Sotac Pharmaceuticals Limited IPO
Note: Sotac Pharmaceuticals Limited IPO is an NSE SME IPO. They are going to raise ₹33.30 Crores via IPO. The issue is a price range of ₹105 to ₹111 Equity Shares. The IPO is to be listed on NSE SME.
Sotac Pharmaceuticals Limited is incorporated in 2015, the company is a component of the SOTAC group, based in Gujarat. The company is in the business of manufacturing pharmaceutical products for different marketers on a loan license or contract manufacturing basis. Sotac Pharmaceuticals’ business is majorly on principle to principle basis with different marketers.
SOTAC Pharmaceuticals is serving over 162 corporate clients on a loan license and/or contract manufacturing basis. With their vast experience in the pharmaceutical segment, the company is growing and enlarging its scale of operations every year.
In the year, the company’s manufacturing facility was installed with the capacity to manufacture 90 Crore tables/year, and 14 Crore Capsules/year.
With a combined experience of over 59 years in the pharmaceutical manufacturing Industry of the Promoters, the company is blooming and expanding in various horizons.
Sotac Pharmaceuticals IPO Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 3,038.21 | 2,882.64 | 8.75 | 305.73 | 75.73 | 15.13 |
| 31-Mar-21 | 3,469.75 | 4,894.97 | -236.54 | 249.36 | 19.36 | 1,035.80 |
| 31-Mar-22 | 3,525.35 | 7,337.02 | 287.86 | 662.19 | 432.19 | 1,134.59 |
| 30-Sep-22 | 6,461.60 | 3,994.65 | 46.55 | 797.41 | 567.41 | 2,185.52 |
| Amount in ₹ Lakhs | ||||||
Sotac Pharmaceuticals IPO Date & Price Band
| IPO Open: | March 29, 2023 |
| IPO Close: | April 03, 2023 |
| IPO Size: | Approx ₹33.30 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹105 to ₹111 per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
Read More …
Sotac Pharmaceuticals IPO Market Lot
The Sotac Pharmaceuticals IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lot (1200 shares or ₹133,200.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹133,200 |
| Retail (Max) | 1 | 1200 | ₹133,200 |
| HNI (Min) | 2 | 2,400 | ₹266,400 |
Sotac Pharmaceuticals IPO Allotment & Listing Dates
Sotac Pharmaceuticals IPO opens on Mar 29, 2023, and closes on Apr 3, 2023. The IPO allotment date is March 28 and the Sotac Pharmaceuticals Limited IPO listing is April 13, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 29, 2023 |
| Closing Date | Apr 3, 2023 |
| Basis of Allotment | Apr 10, 2023 |
| Initiation of Refunds | Apr 11, 2023 |
| Credit of Shares to Demat | Apr 12, 2023 |
| Listing Date | Apr 13, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Sotac Pharmaceuticals IPO Prospectus
Official website of Sotac Pharmaceuticals IPO
Sotac Pharmaceuticals Limited Official Website is http://www.sotacpharma.com/
The registered address of Sotac Pharmaceuticals Limited
Sotac Pharmaceuticals Limited
Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II,
Sanand Ahmedabad – 382110
Phone: +91 90819 93300
Email: compliance@sotacpharma.com
Website: http://www.sotacpharma.com/
Sotac Pharmaceuticals IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: sotac.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Sotac Pharmaceuticals IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
Frequently Asked Questions (FAQ):
Question: What is Sotac Pharmaceuticals Limited IPO?
Answer: Sotac Pharmaceuticals IPO is an NSE SME IPO. They are going to raise ₹33.30 Crores via IPO. The issue is a price range of ₹105 to ₹111 Equity Shares. The IPO is to be listed on NSE SME.
Question: When will Sotac Pharmaceuticals Limited IPO open?
Answer: The IPO will open for NII, QIB, and Retail Investors on March 29, 2023.
Question: What is Sotac Pharmaceuticals Limited IPO Investors Portion?
Answer: The investors’ portion for NII is 15%, QIB is 50% and Retail is 35%.
Question: What is Sotac Pharmaceuticals Limited IPO Size?
Answer: The IPO size is ₹33.30 crores.
Question: What is Sotac Pharmaceuticals Limited IPO Price Band?
Answer: The IPO Price range of ₹105 to ₹111 per equity share.
Question: What is Sotac Pharmaceuticals IPO Minimum and Maximum Lot Size?
Answer: The Sotac Pharmaceuticals IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lot (1200 shares or ₹133,200.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹133,200 |
| Retail (Max) | 1 | 1200 | ₹133,200 |
| HNI (Min) | 2 | 2,400 | ₹266,400 |
Question: What is Sotac Pharmaceuticals IPO Allotment?
Answer: The IPO allotment date is April 10, 2023.
Question: What is Sotac Pharmaceuticals Limited IPO Listing?
Answer: The IPO listing date is April 13, 2023. The IPO to list on NSE SME.
MORE FOR YOU
