Sudarshan Pharma Industries Limited SME IPO Details

Sudarshan Pharma Industries Limited incorporated in 2008 based in Mumbai. The company has contract manufacturing facility to source and supply generic formulations. They are engaged in import and export of specialty chemicals, API (Active Pharmaceutical Ingredients), and Intermediates. They outsource manufacturing facilities from suppliers in India and Abroad. The have contract manufacturing facility of medicines and pharma formulation to NGO, Governement, Hospitals and Healthcare Institutes. Sudarshan Pharma ipo is a NSE SME IPO. Sudarshan Pharma ipo is starting from 12-June and ends on 17-June. The price band is around Rs.75 with 1600 market lot. The ipo size is around Rs.25.80 rupees. 

Sudarshan Pharma IPO Review:

• Risky

Sudarshan Pharma IPO Dates & Price Band:

• IPO Open: 12-June-2019
• IPO Close: 17-June-2019
• IPO Size: Approx Rs.25.80 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.75 Per Equity Share
• Listing on: NSE SME
• Shares: 3,440,000
• Retail Portion: 50%

Sudarshan Pharma IPO Market Lot:

• Shares: Apply for 1,600 Shares (Minimum Lot Size)
• Amount: Rs.1,20,000

Sudarshan Pharma IPO Allotment & Listing:

• Basis of Allotment: 20-June-2019
• Refunds: 21-June-2019
• Credit to demat accounts: 24-June-2019
• Listing: 25-June-2019

Financial Results:

Rs. in Crore
	Revenue	Expenses	PAT
2015	-	-	-
2016	37.9	37.8	0.09
2017	55.5	55.3	0.16
2018	89.8	88.8	0.74
2019 (6M)	60.7	58.7	1.46

Sudarshan Pharma IPO Allotment Status:

• IPO Allotment Status
  

Company Promoters:

• Mr. Hemal V. Mehta
• Mr. Sachin V. Mehta

IPO Registrar:

Karvy Computershare Private Limited

Karvy Registry House, 8-2-596, St. No. 1,

Banjara Hills, Hyderabad - 500 034

Andhra Pradesh, India

Phone: +91-40-23312454

Email: einward.ris@karvy.com

Website: https://karisma.karvy.com

IPO Lead Managers:

• First Overseas Capital Limited

Company Address:

Sudarshan Pharma Industries Limited

301, 3rd Floor, Aura Biplex,

Above Kalyan Jewellers, S V Road,

Borivali (West), Mumbai - 400 092,

Phone: +91 22 242221111

Email: compliance.spil@gmail.com

Website: http://www.sudarshanpharma.com