The Sunrest Lifescience IPO started on November 7, 2023, and ended on November 9, 2023. Shares were allocated on November 15, 2023, and refund processes began on November 16, 2023. On November 17, 2023, the shares were credited to investors demat accounts. Sunrest Lifescience was officially listed on the stock exchange on November 20, 2023.
During the IPO, Sunrest Lifescience offered shares at a price range of ₹84 per share, and the lot size was 1600 shares. The total issue size was ₹10.85 crores, with ₹10.85 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Sunrest Lifescience Limited IPO Subscription Update Video
Sunrest Lifescience IPO Subscription Status
The Sunrest Lifescience IPO on November 7, 2023 was subscribed times, with the retail category being subscribed times, the other category being subscribed times.
| Category | Subscription |
| Other | x |
| Retail | x |
| Total | x |
Sunrest Lifescience IPO Basic Details
| Company Name | Sunrest Lifescience Limited |
| Domain of Company | Healthcare and Personal Care Products Provider |
| Sunrest Lifescience IPO Open Date | November 7, 2023 |
| Sunrest Lifescience IPO Close Date | November 9, 2023 |
| Sunrest Lifescience IPO Allotment Date | November 15, 2023 |
| Sunrest Lifescience IPO Listing Date | November 20, 2023 |
| Face Value | ₹10 per share |
| Price | ₹84 per share |
| Lot Size | 1600 Shares |
| Issue Size | 1,291,200 shares of ₹10 (aggregating up to ₹10.85 Cr) |
| Fresh Issue | 1,291,200 shares of ₹10 (aggregating up to ₹10.85 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Nikhilkumar Y Thakkar, Mr. Amitbhai Shambhulal Thakkar, Mr. Bhagyesh Kiritbhai Parekh and Mr. Bharatkumar V Thakkar |
About Sunrest Lifescience Limited
Sunrest Lifescience Limited started in 2017 and offers a wide range of healthcare and personal care products. Their product line includes various items like capsules, tablets, syrup, ointment, gel, mouthwash, solution, suspension, dry powders, and toothpaste. These products cover a wide range of drugs, including antibacterial, antidiarrheal, antifungal, antimalarial, antidiabetic, dental care, antiprotozoal, antihistamine, antihypertensive medications, cosmetics, antiparasitic drugs, multivitamins, multimineral supplements, nutraceuticals, and anti-inflammatory products.
They don’t make these products themselves; instead, they have them manufactured by other pharmaceutical companies, one of which is Trilend Pharmaceuticals Private Limited, a company within the Sunrest group. They work with 43 third-party manufacturers located in states like Gujarat, Punjab, Maharashtra, Haryana, Himachal Pradesh, Uttarakhand, and Madhya Pradesh.
Sunrest Lifescience serves stockists and super stockists, and their products are available in chemist shops, dispensaries, hospitals, and more. They have 18 registered trademarks for 32 of their products and are dedicated to providing high-quality items to their customers.
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Sunrest Lifescience IPO FAQs
What is the start and end date of Sunrest Lifescience IPO Subscription?
The Sunrest Lifescience IPO started on November 7, 2023, and ended on November 9, 2023.
When does Sunrest Lifescience IPO Subscription open?
The Sunrest Lifescience IPO open on November 7, 2023.
When does Sunrest Lifescience IPO Subscription close?
The Sunrest Lifescience IPO Close on November 9, 2023.
What is the allotment date of Sunrest Lifescience IPO?
The allotment date for Sunrest Lifescience IPO is November 15, 2023.
When is the initial refund date of Sunrest Lifescience IPO?
The initial Refund date for Sunrest Lifescience IPO is November 16, 2023.
When were the shares credited to investors demat accounts for the Sunrest Lifescience IPO?
The shares for the Sunrest Lifescience IPO were credited to investors demat accounts on November 17, 2023.
When will Sunrest Lifescience IPO be listed on the stock market?
Sunrest Lifescience IPO stock market will be listed on November 20, 2023 at 10 am.
What was the price range of the Sunrest Lifescience IPO shares?
The Sunrest Lifescience IPO shares were offered at a price range of ₹84 per share.
What was the lot size for the Sunrest Lifescience IPO shares?
The lot size for the Sunrest Lifescience IPO shares was 1600 shares.
What was the total issue size of the Sunrest Lifescience IPO?
The total issue size of the Sunrest Lifescience IPO was ₹10.85 crores.
How were the shares allocated among different types of investors for the Sunrest Lifescience IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Sunrest Lifescience IPO listed?
The Sunrest Lifescience IPO was listed on the NSE SME.
What is the Sunrest Lifescience IPO Subscription Status?
Sunrest Lifescience IPO is subscribed Times.
