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LISTEDSME

Sudarshan Pharma Industries IPO

Open 9th Mar 2023 · Close 14th Mar 2023 · Listing 22nd Mar 2023

Price Band₹71.00–₹73.00
Live GMP₹5.00
Subscription1.06×
Issue Size₹50.10 Cr
Allotment17th Mar 2023

At a glance

Updated 2026-08-31

Sudarshan Pharma Industries is a SME IPO with an issue size of ₹50.10 crore, proposed for listing on BSE SME. The offer opens on 9th Mar 2023 and closes on 14th Mar 2023. The issue structure includes a fresh issue of ₹47.58 crore.

Issue details

Listing atBSE SME
Issue typeBook Build Issue
Issue size₹50.10 Cr
Fresh issue₹47.58 Cr
Face value₹10
Price band₹71.00–₹73.00
Allotment17th Mar 2023
Listing22nd Mar 2023

Grey market

GMP page ↗
Latest GMP₹5.00
GMP / upper price6.85%
Est. listing₹78.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens9th Mar 2023
Closes14th Mar 2023
Allotment17th Mar 2023
Refund20th Mar 2023
Demat21st Mar 2023
Listing22nd Mar 2023

Subscription demand

Full bidding ↗
Total1.06×

Lot size

InvestorLotsSharesAmount
Minimum Bid11600₹116,800

Company

Incorporated2008

Use of proceeds

ObjectAmount
To set up a dedicated manufacturing facility for Pharmaceutical Business₹12.50 Cr
Distribution and Warehousing Centre‘s & Purchase of Corporate Office₹4.50 Cr
Additional Working Capital₹5.25 Cr
General Corporate Expenses₹2.80 Cr

31 Mar 2021

Assets99.26
Total Income193.73
Profit After Tax2.67
NET Worth22.51
Reserves and Surplus12.96
Total Borrowing29.77

31 Mar 2022

Assets137.52
Total Income357.56
Profit After Tax5.30
NET Worth29.78
Reserves and Surplus20.03
Total Borrowing30.59

30 Sep 2022

Assets164.02
Total Income195.90
Profit After Tax3.61
NET Worth51.09
Reserves and Surplus39.97
Total Borrowing49.41
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS5.52
Pre-IPO P/E24.33
Promoter holding pre80.28%
Promoter holding post57.39%
Market cap₹175.68 Cr.

Issue expenses

ExpenseAmount
Lead Manger Fees including Underwriting Commission₹0.18 Cr
Market Making Charges for first year of Listing₹0.04 Cr
Fees Payable to Registrar to the Issue₹0.01 Cr
Fees Payable to Advertising and Marketing Expenses₹0.35 Cr
Fees Payable to Regulators including Stock Exchanges₹0.02 Cr
Payment for Printing & Stationery, Distribution, Postage, etc₹0.02 Cr
Others (Fees Payable to Peer Review Auditor, Fees to Legal Advisors, Marketing Expenses, Brokerage, Processing Fees for Application and Miscellaneous Expenses)₹0.14 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • Gretex Corporate Services Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-31.