Sunrest Lifescience IPO GMP, Review, Price, Allotment

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Last updated on November 20, 2023

Sunrest Lifescience IPO GMP

Sunrest Lifescience IPO description – The company is engaged in the marketing of OTC generic pharmaceutical products in the domestic market. Sunrest Lifescience offers a range of pharmaceutical products manufactured by third-party manufacturers. It operates in different states of India including Maharashtra, Gujarat, Madhya Pradesh, Orissa, and Rajasthan. The company has a presence in these states through trademarks registered products and/or products under registration.

Sunrest Lifescience deals in Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Its product portfolio comprises of wide range of drugs like Anti-Bacterial, Anti Diarrheal, AntiFungal, Anti Material, Anti Diabetic, Dental Cure, Anti Protozol, Anti Histamine, Anti-Hypertensive drugs, Cosmetic, Anti Parasitic, Multivitamin, Multimineral, Nutraceutical and Anti-inflammatory. The company has 18 registered trademarks for 32 products.

Its business operations are supported by one of its group companies and various third-party manufacturers. Sunrest Lifescience typically works on a third-party manufacturing basis or at times purchase order basis with the manufacturer of pharma products, depending upon the customer’s requirement.

Sunrest Lifescience IPO

Promoters of Sunrest Lifescience – Mr. Nikhilkumar Y Thakkar, Mr. Amitbhai Shambhulal Thakkar, Mr. Bhagyesh Kiritbhai Parekh, and Mr. Bharatkumar V Thakkar


Sunrest Lifescience IPO Details

Sunrest Lifescience IPO Dates7 – 9 November 2023
Sunrest Lifescience Issue PriceINR 84 per share
Fresh issue1,291,200 shares (INR 10.85 crore)
Offer For SaleNil
Total IPO size1,291,200 shares (INR 10.85 crore)
Minimum bid (lot size)1,600 shares (INR 134,400)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Sunrest Lifescience Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Revenue16.9526.8924.645.64
Expenses16.7225.8621.934.66
Net income0.170.782.040.75
Figures in INR Crores unless specified otherwise

Sunrest Lifescience Offer News


Sunrest Lifescience Valuations & Margins

FY 2021FY 2022FY 2023
EPS0.552.596.81
PE ratio12.33
RONW (%)56.1272.4965.59
NAV10.38
EBITDA (%)1.624.1711.89
Debt/Equity 7.722.880.64
*Compiled by IPO Central from Prospectus

Sunrest Lifescience IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
18 November 20231518,000
17 November 20231518,000
16 November 20231518,000
15 November 20231518,000
14 November 20231518,000
11 November 20231518,000
10 November 20231721,000
9 November 20232025,000
8 November 20231718,000
7 November 20231213,000
6 November 2023109,000
4 November 2023109,000

Sunrest Lifescience IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered678,400612,8001,291,200
9 Nov 202326.4565.7445.10
8 Nov 20232.4819.6010.61
7 Nov 20230.555.723.00

Sunrest Lifescience IPO Allotment Status

Sunrest Lifescience IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.


Sunrest Lifescience IPO Dates & Listing Performance

IPO Opening Date7 November 2023
IPO Closing Date9 November 2023
Finalization of Basis of Allotment15 November 2023
Initiation of refunds16 November 2023
Transfer of shares to demat accounts17 November 2023
IPO Listing Date20 November 2023
Opening Price on NSE SMEINR 84 per share (no change)
Closing Price on NSE SMEINR 79.80 per share (down 5%)

Sunrest Lifescience Offer Lead Manager

MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay,
Sant Janabai Road (Service Lane), Off W. E. Highway,
Vile Parle (East), Mumbai-400 057, Maharashtra
Phone: 
+91 22 2612 3208
Email: [email protected]
Website: www.markcorporateadvisors.com


Sunrest Lifescience Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi, 110020
Phone: 011 26812682
Email: [email protected]
Website: www.skylinerta.com


Sunrest Lifescience Contact Details

SUNREST LIFESCIENCE LIMITED
FF-41, Ajay Tenament-6,
Near Canal Near Ritanagar Bus Stand,
Vastral Road, Ahmedabad-382415, Gujarat
Phone: 079 – 29918245
E-mail: [email protected]
Website: www.sunrestlifescience.com


IPO FAQs

What is the Sunrest Lifescience offer size?

Sunrest Lifescience offer size is INR 10.85 crores.

What is the Sunrest Lifescience offer price band?

Sunrest Lifescience public offer price is INR 84 per share.

What is the lot size of the Sunrest Lifescience IPO?

Sunrest Lifescience offer lot size is 1,600 shares.

What is Sunrest Lifescience IPO GMP today?

Sunrest Lifescience IPO GMP today is INR 15 per share.

What is the Sunrest Lifescience kostak rate today?

Sunrest Lifescience kostak rate today is INR NA per application.

What is Sunrest Lifescience Subject to Sauda rate today?

Sunrest Lifescience Subject to Sauda rate today is INR 18,000 per application.

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