Sotac Pharmaceuticals Limited is a part of SOTAC Group and one of the leading pharmaceutical manufacturers in India. They specialize in manufacturing a wide range of pharmaceutical products. They provide a good quality product at an affordable cost to a large number of healthcare professionals.
SOTAC has the goal to be one of India’s leading manufacturers in contract manufacturing and development services provider in the International and Domestic market. They have over 160 corporate clients on a loan license and/or contract manufacturing basis. Their manufacturing facility has the capacity to manufacture 90 Crore tables/year, and 14 Crore Capsules/year.
Objects of the 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 Review
- Avoid
Sotac Pharmaceuticals IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 13 April | ₹10 | ₹- | ₹- |
Sotac Pharmaceuticals IPO Date & Price Band Details
| IPO Open: | March 29, 2023 |
| IPO Close: | April 3, 2023 |
| IPO Size: | Approx ₹33.30 Crores, 3,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹105 to ₹111 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sotac Pharmaceuticals IPO Market Lot
The Sotac Pharmaceuticals IPO minimum market lot is 1200 shares with a ₹133,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹133,200 |
| Retail Maximum | 1 | 1200 | ₹133,200 |
| S-HNI Minimum | 2 | 2400 | ₹266,400 |
Sotac Pharmaceuticals IPO Dates
The Sotac Pharmaceuticals IPO date is March 29 and the IPO close date is April 3. The IPO allotment date is April 10 and the IPO might list on April 13.
| IPO Open Date: | March 29, 2023 |
| IPO Close Date: | April 3, 2023 |
| Basis of Allotment: | April 10, 2023 |
| Refunds: | April 11, 2023 |
| Credit to Demat Account: | April 12, 2023 |
| IPO Listing Date: | April 13, 2023 |
Sotac Pharmaceuticals IPO Anchor Investors Details
- Anchor lock-in period end date for 50% shares (30 Days): May 24, 2023
- Anchor lock-in period end date for remaining shares (90 Days): Aug 18, 2023
You can check IPO subscription status and IPO allotment status on their respective pages.
Sotac Pharmaceuticals IPO Form
How to apply Sotac Pharmaceuticals IPO? You can apply Sotac Pharmaceuticals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sotac Pharmaceuticals IPO in the Invest section. The other option you can apply Sotac Pharmaceuticals IPO via IPO forms download via the NSE website. Check out the Sotac Pharmaceuticals forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Sotac Pharmaceuticals Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹28.76 | ₹27.85 | ₹0.71 |
| 2021 | ₹43.52 | ₹42.31 | ₹0.86 |
| 2022 | ₹73.37 | ₹68.68 | ₹2.88 |
| 2023 6M | ₹30.86 | ₹26.56 | ₹3.10 |
Sotac Pharmaceuticals IPO Valuation – FY2022
Check Sotac 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.
| Earning Per Share (EPS): | ₹3.58 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 43.47% |
| Net Asset Value (NAV): | ₹8.23 per Equity Share |
Peer Group
- Lincoln Pharmaceuticals Limited
Company Promoters
- Mr. Sharadkumar Dashrathbhai Patel
- Mr. Dineshkumar Babulal Gelot
- Mr. Vishalkumar Devrajbhai Patel
- Mr. Chetankumar Bachubhai Patel
- Mrs. Kiran Baldevbhai Jotania
Sotac Pharmaceuticals IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Sotac Pharmaceuticals IPO Allotment Status
Check Sotac Pharmaceuticals IPO allotment status on KFintech website URL. Click Here
Sotac Pharmaceuticals IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
Company Address
Sotac Pharmaceuticals Limited
Plot No. PF-21, Nr. ACME Pharma,
Opp. Teva Pharma Sanand GIDC-II,
Sanand Ahmedabad – 382110
Phone: +91 90819 93300
Email: [email protected]
Website: http://www.sotacpharma.com/
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