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Sudeep Pharma Ltd.

IPO Details · GMP · Subscription · Financials
✅ Listed NSE & BSE Mainboard
Issue Price
₹593
Per Share
GMP
+₹113
+19.06% Grey Market
Est. Listing
₹706
Expected Price
Min. Application
₹29,650
2 lots × 25 shares
IPO Issue Details
Issue Price / Price Band₹593 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size25 Shares per Lot
Total Issue Size1,50,92,750 shares (aggregating up to ₹895.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 21 Nov 2025
Subscription CloseTue, 25 Nov 2025
Anchor AllotmentThu, 20 Nov 2025
Basis of AllotmentWed, 26 Nov 2025
Initiation of RefundsThu, 27 Nov 2025
Credit of Shares to DematThu, 27 Nov 2025
Listing DateFri, 28 Nov 2025
UPI Mandate Deadline2025-11-25
Application & Investment Details
Retail — Min (1 Lots)₹14,825 — 25 shares
Retail — Max (13 Lots)₹192,725 (13 Lots)
HNI — Min (68 Lots)₹10,08,100 — 1,700 shares
QIB Quota50.00% of Issue
NII / HNI Quota15.00% of Issue
Retail Quota35.00% of Issue
EPS (Pre-IPO)₹12.46
EPS (Post-IPO)₹11.07
P/E Ratio (Pre-IPO)47.61x
P/E Ratio (Post-IPO)53.55x
Pre-IPO Promoter Holding11,13,46,602 shares
Post-IPO Promoter Holding11,29,48,626 shares
Fresh Issue Shares16,02,024 shares (aggregating up to ₹95.00 Cr)
Offer for Sale Shares1,34,90,726 shares of ₹1 (aggregating up to ₹800.00 Cr)
About Sudeep Pharma Ltd.

Incorporated in 1989, Sudeep Pharma Limited is a manufacturer of pharmaceutical excipients, food-grade minerals, and specialty nutrition ingredients serving over 100 countries.The company operates six manufacturing facilities with a combined production capacity of 50,000 MT, specializing in minerals such as calcium, iron, magnesium, zinc, potassium, and sodium The company supplies more than 200 products to a diverse customer base across pharma, food, and nutrition sectorsThe company has strong R&D capabilities with in-house labs and pilot-scale facilities focused on mineral salts and excipients.Product Portfolio:Pharmaceutical, Food and Nutrition BusinessSpecialty Ingredients BusinessTrituratesAs of December 31, 2024, the company had 704 permanent employees.Competitve Strengths:Market leadership with a diversified product portfolio in a high barrier industryDistinguished global customer base with long-standing relationships with key customersWell-equipped and regulatory compliant Manufacturing FacilitiesStrong research and development capabilities

Shareholding & Lock-in
Pre-IPO Promoter Holding 11,13,46,602 shares
Post-IPO Promoter Holding 11,29,48,626 shares
Lock-in Period (30%)December 26, 2025
Lock-in Period (50%)February 24, 2026
Check Allotment Check Status →
Sudeep Pharma Ltd. — Live Price LIVE
₹593.00
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Issue Price
₹593.00
Issue Price
₹593.00
Face Value
₹1
Lot Size
25 sh
Listed On
28 Nov 2025
Exchange
NSE & BSE
GMP
+₹113
Symbol: NSE:SUDEEP
Quick Facts
GMP Signal 🟢 Positive
StatusListed
Issue Price₹593
GMP+₹113
Est. Listing₹706
Lot Size25 shares
Min Amount₹29,650
Listing Date28 Nov 2025
QIB Shares7,546,376
NII Shares2,263,912
Retail Shares5,282,462
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹593
Listing Date28 Nov 2025
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Sudeep Pharma Ltd. Post-listing trend
Issue Price ₹593.00
GMP +₹113
Est. Listing ₹706.00
Status: Listed
Sudeep Pharma Ltd. IPO Subscription Status
Total shares offered: 1,50,92,750 (100.00%). Issue price: ₹593. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
QIB (Ex Anchor)
7,546,376 ₹447.500
NII
2,263,912 ₹134.250
Retail
5,282,462 ₹313.250
Total ** 15,092,750 ₹895.000
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensFri, 21 Nov 2025
Subscription ClosesTue, 25 Nov 2025
Anchor AllotmentThu, 20 Nov 2025
Basis of AllotmentWed, 26 Nov 2025
Initiation of RefundThu, 27 Nov 2025
Demat CreditThu, 27 Nov 2025
Listing DateFri, 28 Nov 2025
UPI Mandate Deadline2025-11-25
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 50 ₹29,650
Retail (Max — 13 Lots) 13 325 ₹192,725
S-HNI (Min — 14 Lots) 14 350 ₹207,550
S-HNI (Max — 66 Lots) 66 1,650 ₹978,450
B-HNI (Min — 67 Lots) 67 1,675 ₹993,275
* Issue Price ₹593 × Lot Size 25 shares
Basis of Allotment — Sudeep Pharma Ltd. IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 2,263,912 5,282,462 7,546,374
Allotment price (Rs.) 593 593 593 593 593 593 593 593
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 447.50 447.50 134.25 313.25 895.00
No. of times subscribed
No. of shares allotted 2,263,912 5,282,462 7,546,374
Amount (Rs.cr.) 447.50 447.50 134.25 313.25 447.50
No. of allottees
* Based on upper price band ₹593
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
QIB (Ex Anchor) 7,546,376 ₹447.50
50.00%
NII / HNI 2,263,912 ₹134.25
15.00%
Retail (RII) 5,282,462 ₹313.25
35.00%
Total 15,092,750 ₹895.00
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 30 Jun 2025 31 Mar 2025 31 Mar 2024
Revenue from Operations 130.08 511.33 465.38
EBITDA 48.57 199.28 187.76
Profit After Tax (PAT) 31.27 138.69 133.15
Net Worth 688.32 497.53 359.07
Total Assets 922.26 717.17 513.87
Reserves & Surplus 668.52 481.11 354.59
Total Borrowings 135.97 135.25 75.03
EBITDA Margin (%) 39.70%
PAT Margin (%) 27.63%
Key Ratios & Valuation
Issue Price₹593
Face Value₹1 Per Share
Price / Book Value (P/BV)12.93
Return on Equity (RoE)Not Available
Return on Capital Employed (RoCE)Not Available
Return on Net Worth (RoNW)27.88%
PAT Margin (%)27.63%
EBITDA Margin (%)39.70%
Debt / Equity Ratio0.20
Issue Structure & Shareholding
Total Shares Offered1,50,92,750 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding11,13,46,602 shares
Post-Issue Promoter Holding11,29,48,626 shares
Script CodeNot Available
Objects of the Issue

Sudeep Pharma Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital-cum-Offer for Sale
Total Shares Offered1,50,92,750 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding11,13,46,602 shares
Post-Issue Promoter Holding11,29,48,626 shares
Company Details
Company Name
Sudeep Pharma Ltd.
Listing Exchange
NSE & BSE
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
Not Available
Registered Address
129/1/A, GIDC Estate, Nandesari, Vadodara, Gujarat, 391340
IPO Registrar (Share Transfer Agent)
Book Running Lead Managers (BRLM)
ICICI Securities Ltd
Book Running Lead Manager (BRLM)
IIFL Capital Services Ltd
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
Anchor Allotment
20 Nov 2025, Thu
✓ Done
IPO Opens
21 Nov 2025, Fri
✓ Done
IPO Closes
25 Nov 2025, Tue
✓ Done
Basis of Allotment
26 Nov 2025, Wed
✓ Done
Initiation of Refunds
27 Nov 2025, Thu
✓ Done
Credit of Shares
27 Nov 2025, Thu
✓ Done
Listing Day
28 Nov 2025, Fri
✓ Done
Quick Summary
Issue Price₹593
Face Value₹10
Lot Size25 Shares
Min. Investment₹29,650
Open Date21 Nov 2025
Close Date25 Nov 2025
Allotment26 Nov 2025
Listing Date28 Nov 2025
ExchangeNSE & BSE
GMP+₹113
Est. Listing₹706
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