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SME IPO Status: Listed [29th Mar 2023 to 3rd Apr 2023]
Sotac Pharmaceuticals Limited offers a SME IPO issue size of 3,000,000 equity shares worth up to Rs 33.30 Cr. The subscription for this SME IPO is opening from 29 Mar 2023 to 03 Apr 2023. The face value of the equity share is Rs 10 per share. The issue price band for this SME IPO is ranging from Rs 105 to Rs 111 per share along with the lot size of 1200 shares and its multiple.
Stay updated with us to know more about the Sotac Pharmaceuticals Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.
| SME IPO Issue Opening Date: | 29th Mar 2023 |
| SME IPO Issue Closing Date: | 3rd Apr 2023 |
| SME IPO Issue Price: | ₹105-111 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35% of the Net Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹33.30 Cr |
| Fresh Issue: | ₹33.30 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 84.63% |
| Promoter Holding Post IPO: | |
| Allotment Status: | Allotment Status |
| NSE Code: | SOTAC |
Get important updates regarding Sotac Pharmaceuticals SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 10th Apr 2023 |
| Refunds Initiation* | 11th Apr 2023 |
| Credit of Shares to Demat* | 12th Apr 2023 |
| SME IPO Listing Date* | 13th Apr 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹105-111 |
| Market Lot: | 1200 Shares |
| 1 Lot Amount: | ₹133200 |
| Min HNI Lots: | 2400 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 13-04-2023 | 111 | 10 | -- | ₹121 (9.01%) | 13-Apr-2023 10:09 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Sotac pharmaceutical Limited was formed in Oct 2015. SOTAC Pharmaceuticals Limited is part of the SOTAC group, based in Gujarat. They are in the business of manufacturing pharmaceutical products for different marketers on a loan license or contract manufacturing basis. Their business is majorly on principle to principle basis with different marketers. Its company has experience of more than 5 years in the current line of business of their company.
SOTAC Healthcare is engaged in manufacturing Beta-lactam drugs. SOTAC Research is engaged in the business of pharma molecule research and development. They have recently started a new venture, SOTAC Lifescience Private Limited (SOTAC Lifescience). They hold 51% of the total paid-up capital of SOTAC Lifescience. SOTAC Lifescience is a newly incorporated company and will be engaged in the business of Manufacturing of Nutraceuticals products and food products on a contract-manufacturing basis.
SOTAC Group is a pharma manufacturer, specializing in the manufacturing of a wide range of pharmaceutical products such as Non-Beta-Lactam (general) tablets, Non-Beta-Lactam (general) capsules, Non-Beta-lactam Syrup and external preparations through issuer company SOTAC Pharmaceuticals Limited. Beta-lactam coated tablets, uncoated beta-lactam tablets, beta-lactam capsules, oral liquid, dry syrup and external preparations such as nasal spray, relief spray and cream through 71% subsidiary company through SOTAC Healthcare Private Limited.
This group's therapeutic portfolio includes Anti-Diabetic, Anti-Psychotic, Vitamins, Minerals, Iron, Anti-Cold, AntiAllergic, Derma Products, Antacid, Anti-Ulcerants, PPI, Anti-Emetics, Cardiac, Anti-Hypertensives, Analgesic, AntiPyretic, Anti-Inflammatory, Anti-Bacterial, Anti-Viral, General Antibiotics IP-Lactams & Non-IP-Lactams, Anti-Fungal, Cephalosporin.
| Incorporation | Sector | IPO Issue Size | Website |
| 2015 | Pharmaceutical Industry | ₹33.30 Cr | http://www.sotacpharma.com/ |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | ||
|---|---|---|---|---|---|
| # of Shares Offered | 428,400 (15.03%) | 998,400 (35.03%) | 2,850,000 | ||
| 1 | 29th Mar 2023 19:32 | 0.00x | 0.05x | 0.02x | |
| 2 | 31st Mar 2023 19:32 | 0.00x | 0.72x | 0.15x | 0.23x |
| 3 | 3rd Apr 2023 19:32 | 1.00x | 4.04x | 0.91x | 1.60x |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 3,038.21 | 2,882.64 | 8.75 | 305.73 | 75.73 | 15.13 |
| 31-Mar-21 | 3,469.75 | 4,894.97 | -236.54 | 249.36 | 19.36 | 1,035.80 |
| 31-Mar-22 | 3,525.35 | 7,337.02 | 287.86 | 662.19 | 432.19 | 1,134.59 |
| 30-Sep-22 | 6,461.60 | 3,994.65 | 46.55 | 797.41 | 567.41 | 2,185.52 |
| Amount in ? Lakhs | ||||||
Last Updated on 16-Apr-2023 09:00:09
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Sotac Pharmaceuticals SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Sotac Pharmaceuticals SME IPO with Zerodha.
Alternate approch to apply in Sotac Pharmaceuticals SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Sotac Pharmaceuticals SME IPO Review and Important Updates
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To subscribe or apply in Sotac Pharmaceuticals SME IPO, you can use the following methods:
| Sotac Pharmaceuticals SME IPO Applying Mode | Method | Details |
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Sotac Pharmaceuticals SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Sotac Pharmaceuticals SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Sotac Pharmaceuticals SME IPO. Most of the Syndicate Banks provide access to apply in Sotac Pharmaceuticals IPO via ASBA process. You must have your net banking access, DP ID information to apply in Sotac Pharmaceuticals SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Sotac Pharmaceuticals SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Sotac Pharmaceuticals SME IPO Review and Important Updates
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Sotac Pharmaceuticals SME IPO is going to be list on 13-04-2023. NSE Code for Sotac Pharmaceuticals is SOTAC. BSE Code for Sotac Pharmaceuticals is .
Other relevant questions:
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Sotac Pharmaceuticals SME IPO Allotment Date is 10-04-2023.
Other relevant questions:
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