The Sotac Pharmaceuticals IPO has begun on 29-Mar 2023. It will close on 03 APR 2023. The Total IPO Size is 33.30 Crore. The company set its IPO price is 111 Rs Per Share. Basically, There are three basic categories in Sotac Pharmaceuticals IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs) 3) QIB
Sotac Pharmaceuticals is established in 2015.
Sotac Pharmaceuticals are in business of manufacturing of pharmaceutical products for different marketers on loan license or contract manufacturing basis. They have 162 corporate clients on loan licence and/or contract manufacturing basis.
The Company has marked its presence in both domestic as well as global markets. Our products are supplied in 14 major states in India.The offshore business revenue is primarily derived from USA. The pharmaceutical manufacturing facilities are situated at Sanand GIDC–II in Ahmedabad district of Gujarat.
The group’s therapeutic portfolio includes Anti-Diabetic, Anti-Psychotic, Vitamins, Minerals, Iron, Anti-Cold, AntiAllergic, Derma Products, Antacid, Anti-Ulcerants, PPI, Anti-Emetics, Cardiac, Anti-Hypertensives, Analgesic, AntiPyretic, Anti-Inflammatory, Anti-Bacterial, Anti-Viral, General Antibiotics IP-Lactams & Non-IP-Lactams, Anti-Fungal, Cephalosporin.
The group’s past and present clientele includes renowned pharma marketers and manufactures namely Cadila Pharma, J. B. Chemical, Lincoln Pharma, Intas Pharma, Viatris (Mylan), Makers (Ipca), Corona Remedies, Eris Lifesciences, Stride Pharma, Stalion Pharma, Acme Pharma, Olecare Pharma, Treatwell Pharma, Ronak Healthcare, Curever Pharma, Kentoss Pharma, Sunrest Pharma, Ishan Healthcare etc.
Check :- Upcoming SME IPO 2023
Peers
1) Lincoln Pharmaceuticals
Sotac Pharmaceuticals IPO Promotors
1) Mr. Sharadkumar Dashrathbhai Patel
2) Mr. Dineshkumar Babulal Gelot
3) Mr. Vishalkumar Devrajbhai Patel
4) Mr. Chetankumar Bachubhai Patel
5) Mrs. Kiran Baldevbhai Jotania
Sotac Pharmaceuticals IPO Date, Details & Price Band
| IPO Opening Dates | 29 Mar 2023 |
| IPO Closing Dates | 03 Apr 2023 |
| Price Band | 105-111 Rs Per Share |
| Fresh issue | 33.30 Crore |
| Offer for Sale | NIl |
| Total IPO size | 33.30 Crore |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| QIB | 50% |
| Retail Allocation | 35% |
| Non-Institutional | 15% |
| Listing On | NSE SME |
Sotac Pharmaceuticals IPO Market Lot
The Sotac Pharmaceuticals IPO minimum market lot is 1200 shares With 1,33,200 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 1,33,200 Rs |
| Maximum | 1 | 1200 | 1,33,200 Rs |
| S-HNI (Min) | 2 | 4000 | 2,66,400 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 3,038.21 | 2,882.64 | 8.75 |
| 31-Mar-21 | 3,469.75 | 19,937.49 | -236.54 |
| 31-Mar-22 | 3,525.35 | 7,337.02 | 287.86 |
| EPS (₹) | NAV (₹) | RoNW (%) | borrowings (Lakhs) | |
| 31-Mar-20 | 0.13 | 3.80 | 20.93 | 15.13 |
| 31-Mar-21 | (2.94) | 3.10 | 20.43 | 1,035.80 |
| 31-Mar-22 | 3.58 | 8.23 | 43.47 | 1,134.59 |
Sotac Pharmaceuticals IPO GMP Grey Market Premium
Sotac Pharmaceuticals IPO GMP Grey market premium has been started today. Check Latest Sotac Pharmaceuticals IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Sotac Pharmaceuticals IPO Prospectus
| DRHP | Download |
Sotac Pharmaceuticals IPO Reviews
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Sotac Pharmaceuticals IPO Form Download
Sotac Pharmaceuticals IPO is available on NSE Website as well as on our Portal. Please click here Sotac Pharmaceuticals IPO form Download.
Sotac Pharmaceuticals IPO Allotment Date & Details
| Allotment Date | 10 Apr 2023 |
| Initiation of refunds | 11 Apr 2023 |
| Transfer of shares to Demat accounts | 12 Apr 2023 |
| Listing Date | 13 Apr 2023 |
| Check Allotment Status | Click here |
Registrar of Sotac Pharmaceuticals IPO
KFIN TECHNOLOGIES LIMITED
SEBI Registration Number: INR000000221
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana, India.
Tel. Number: +91 40 6716 2222; Fax: +91 40 2343 1551
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.kfintech.com
Contact Person: Mr. Murali Krishna
CIN: U72400TG2017PLC117649
Sotac Pharmaceuticals Contact Details
Sotac Pharmaceuticals Limited
Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II,
Sanand Ahmedabad – 382110
Phone: +91 90819 93300
Email: [email protected]
Website: http://www.sotacpharma.com/
Sotac Pharmaceuticals IPO Lead Managers
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
SEBI Registration Number: INM000012917
Address: 807, Phoenix, Opp. Girish Cold Drinks, Near Vijay Cross Roads, Navrangpura,
Ahmedabad -380009, Gujarat.
Telephone Number: 079 4840 5357
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322