Sotac Pharma IPO GMP | Details, Date, Price, Review, Size

Sotac Pharma IPO GMP Sotac Pharma IPO Details, Sotac Pharma IPO Date, Sotac Pharma IPO Price, Sotac Pharmaceuticals IPO Review, Sotac Pharma IPO Size, Allotment

Table of Contents

Sotac Pharma IPO Details ( Sotac Pharmaceuticals IPO Review )

(29 Mar 2023 – 3 Apr 2023)

Sotac Pharmaceuticals Limited, a subsidiary of the SOTAC group headquartered in Gujarat, was established in 2015. The company specializes in producing pharmaceutical products for various marketers under loan license or contract manufacturing arrangements. Its primary mode of operation involves engaging with marketers on a principle-to-principle basis.

SOTAC currently provides loan license and/or contract manufacturing services to more than 162 corporate clients. The company’s extensive experience in the pharmaceutical industry has enabled it to expand and increase its operational scale annually.

Sotac Pharmaceuticals set up its manufacturing facility in 2017, equipping it with the capability to produce 90 Crore tablets and 14 Crore capsules per year.

Benefiting from the extensive pharmaceutical manufacturing experience of its promoters, which spans over 59 years, Sotac Pharmaceuticals is thriving and pursuing growth opportunities across diverse horizons.

Sotac Pharmaceuticals Limited Company Product:

  • Non Beta-lactam drugs
  • Beta-lactam drugs

Sotac Pharmaceuticals IPO Competitive Strength

  • Experienced Promoters and Management Team
  • Wide range of Products
  • Strategic Location of Manufacturing Facilities
  • Scalable Business Model
  • Quality assurance

Sotac Pharmaceuticals IPO Financials Performance ( Results )

Sotac Pharmaceuticals Limited Financial Information ( Restated Consolidated )

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • To Meet Working Capital Requirements
  • Investment in Subsidiary
  • Upgradation / Construction of Existing /New Building in the Existing Premises
  • General Corporate Purpose
  • To meet Public Issue Expenses

Sotac Pharmaceuticals IPO Basic Details

IPO DateMar 29, 2023 to Apr 3, 2023
Listing DateThursday, April 13, 2023
Face Value₹10 per share
Price₹105 to ₹111 per share
Lot Size1200 Shares
Issue Size3,000,000 shares
(aggregating up to ₹33.30 Cr)
Fresh Issue3,000,000 shares
(aggregating up to ₹33.30 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
QIB Shares Offered50% of the Offer
NII (HNI) Shares Offered15% of the Offer
Retail Shares Offered35% of the Offer
Company PromotersMr. Sharadkumar Dashrathbhai Patel,
Mr. Dineshkumar Babulal Gelot,
Mr. Vishalkumar Devrajbhai Patel,
Mr. Chetankumar Bachubhai Patel
And Mrs. Kiran Baldevbhai Jotania

Sotac Pharma IPO Timetable

Sotac Pharma IPO will open on Mar 29, 2023 and close on Apr 13, 2023. You can join Sotac Pharma IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening DateMar 29, 2023
Closing DateApr 3, 2023
Basis of AllotmentApr 10, 2023
Initiation of RefundsApr 11, 2023
Credit of Shares to DematApr 12, 2023
Listing DateApr 13, 2023

Sotac Pharma IPO Lot Size

For retail investors in Sotac Pharma IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹133,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹133,200.

Retail (Min)11200₹133,200
Retail (Max)11200₹133,200
S-HNI (Min)22400₹266,400

Sotac Pharma IPO Promoter Holding

Pre Issue Share Holding84.63%
Post Issue Share HoldingNo Data

Sotac IPO Valuation – FY2022

Market Cap (₹ Cr.)122.66
Earning Per Share (EPS)₹3.58 per Equity Share
Price/Earning P/E Ratio132.14
Return on equity (ROE)6.38%
Return on Capital Employed (ROCE)19.03%
Return on Net Worth (RoNW)43.47%
Net Asset Value (NAV)₹8.23 per Equity Share
Upper Price/Book Value (Price/BV) Ratio

Sotac Pharma Ltd Peer Comparison

Company NameStandalone /
Peer Group

Sotac Pharma IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
12 April 2023₹10
11 April 2023₹10
10 April 2023₹10
9 April 2023₹8
8 April 2023₹8
7 April 2023₹7
6 April 2023₹7
5 April 2023₹6
4 April 2023₹8
3 April 2023₹7
2 April 2023₹6
1 April 2023₹6
31 March 2023₹6
30 March 2023₹6
29 March 2023₹6
28 March 2023₹10
27 March 2023₹9
26 March 2023₹0
25 March 2023₹0

Sotac Pharma IPO Detail Video:

Sotac Pharma IPO Subscription Status (Bidding Detail)

The Sotac Pharma IPO on Apr 3, 2023 at 7:30:00 PM was subscribed 1.60 times, with the retail category being subscribed 0.91 times, the NII (Non-Institutional Investor) category being subscribed 4.04 times, 1.00 times subscription in QIB quota.


Sotac Pharma IPO Prospectus

Sotac Pharma IPO DRHPDownload
Sotac Pharma IPO RHPDownload

Sotac Pharma IPO Rating

Our Rating2.0/5.0

Sotac Pharma Compnay Contact Information

Registered Office: Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II, Sanand Ahmedabad -382110,
Gujarat, India
Telephone No: +91 90819 93300
Company Secretary and Compliance Officer: Ms. Pooja Bagrecha
Corporate Identity Numbers: U24230GJ2015PLC085451

Sotac Pharma IPO Registrar


SEBI Registration Number: INR000000221
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana, India.
Tel. Number: +91 40 6716 2222; Fax: +91 40 2343 1551
Email Id:
Investors Grievance Id:
Contact Person: Mr. Murali Krishna
CIN: U72400TG2017PLC117649

Sotac Pharma IPO Lead Manager


SEBI Registration Number: INM000012917
Address: 807, Phoenix, Opp. Girish Cold Drinks, Near Vijay Cross Roads, Navrangpura,
Ahmedabad -380009, Gujarat.
Telephone Number: 079 4840 5357
Email Id:
Investors Grievance Id:
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322

Sotac Pharma IPO FAQs

What is the lot size of Sotac Pharma IPO?

The total size of Sotac Pharma IPO is ₹33.30 crores and this is a complete fresh Issue.

When will Sotac Pharma IPO start?

Sotac Pharma IPO will Open from 29 March 2023 and IPO will Close on 3 April 2023.

What is the open date of Sotac Pharma IPO?

Sotac Pharma IPO will start from 29 March 2023.

What is the last date ( close date ) of Sotac Pharma IPO?

Sotac Pharma IPO will close from 3 April 2023.

What is the price band of Sotac Pharma IPO?

Sotac Pharma IPO price band is ₹105 to ₹111. ( Upper Price Band: ₹111, Lower Price Band: ₹105 )

What is the minimum amount required to apply for Sotac Pharma IPO?

The minimum investment for retailers to apply for Sotac Pharma IPO is ₹133,200 and the maximum investment is ₹133,200.

What is going on gray market premium of Sotac Pharma IPO?

View gray market premium of Sotac Pharma IPO by Clicking Here

How much is the GMP of Sotac Pharma IPO?

Watch Sotac Pharma IPO GMP Today: Click Here

What is the allotment date of Sotac Pharma IPO?

The allotment date of Sotac Pharma IPO is 10 April 2023.

How to check allotment status in Sotac Pharma IPO?

To check the allotment status of Sotac Pharma IPO, first of all go to the registrar website by clicking here, select your bad Sotac Pharma IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Sotac Pharma IPO?

The listing date of Sotac Pharma IPO is 13 April 2023.

How much will be the listing gain in Sotac Pharma IPO?

View listing gain of Sotac Pharma IPO by Clicking Here

How much time Sotac Pharma IPO is subscribed?

Total 1.60 times subscribed in Sotac Pharma IPO out of which 0.91 times subscription was done in retail quota and 4.04 times subscription in NII quota, 1.00 times subscription in QIB quota.

How to apply for Sotac Pharma IPO from Upstox?

Click Here to see how to apply for Sotac Pharma IPO from Upstox. (step by step)

How to apply for Sotac Pharma IPO from Zerodha?

Click Here to see how to apply for Sotac Pharma IPO from Zerodha. (step by step)

How to apply for Sotac Pharma IPO from Angle One?

Click Here to see how to apply for Sotac Pharma IPO from Angle One. (step by step)

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