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SUDARSHANSME / BSEListed
Sudarshan Pharma Industries

Incorporated in 2008, Sudarshan Pharma Industries Limited (SPIL) is a Mumbai-based company engaged in contract manufacturing, import, export, and supply of specialty chemicals, Active Pharmaceutical Ingredients (APIs), and intermediates. The company sources and supplies generic formulations by outsourcing manufacturing facilities from domestic and international suppliers based on client requirements. Its products find applications across industries such as pharmaceuticals, paints, food, and adhesives. SPIL also supplies medicines and pharma formulations to hospitals, NGOs, government bodies, and healthcare institutions under its own brand, offering around 50 formulations in tablets, capsules, ointments, and injectables. With a strong sales and distribution network across five states, the company markets its products ethically in both Indian and international markets, while also offering formulation development, quality control, and customized pharma solutions.

₹71 - ₹731.06x sub
Listed Price₹73.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open09 Mar 2023
Close14 Mar 2023
Allotment18 Mar 2023
Listing20 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB13,02,400 shares
18.98%
Nii (hni)15,64,800 shares
22.8%
Retail36,51,200 shares
53.21%
Market Maker3,44,000 shares
5.01%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,16,800
HNI2 Lots (3,200 shares)
₹2,33,600

Company Promoters

Mr. Hemal Vasantrai MehtaMr. Sachin Vasantrai Mehta

Company Background

Incorporated in 2008, Sudarshan Pharma Industries Limited (SPIL) is a Mumbai-based company engaged in contract manufacturing, import, export, and supply of specialty chemicals, Active Pharmaceutical Ingredients (APIs), and intermediates. The company sources and supplies generic formulations by outsourcing manufacturing facilities from domestic and internatio...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021)₹19372.82 Cr
Growth-1.1%
Revenue Trend (₹ in Crores)
0.013.7k27.4k41.1kSep 2022Mar 2022Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 202119,372.82267.129,926.022,977.09
Mar 202235,755.89530.3713,752.183,059.24
Sep 202219,589.87360.7016,402.224,940.50

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
18 Mar 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
20 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Sudarshan Pharma Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization18 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date20 Mar 2023Trading commences on exchange

How to Check Sudarshan Pharma Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Sudarshan Pharma Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Sudarshan Pharma Industries IPO

Complete issue overview for Sudarshan Pharma Industries (SUDARSHAN) IPO. The issue features an equity share price band of ₹71 – ₹73 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,16,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions