► Upstox (Free Demat)

Sotac Pharmaceuticals IPO GMP, Date, Price, Review, Allotment 2023

Sotac Pharmaceuticals IPO Details: Sotac Pharmaceuticals IPO date is fixed, The IPO will open on March 29 and will close on April 3, 2023. Sotac Pharmaceuticals is an NSE SME IPO to raise ₹33.30 crores via IPO. The Sotac Pharmaceuticals IPO price band is fixed at ₹105 to ₹111 with a market lot of 1200 shares.
Sotac Pharmaceuticals IPO

Table of Contents

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.

DateGMPKostakSubject 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.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹133,200
Retail Maximum11200₹133,200
S-HNI Minimum22400₹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
YearRevenueExpensePAT
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/

Sotac Pharmaceuticals IPO FAQs


What is Sotac Pharmaceuticals IPO?

Sotac Pharmaceuticals IPO is an NSE SME IPO. They are going to raise ₹33.30 Crores via IPO. The issue is priced at ₹105 to ₹111 per equity share. The IPO is to be listed on NSE.

When Sotac Pharmaceuticals IPO will open?

The IPO is to open on March 29, 2023 for QIB, NII, and Retail Investors.

What is Sotac Pharmaceuticals IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Sotac Pharmaceuticals IPO?

You can apply Sotac 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.

How to Apply the Sotac Pharmaceuticals IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sotac Pharmaceuticals”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sotac Pharmaceuticals IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sotac Pharmaceuticals”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sotac Pharmaceuticals IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sotac Pharmaceuticals”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sotac Pharmaceuticals IPO Size?

Sotac Pharmaceuticals IPO size is ₹33.30 crores.

What is Sotac Pharmaceuticals IPO Price Band?

Sotac Pharmaceuticals IPO Price Band is ₹105 to ₹111 per equity share.

What is Sotac Pharmaceuticals IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹133,200.

What is Sotac Pharmaceuticals IPO Allotment Date?

Sotac Pharmaceuticals IPO allotment date is April 10, 2023.

What is Sotac Pharmaceuticals IPO Listing Date?

Sotac Pharmaceuticals IPO listing date is April 13, 2023. The IPO to list on NSE SME.

Note: The Sotac Pharmaceuticals IPO details are announced officially. The IPO grey market premium (Sotac Pharmaceuticals IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Share the Post:
Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *