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Open
29 Mar to 3 Apr, 2023
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Close
29 Mar to 3 Apr, 2023
3
Allotment
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Listing
Thu, Apr 13, 2023
Price Band
₹105 to ₹111
Issue Size
30,00,000 shares (agg. up to ₹33 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Apr 13, 2023
Latest GMP
₹10
Est. Gain
9.01%
✦ AI Insight
GMP Trend
13-04-2023₹10Est. ₹121+9.01%
12-04-2023₹9Est. ₹120+8.11%
11-04-2023₹9Est. ₹120+8.11%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.37x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 64.62 | 35.25 | 34.70 | 30.38 |
| Total Income | 39.95 | 73.37 | 48.95 | 28.83 |
| Profit After Tax | 0.47 | 2.88 | -2.37 | 0.09 |
| NET Worth | 7.97 | 6.62 | 2.49 | 3.06 |
| Reserves and Surplus | 5.67 | 4.32 | 0.19 | 0.76 |
| Total Borrowing | 21.86 | 11.35 | 10.36 | 0.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Trident Lifeline Ltd. | SME | ₹35.34 Cr | ₹101 | 51.53 | ₹108.15 | +7.08% | ₹259.75 (-0.44%) |
| Dipna Pharmachem Ltd. | SME | ₹15.21 Cr | ₹38 | 39 | ₹33.40 | -12.11% | ₹5.35 (-0.93%) |
| JFL Life Sciences Ltd. | SME | ₹18.17 Cr | ₹61 | 26.52 | ₹66.50 | +9.02% | ₹10.50 (-4.55%) |
| Jeena Sikho Lifecare Ltd. | SME | ₹55.50 Cr | ₹150 | 16.67 | ₹173.35 | +15.57% | ₹565.65 (-2.15%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 10.80 |
| 2 | Investment in Subsidiary | 7.00 |
| 3 | Upgradation / Construction of Existing /New Building in the Existing Premises | 5.90 |
| 4 | General Corporate Purpose | 7.40 |
About Sotac Pharmaceuticals IPO
Incorporated in 2015, Sotac Pharmaceuticals Limited is a part 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. The company's business is majorly on principle to principle basis with different marketers. SOTAC 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. Sotac Pharmaceuticals established its manufacturing facility in the year 2017. 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.+ Read More
Contact Details
Sotac Pharmaceuticals Ltd. AddressPlot No.PF-21, Nr.ACME PharmaOpp.Teva Pharma Sanand GIDC-IISanandAhmedabad, Gujarat, 382110+91 90819 93300compliance@sotacpharma.comVisit Website