Sotac Pharmaceuticals IPO Subscription Details

Bookbuilding IPO | ₹33 Cr | Listed at NSE SME | Wed, Mar 29, 2023 - Mon, Apr 3, 2023

Basis of Allotment - Sotac Pharmaceuticals IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,70,0008,53,20014,23,2004,28,4009,98,40028,50,000
Allotment price (Rs.)111111111111111111
No.of applications23545727777
No.of shares applied5,70,0008,53,20014,23,20016,08,0008,72,40039,03,600
Amount collected (Rs.cr.)6.33 9.47 15.80 17.85 9.68 43.33
No.of times subscribed1.001.001.003.750.871.37
No.of shares allotted5,70,0008,53,20014,23,2005,54,4008,72,40028,50,000
Amount (Rs.cr.)6.33 9.47 15.80 6.15 9.68 31.64
No.of allottees23541727773

IPO Shares Offered

Sotac Pharmaceuticals IPO is a public issue of 0.29 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.14 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,50,0001.67 5.00%
QIB 14,23,20015.80 47.44%
    Anchor 8,53,200 9.47 28.44%
    QIB (Ex Anchor) 5,70,000 6.33 19.00%
NII 4,28,4004.76 14.28%
Retail9,98,40011.08 33.28%
Total30,00,00033.30 100%

Sotac Pharmaceuticals IPO Anchor Investor Allocation

A total of 8,53,200 shares at a price of Rs 111 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 28, 2023
Anchor investor price₹111.00
Anchor investors as % of QIBs59.95%
No. of shares locked-in for 30 days4,26,600
No. of shares locked-in for 90 days4,26,600
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NAV CAPITAL VCC NAV CAPITAL 4,90,800 5.45 57.52 16.36
2 AG DYNAMIC FUNDS LTD. AG DYNAMIC FUNDS LTD. 1,81,200 2.01 21.24 6.04
3 FORBES EMF FORBES EMF 1,81,200 2.01 21.24 6.04
8,53,2009.4710028.44

IPO Subscription FAQs

The Sotac Pharmaceuticals IPO is subscribed 1.6 times by Apr 03, 2023 19:30.

Sotac Pharmaceuticals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1
Non Institutional4.04
Retail Individual0.91
Total Subscription1.6

Retail category of Sotac Pharmaceuticals IPO subscribed 0.91 times as of date Apr 03, 2023 19:30. The public issue closes on Mon, Apr 3, 2023 for bidding.

An investor can apply in Sotac Pharmaceuticals IPO online via bank (using ASBA) or the broker (using UPI). The Sotac Pharmaceuticals IPO shares are offered online only.

The Sotac Pharmaceuticals IPO is subscribed 1.6 times by Apr 03, 2023 19:30.

The Sotac Pharmaceuticals IPO allotment status is expected on or around Monday, April 10, 2023. Visit Sotac Pharmaceuticals IPO allotment status to check.

The Sotac Pharmaceuticals IPO listing date is April 13, 2023. The equity share of Sotac Pharmaceuticals IPO will list on NSE SME.

Visit Sotac Pharmaceuticals IPO subscription status page for real-time bidding information about Sotac Pharmaceuticals IPO.

Sotac Pharmaceuticals IPO Timetable

IPO opens OnWednesday, March 29, 2023
IPO Closes OnMonday, April 3, 2023
Finalisation of Basis of AllotmentMonday, April 10, 2023
Initiation of RefundsTuesday, April 11, 2023
Credit of Shares to Demat AccountWednesday, April 12, 2023
IPO Listing DateThursday, April 13, 2023
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