Listed Price₹115.00
Listing Gain+3.60%
Price Band₹105 - ₹111
Lot Size1,200 shares
Min Bid₹1,33,200
Subscription1.6x
Listed Market Snapshot
₹115.00Listed price from market data
+3.60%listing gain
Issue Amount
₹33.3 Cr
Listed Price
₹115.00
Current Price
₹111
Registrar
Kfin Technologies Limited
Timeline•Bookbuilding IPO
Open29 Mar 2023
Close03 Apr 2023
Allotment10 Apr 2023
Listing13 Apr 2023
Quota Reservation Portions
QIBPortion: 14,23,200 shares
47.44%Nii (hni)Portion: 4,28,400 shares
14.28%RetailPortion: 9,98,400 shares
33.28%Market MakerPortion: 1,50,000 shares
5%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,33,200HNI2 lots / 2,400 shares
₹2,66,400About the Company
Incorporated in 2015, Sotac Pharmaceuticals Limited, part of the Gujarat-based SOTAC Group, is engaged in manufacturing pharmaceutical products for various marketers on a loan license and contract manufacturing basis. Serving over 162 corporate clients, the company operates primarily on a principal-to-principal model. Established in 2017, its manufacturing facility has an annual capacity of 90 crore tablets and 14 crore capsules. Backed by promoters with over 59 years of combined industry experience, Sotac Pharmaceuticals continues to expand and strengthen its presence in the pharmaceutical sector.
Company Promoters
Mr. Sharadkumar Dashrathbhai PatelMr. Dineshkumar Babulal GelotMr. Vishalkumar Devrajbhai PatelMr. Chetankumar Bachubhai PatelMrs. Kiran Baldevbhai Jotania