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 Ended||Total Assets||Total Revenue||PAT||EPS|
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 Date||Mar 29, 2023 to Apr 3, 2023|
|Listing Date||Thursday, April 13, 2023|
|Face Value||₹10 per share|
|Price||₹105 to ₹111 per share|
|Lot Size||1200 Shares|
|Issue Size||3,000,000 shares|
(aggregating up to ₹33.30 Cr)
|Fresh Issue||3,000,000 shares|
(aggregating up to ₹33.30 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE SME|
|QIB Shares Offered||50% of the Offer|
|NII (HNI) Shares Offered||15% of the Offer|
|Retail Shares Offered||35% of the Offer|
|Company Promoters||Mr. 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 Date||Mar 29, 2023|
|Closing Date||Apr 3, 2023|
|Basis of Allotment||Apr 10, 2023|
|Initiation of Refunds||Apr 11, 2023|
|Credit of Shares to Demat||Apr 12, 2023|
|Listing Date||Apr 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.
Sotac Pharma IPO Promoter Holding
|Pre Issue Share Holding||84.63%|
|Post Issue Share Holding||No Data|
Sotac IPO Valuation – FY2022
|Market Cap (₹ Cr.)||122.66|
|Earning Per Share (EPS)||₹3.58 per Equity Share|
|Price/Earning P/E Ratio||132.14|
|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 Name||Standalone /|
Sotac Pharma IPO GMP Live Update, Kostak Rate day by day
|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 Rating
Sotac Pharma Compnay Contact Information
Registered Office: Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II, Sanand Ahmedabad -382110,
Telephone No: +91 90819 93300
Company Secretary and Compliance Officer: Ms. Pooja Bagrecha
Corporate Identity Numbers: U24230GJ2015PLC085451
Sotac Pharma IPO Registrar
KFIN TECHNOLOGIES LIMITED
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: firstname.lastname@example.org
Investors Grievance Id: email@example.com
Contact Person: Mr. Murali Krishna
Sotac Pharma IPO Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
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: firstname.lastname@example.org
Investors Grievance Id: email@example.com
Contact Person: Mr. Nikhil Shah
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.
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