Sotac Pharmaceuticals IPO Subscription Status – IPO Closed

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.

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.

IPOWatch View

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

CategoryDay 1Day 2Day 3
QIB0.000.001.00
NII0.000.724.04
RII0.050.150.91
Total0.020.231.60

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

  • Avoid

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

ApplicationLot SizeSharesAmount
Retail Minimum11200₹133,200
Retail Maximum11200₹133,200
S-HNI Minimum22400₹266,400

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.

Sotac Pharmaceuticals IPO Subscription Status FAQs:


When Sotac Pharmaceuticals IPO Subscription will start?

The IPO subscription starts on March 29, 2023 for QIB, NII, and Retail Investors.

How to subscribe Sotac Pharmaceuticals IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Sotac Pharmaceuticals IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

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 the Sotac Pharmaceuticals IPO Allotment Date?

Sotac Pharmaceuticals IPO allotment date is April 10, 2023.

What is the Sotac Pharmaceuticals IPO Listing Date?

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

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