Sotac Pharmaceuticals IPO subscription status started on Wednesday March 29, 2023 and will close on April 3, 2023. Sotac Pharmaceuticals IPO to raise around ₹33.30 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹105 to ₹111 per equity share.
The Sotac Pharmaceuticals IPO minimum market lot is 1200 shares with ₹133,200 application amount. The IPO to list on NSE.
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.
We recommend investors may apply an IPO with Caution (Risky) Investors should also look at the QIB, NII, and Retail numbers before investing.
Sotac Pharmaceuticals IPO Subscription Status
|Category||Day 1||Day 2||Day 3|
Sotac Pharmaceuticals IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sotac Pharmaceuticals IPO Review
Sotac Pharmaceuticals IPO Date & Price Band
|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
Sotac Pharmaceuticals IPO Subscription Dates
|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 Form
How to apply for the Sotac Pharmaceuticals IPO? You can apply for 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 is you can apply for Sotac Pharmaceuticals IPO via IPO forms downloaded via NSE. Check out the Sotac Pharmaceuticals forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.