Sudarshan Pharma Industries Ltd - IPO

Sudarshan Pharma Industries Ltd IPO Details

Public issue of 68,62,400 equity shares of face value of Rs. 10.00 each (Equity Shares) of Sudarshan Pharma Industries Limited (the Company or the Issuer) for cash at a price of Rs. 73.00 per equity share including a share premium of Rs. 63.00 per equity share (the Issue Price) aggregating to Rs. 50.10 crores (The Issue) of which 3,44,000 equity shares aggregating to Rs. 2.51 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 65,18,400 equity shares aggregating to Rs. 47.59 crores (the Net Issue). The issue and the net issue will constitute 28.52% and 27.09% respectively of the post issue paid-up equity share capital of the company. Issue Price : Rs. 73 per equity share of face value of Rs. 10 each.Anchor Investor Issue Price : Rs. 73 per equity sharesThe issue price is 7.3 times of the face value.Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Objective of issue

To set up a dedicated manufacturing facility for pharmaceutical Business. Distribution and warehousing centre's & purchase of corporate office. Additional working capital. General corporate expenses.

Sudarshan Pharma Industries Ltd Contact Details

Sudarshan Pharma Industries Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance.spil@gmail.com

Website - www.sudarshanpharma.com