.53
RONW (%)6.4311.8517.63
ROCE (%)22.6930.3435.29
EBITDA (%)3.233.903.20
*Compiled by IPO Central from Prospectus

Sudarshan Pharma IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
21 Mar 20235
20 Mar 20235
18 Mar 20235
17 Mar 20235
16 Mar 20235
15 Mar 20235
14 Mar 20235
13 Mar 20233
11 Mar 20233
10 Mar 20233
9 Mar 20235
8 Mar 20235

Sudarshan Pharma IPO Subscription – Live Updates

Shares Offered521,6001,908,8003,651,2006,081,600
14 Mar 20231.010.811.201.06
13 Mar 20230.000.580.880.71
10 Mar 20230.000.380.670.52
9 Mar 20230.000.370.470.40

Sudarshan Pharma Offer Lead Manager

Office No. 13, 1st Floor, New Bansilal Building,
Raja Bahadur Mansion, 9-15, Homi Modi Street,
Fort, Mumbai– 400001, Maharashtra, India
Phone: +91 22 4002 5273 / 96532 49863
Email: [email protected]

Sudarshan Pharma Offer Registrar

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

Sudarshan Pharma Contact Details

301,3rd Floor, Aura Biplex,
Above Kalyan Jewellers S. V. Road,
Borivali (West) Mumbai City Maharashtra 400092
Phone: 022- 022- 42221111
E-mail: [email protected]

Sudarshan Pharma IPO Allotment Status

Sudarshan Pharma IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.

Sudarshan Pharma IPO Dates & Listing Performance

Sudarshan Pharma IPO Opening Date9 March 2023
Sudarshan Pharma IPO Closing Date14 March 2023
Finalisation of Basis of Allotment17 March 2023
Initiation of refunds20 March 2023
Transfer of shares to demat accounts21 March 2023
Sudarshan Pharma IPO Listing Date22 March 2023
Opening Price on BSE SMEINR 73 per share (no change)
Closing Price on BSE SMEINR 69.35 per share (down 5%)

Sudarshan Pharma IPO FAQs

What is Sudarshan Pharma’s offer size?

Sudarshan Pharma’s offer size is INR 50.10 crore.

What is Sudarshan Pharma IPO Price Band?

Sudarshan Pharma’s public offer price is INR 71 – 73 per share.

What is the lot size of Sudarshan Pharma IPO?

Sudarshan Pharma offers a lot size is 1,600 shares.

What is Sudarshan Pharma IPO GMP today?

Sudarshan Pharma IPO GMP today is INR 5 per share.

What is Sudarshan Pharma kostak rate today?

Sudarshan Pharma’s kostak rate today is NA per application.

What is Sudarshan Pharma Subject to Sauda rate today?

Sudarshan Pharma Subject to Sauda rate today is INR NA per application.


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