Sudarshan Pharma Industries IPO Subscription Details

Bookbuilding IPO | ₹50 Cr | Listed at BSE SME | Thu, Mar 9, 2023 - Tue, Mar 14, 2023

Basis of Allotment - Sudarshan Pharma Industries IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,21,6007,80,80013,02,40015,64,80036,51,20065,18,400
Allotment price (Rs.)737373737373
No.of applications224412,6702,715
No.of shares applied5,21,6008,24,00013,45,6009,44,00042,72,00065,61,600
Amount collected (Rs.cr.)3.81 6.02 9.82 6.89 31.19 47.90
No.of times subscribed1.001.061.030.601.171.01
No.of shares allotted5,21,6007,80,80013,02,4009,44,00042,72,00065,18,400
Amount (Rs.cr.)3.81 5.70 9.51 6.89 31.19 47.58
No.of allottees224412,6702,715

IPO Shares Offered

Sudarshan Pharma Industries IPO is a public issue of 0.65 Cr equity shares. The issue offers 0.37 Cr shares to retail investors, 0.13 Cr shares to qualified institutional buyers, and 0.16 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,44,0002.51 5.01%
QIB 13,02,4009.51 18.98%
    Anchor 7,80,800 5.70 11.38%
    QIB (Ex Anchor) 5,21,600 3.81 7.60%
NII 15,64,80011.42 22.80%
Retail36,51,20026.65 53.21%
Total68,62,40050.10 100%

Sudarshan Pharma Industries IPO Anchor Investor Allocation

A total of 7,80,800 shares at a price of Rs 73 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 08, 2023
Anchor investor price₹73.00
Anchor investors as % of QIBs59.95%
No. of shares locked-in for 30 days3,90,400
No. of shares locked-in for 90 days3,90,400
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 MAVEN INDIA FUND MAVEN 2,36,800 1.73 30.33 3.45
2 SAINT CAPITAL FUND SAINT CAPITAL 5,44,000 3.97 69.67 7.93
7,80,8005.7010011.38

IPO Subscription FAQs

The Sudarshan Pharma Industries IPO is subscribed 1.06 times by Mar 14, 2023 19:02.

Sudarshan Pharma Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.01
Non Institutional0.81
Retail Individual1.2
Total Subscription1.06

Retail category of Sudarshan Pharma Industries IPO subscribed 1.2 times as of date Mar 14, 2023 19:02. The public issue closes on Tue, Mar 14, 2023 for bidding.

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

The Sudarshan Pharma Industries IPO is subscribed 1.06 times by Mar 14, 2023 19:02.

The Sudarshan Pharma Industries IPO allotment status is expected on or around Friday, March 17, 2023. Visit Sudarshan Pharma Industries IPO allotment status to check.

The Sudarshan Pharma Industries IPO listing date is March 22, 2023. The equity share of Sudarshan Pharma Industries IPO will list on BSE SME.

Visit Sudarshan Pharma Industries IPO subscription status page for real-time bidding information about Sudarshan Pharma Industries IPO.

Sudarshan Pharma Industries IPO Timetable

IPO opens OnThursday, March 9, 2023
IPO Closes OnTuesday, March 14, 2023
Finalisation of Basis of AllotmentFriday, March 17, 2023
Initiation of RefundsMonday, March 20, 2023
Credit of Shares to Demat AccountTuesday, March 21, 2023
IPO Listing DateWednesday, March 22, 2023
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