Incorporated in 2008, Mumbai based Sudarshan Pharma Industries Limited (SPIL) has a contract manufacturing facility to source and supply generic formulations. It is also engaged in import & export activities, and supply of specialty chemicals, API (Active Pharmaceutical Ingredients), and Intermediates. Based on clients’ specifications and requirements, they outsource the manufacturing facility from the suppliers in India and abroad.
The generic products supplied by the company have a wide application in paint, food, pharma, and adhesive industry. The company is involved in a contract manufacturing facility, supply and outsource of medicines and pharma formulation to hospitals, NGO, government and healthcare institutes. SPIL has 50 pharma formulations which are supplied under the brand name in the form of tablets, ointment, capsules, and injectable.
The company has its own sales force and distribution network in 5 states for ethical marketing of pharmaceutical formulation & products under the brand name in Indian and international markets. It also offers formulation development and QC services and provides customised solutions.
The competitive strengths of the company are:
1. Customer-centric and order-driven business model
2. Wide range of product offerings
3. Contract manufacturing facility arrangements
4. Strong distribution, marketing, and sales network
5. Diversified business operations
| Date | GMP | Kostak | Subject To Sauda | |
| 15 March 2023 | ₹7 | ₹- | ₹- | |
| 14 March 2023 | ₹10 | ₹- | ₹- | |
| 13 March 2023 | ₹10 | ₹- | ₹- | |
| 12 March 2023 | ₹10 | ₹- | ₹- | |
| 11 March 2023 | ₹10 | ₹- | ₹- | |
| 10 March 2023 | ₹10 | ₹- | ₹- |
Sudarshan Pharma Industries SME IPO Date & Price Band.
| IPO Open: | Mar 9, 2023 |
| IPO Close: | Mar 14, 2023 |
| IPO Size: | ₹50.10 Crores |
| Price Band: | ₹71 to ₹73 per share |
| Listing on: | BSE SME |
| Retail Portion: | Not less than 35% of the Net Issue |
| Equity: | 6,862,400 shares |
| Face Value: | ₹10 per share |
Sudarshan Pharma Industries SME IPO Market Lot
The Sudarshan Pharma Industries IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹116,800).
Shares: Minimum 1600 share
Minimum Amount: ₹116,800
Maximum Amount: ₹116,800
Sudarshan Pharma Industries SME IPO Allotment & Listing:
- Basis of Allotment: Mar 17, 2023
- Refunds: Mar 20, 2023
- Credit to Demat accounts: Mar 21, 2023
- Listing: Mar 22, 2023 Advertisement
Sudarshan Pharma Industries SME IPO Form
How to apply Sudarshan Pharma IPO? You can apply Sudarshan Pharma IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sudarshan Pharma IPO in the Invest section. The other option you can apply Sudarshan Pharma IPO via IPO forms download via the BSE website. Check out the Sudarshan Pharma forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Sudarshan Pharma Industries SME Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-20 | 9,926.02 | 19,372.82 | 267.12 |
| 31-Mar-21 | 13,752.18 | 35,755.89 | 530.37 |
| 31-Mar-22 | 14,703.74 | 10,587.79 | 225.37 |
Sudarshan Pharma Industries SME IPO Valuation – FY2023
| Earning Per Share (EPS): | ₹3.39 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 17.63% |
| Net Asset Value (NAV): | ₹30.54 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Hemal Vasantrai Mehta
- Mr. Sachin Vasantrai Mehta
Sudarshan Pharma Industries SME IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/
Company Address
Sudarshan Pharma Industries Ltd
301,3rd Floor, Aura Biplex,
Above Kalyan Jewellers S. V. Road, Borivali (West)
Mumbai – 400092
Phone: 022- 42221111
Email: compliance@sudarshanpharma.com
Website: http://www.sudarshanpharma.com/
Quick Links:
Sudarshan Pharma Industries IPO DRHP
About Sudarshan Pharma Industries SME IPO
Sudarshan Pharma Industries IPO opens on Mar 9, 2023, and closes on Mar 14, 2023. The Sudarshan Pharma Industries IPO bid date is from Mar 9, 2023 10.00 A.M. to Mar 14, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Read Also
Sudarshan Pharma Industries SME Allotment Status
Sudarshan Pharma Industries SME IPO Listing Date Sudarshan Pharma Industries SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Sudarshan Pharma Industries SME IPO FAQs
What is Sudarshan Pharma Industries SME IPO Open Date for QIB, NII, and Retail?
Sudarshan Pharma Industries SME IPO will open on Mar 9, 2023
Sudarshan Pharma Industries SME IPO Size?
Sudarshan Pharma Industries IPO size is Approx ₹50.10 Crores
Sudarshan Pharma Industries SME IPO Price Band?
Sudarshan Pharma Industries SME IPO Price Band is ₹71 to ₹73 per share
Sudarshan Pharma Industries SME IPO Minimum Lot Size?
The minimum bid is 1600 Shares with a ₹116,800 Minimum Lot Size.
What is Sudarshan Pharma Industries SME IPO Allotment Date?
Sudarshan Pharma Industries SME IPO allotment date is Mar 17, 2023
What is Sudarshan Pharma Industries Listing date?
Sudarshan Pharma Industries SME IPO listing date is Mar 22, 2023. The IPO is to list on NSE SME.