Senores Pharmaceuticals IPO Date, Review, Price, Allotment Details

Senores Pharmaceuticals IPO open date is December 20, 2024 and the IPO will close on December 24, 2024. Senores Pharmaceuticals IPO is a Book Built Issue. The company to raise around ₹582.11 crores via IPO that comprises fresh issue of ₹500 crores and offer for sale up to 21,00,000 equity shares with face value of ₹10 each.

Senores Pharmaceuticals IPO price band is ₹372 to ₹391 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Senores Pharmaceuticals IPO to list on BSE, NSE on December 30, 2024. The allotment of Senores Pharmaceuticals IPO date is December 26, 2024.

The company reported revenue of ₹217.34 crores in 2024 against ₹39.02 crore in 2023. The company reported loss of ₹32.71 crores in 2024 against Profit of ₹8.43 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Senores Pharmaceuticals IPO Details

IPO Open Date:December 20, 2024
IPO Close Date:December 24, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹372 to ₹391 Per Share
Issue Size:Approx ₹582.11 Crores, 1,48,87,723 Equity Shares
Fresh Issue:Approx ₹500 Crores, 1,27,87,723 Equity Shares
Offer for Sale:Approx ₹82.11 Crores, 1,27,87,723 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Senores Pharmaceuticals IPO Market Lot

The Senores Pharmaceuticals IPO minimum market lot is 38 shares with ₹14,858 application amount. The retail investors can apply up-to 13 lots with 494 shares or ₹1,93,154 amount.

ApplicationLot SizeSharesAmount
Retail Minimum138₹14,858
Retail Maximum13494₹1,93,154
S-HNI Minimum14532₹2,08,012
B-HNI Minimum682,584₹10,10,344

Senores Pharmaceuticals IPO Dates

The Senores Pharmaceuticals IPO date is December 20 and the close date is December 24. The Senores Pharmaceuticals IPO allotment will be finalized on December 26 and the IPO listing on December 30.

IPO Open Date:December 20, 2024
IPO Close Date:December 24, 2024
Basis of Allotment:December 26, 2024
Refunds:December 27, 2024
Credit to Demat Account:December 27, 2024
IPO Listing Date:December 30, 2024

Promoters of Senores Pharmaceuticals IPO

The promoters of the company are Swapnil Jatinbhai Shah and Ashokkumar Vijaysinh Barot

About Senores Pharmaceuticals IPO

Senores is one of the great pharmaceuticals focusing on generic medicine. It has also been certified by global food and drug authorities. Nowadays it is committed to providing good quality and manufacturing products to raise new demand in the global healthcare industry. At present, they have a goal of innovation, production, and manufacturing verticals and also have the vision to make more affordable and accessible healthcare, especially for varied types of products. Moreover, they are providing a dynamic strategy, offering them access to products that are good to go. Noticeably, they have the strength of identifying, producing, specialty, underpenetrated, and complex pharmaceutical products, and received the reliability of customers to choose them over and over. It is focused on the US and Canadian markets, simultaneously 43 countries have also felt the presence of them. The company also manufactures critical care injectables and active pharmaceutical ingredients (APIs).

Senores Pharmaceuticals IPO Company Financial Report

The company reported revenue of ₹217.34 crores in 2024 against ₹39.02 crore in 2023. The company reported loss of ₹32.71 crores in 2024 against Profit of ₹8.43 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹14.63₹13.49₹0.99₹59.15
2023₹39.02₹26.58₹8.43₹131.05
2024₹217.34₹192.40₹32.71₹621.88
September 2024₹183.35₹153.95₹23.94₹678.08

Senores Pharmaceuticals IPO Valuation – FY2024

Check Senores Pharmaceuticals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:23.60%
ROCE:11.73%
EBITDA Margin:20.70%
PAT Margin:15.25%
Debt to equity ratio:1.07
Earning Per Share (EPS):₹13.67 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):23.60%
Net Asset Value (NAV):₹66.96

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Ajanta Pharma Limited64.8234.3723.47%281.604208.71 Cr.
Alembic Pharmaceuticals Limited31.3334.5813.40%245.126228.63 Cr.
Caplin Point Laboratories Limited60.7925.2321.69%309.031694.10 Cr.
Gland Pharma Limited46.9043.739.26%529.655664.72 Cr.
Strides Pharma Science Limited(7.76)NA(4.44%)225.434051.12 Cr.

Objects of the Issue

  • Funding the capital expenditure requirements by investment in of one of our Subsidiaries, Havix Group, Inc. d/b/a Aavis Pharmaceuticals (“Havix”), for setting up a manufacturing facility for the production of sterile injections in our Atlanta Facility;
  • Re-payment/pre-payment, in full or in part, of certain borrowings availed by our Company and our Subsidiaries, namely, Havix, Ratnatris Pharmaceutical Private Limited (“Ratnatris”) and Senores Pharmaceuticals Inc. (“SPI”);
  • Funding the working capital requirements of our Company and our Subsidiaries, namely, SPI and Ratnatris; and
  • Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes.

Senores Pharmaceuticals IPO Review

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Senores Pharmaceuticals IPO Registrar

Link Intime India Private Limited
Phone: +91 8108114949
E-mail: [email protected]
Website: https://linkintime.co.in/initial_offer/

IPO Lead Managers aka Merchant Bankers

  • Equirus Capital Private Limited
  • Ambit Private Limited
  • Nuvama Wealth Management Limited

Company Address

Senores Pharmaceuticals Limited
1101 to 1103,
11th floor, South Tower, ONE 42
Opposite Jayantilal Park,
Ambali Bopal Road, Ahmedabad,
Ahmedabad, Gujarat,
India, 380054
Phone: +91 -79-29999857
Email: [email protected];
Website: www. senorespharma.com

Senores Pharmaceuticals IPO FAQs

What is Senores Pharmaceuticals IPO?

Senores Pharmaceuticals IPO is a Mainboard IPO. The company is going to raise ₹582.11 Crores via IPO. The issue is priced at ₹372 to ₹391 per equity share. The IPO is to be listed on BSE & NSE.

When Senores Pharmaceuticals IPO will open for subscription?

The IPO is to open on December 20, 2024 for QIB, NII, and Retail Investors. The IPO will close on December 24, 2024.

What is Senores Pharmaceuticals IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Senores Pharmaceuticals IPO?

You can apply for Senores Pharmaceuticals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Senores Pharmaceuticals IPO Issue Size?

Senores Pharmaceuticals IPO issue size is ₹582.11 crores.

What is Senores Pharmaceuticals IPO Price Band?

Senores Pharmaceuticals IPO Price Band is ₹372 to ₹391 .

What is Senores Pharmaceuticals IPO Lot Size?

The minimum bid is 38 Shares with ₹14,858 amount.

What is the Senores Pharmaceuticals IPO Allotment Date?

Senores Pharmaceuticals IPO allotment date is December 26, 2024.

What is the Senores Pharmaceuticals IPO Listing Date?

Senores Pharmaceuticals IPO listing date is December 30, 2024. The IPO is to list on BSE & NSE.

Note: The Senores Pharmaceuticals IPO price band and date are officially announced. The (Senores Pharmaceuticals IPO grey market premium) will be added to the IPO GMP page as it will start).
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    2 Responses

    1. Sir,
      Could not find your allotment details in the Linkintime App.

      Pls advise when I will be able to view the same.

      Regards,

      Rajan, Calicut

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