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Open
9 Mar 2023
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Close
14 Mar 2023
3
Allotment
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Listing
Wed, Mar 22, 2023
Price Band
₹71 to ₹73
Issue Size
68,62,400 shares (agg. up to ₹50 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Mar 22, 2023
Latest GMP
₹5
Est. Gain
6.85%
✦ AI Insight
GMP Trend
22-03-2023₹5Est. ₹78+6.85%
21-03-2023₹5Est. ₹78+6.85%
20-03-2023₹8Est. ₹81+10.96%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.01x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 164.02 | 137.52 | 99.26 |
| Total Income | 195.90 | 357.56 | 193.73 |
| Profit After Tax | 3.61 | 5.30 | 2.67 |
| NET Worth | 51.09 | 29.78 | 22.51 |
| Reserves and Surplus | 39.97 | 20.03 | 12.96 |
| Total Borrowing | 49.41 | 30.59 | 29.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rite Zone Chemcon India Ltd. | SME | ₹8.96 Cr | ₹75 | 90.36 | ₹86.95 | +15.93% | ₹22.50 |
| Vital Chemtech Ltd. | SME | ₹64.64 Cr | ₹101 | 14.94 | ₹163.10 | +61.49% | ₹55.40 |
| Bhatia Colour Chem Ltd. | SME | ₹40.00 Cr | ₹80 | 166 | ₹42.00 | -47.50% | ₹30.48 |
| Archean Chemical Industries Ltd. | Mainboard | ₹1,462.30 Cr | ₹407 | 16.78 | ₹458.15 | +12.57% | ₹484.70 |
| Aether Industries Ltd. | Mainboard | ₹808.04 Cr | ₹642 | 72.3 | ₹774.40 | +20.62% | ₹1,642.90 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up a dedicated manufacturing facility for Pharmaceutical Business | 12.50 |
| 2 | Distribution and Warehousing Centre‘s & Purchase of Corporate Office | 4.50 |
| 3 | Additional Working Capital | 5.25 |
| 4 | General Corporate Expenses | 2.80 |
About Sudarshan Pharma Industries IPO
Updated on Aug 5, 2026
Contact Details
Sudarshan Pharma Industries Ltd. Address301, 3rd Floor, Aura BiplexAbove Kalyan Jewellers S.V.Road, Borivali (West)Mumbai, Maharashtra, 400092022- 42221111compliance@sudarshanpharma.comVisit Website