Sunrest Lifescience Limited is engaged in the marketing of OTC generic pharmaceutical products in the domestic market. They offer a range of pharmaceutical products manufactured by third-party manufacturers. They operate in different States of India such as Maharashtra, Gujarat, Madhya Pradesh, Orissa, and Rajasthan. The company has a presence in these States through Trade Mark registered products and/or products under registration.
Sunrest Lifescience deals in Capsules, Tablets, Syrup, Ointment, Gel, Mouth Wash, Solution, Suspension, Dry Powders, and Toothpaste. The product portfolio comprises of wide range of drugs like Anti-Bacterial, Anti Diarrheal, AntiFungal, Anti Material, Anti Diabetic, Dental Cure, Anti Protozol, Anti Histamine, Anti-Hypertensive drugs, Cosmetic, Anti Parasitic, Multivitamin, Multimineral, Nutraceutical and Anti-inflammatory. The company has 18 Registered Trademarks for 32 products. The products of the Company are sold to Stockists and Super Stockists & in turn, it is available at Chemist shops, Dispensaries, Hospitals, etc.
Their business operations are supported by one of their Group Companies and various third-party manufacturers. They typically work on a third-party manufacturing basis or at times purchase order basis with manufacturer of pharma products, depending upon the customer’s requirement.
Objects of the Issue:
- Meeting Working Capital Requirements
- General Corporate Purpose
- Meeting Public Issue Expenses
Sunrest Lifescience IPO Review
- May Apply
Sunrest Lifescience IPO Date & Price Band Details
IPO Open: | November 7, 2023 |
IPO Close: | November 9, 2023 |
IPO Size: | Approx ₹10.85 Crores, 1,291,200 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹84 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Sunrest Lifescience IPO Market Lot
The Sunrest Lifescience IPO minimum market lot is 1600 shares with a ₹134,400 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1600 | ₹134,400 |
Retail Maximum | 1 | 1600 | ₹134,400 |
S-HNI Minimum | 2 | 3200 | ₹268,800 |
Sunrest Lifescience IPO Dates
The Sunrest Lifescience IPO date is November 7 and the IPO close date is November 9. The IPO allotment date is November 15 and the IPO might list on November 20.
IPO Open Date: | November 7, 2023 |
IPO Close Date: | November 9, 2023 |
Basis of Allotment: | November 15, 2023 |
Refunds: | November 16, 2023 |
Credit to Demat Account: | November 17, 2023 |
IPO Listing Date: | November 20, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Sunrest Lifescience IPO Form
How to apply Sunrest Lifescience IPO? You can apply Sunrest Lifescience IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sunrest Lifescience IPO in the Invest section. The other option you can apply Sunrest Lifescience IPO via IPO forms download via the NSE website. Check out the Sunrest Lifescience forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Sunrest Lifescience Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹16.95 | ₹16.73 | ₹0.17 |
2022 | ₹26.91 | ₹25.86 | ₹0.77 |
2023 | ₹24.67 | ₹21.93 | ₹2.04 |
2024 3M | ₹5.64 | ₹4.66 | ₹0.75 |
Sunrest Lifescience IPO Valuation – FY2023
Check Sunrest Lifescience 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): | ₹6.81per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 65.59% |
Net Asset Value (NAV): | ₹10.38 per Equity Share |
Peer Group
- Trident Lifeline Limited
- Vaishali Pharma Limited
- Chandra Bhagat Pharma Limited
Company Promoters
- Mr. Nikhilkumar Y Thakkar
- Mr. Amitbhai Shambhulal Thakkar
- Mr. Bhagyesh Kiritbhai Parekh
- Mr. Bharatkumar V Thakkar
Sunrest Lifescience IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Sunrest Lifescience IPO Allotment Status
Check Sunrest Lifescience IPO allotment status on Skyline website URL. Click Here
Sunrest Lifescience IPO Lead Managers aka Merchant Bankers
- Mark Corporate Advisors Private Limited
Company Address
Sunrest Lifescience Limited
FF-41, Ajay Tenament-6,
Near Canal Near Ritanagar, Bus Stand Vastral Road,
Ahmedabad-382415
Phone: +91-079 – 29918245
Email: [email protected]
Website: https://sunrestlifescience.com/
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