Sunrest Lifescience IPO Date, Review, Price, Allotment Details

Sunrest Lifescience IPO Details: Sunrest Lifescience IPO date is fixed, The IPO will open on November 7 and will close on November 9. Sunrest Lifescience is an NSE SME IPO to raise ₹10.85 crores via IPO. The Sunrest Lifescience IPO price band is fixed at ₹84 with a market lot of 1600 shares.
Sunrest Lifescience IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹134,400
Retail Maximum11600₹134,400
S-HNI Minimum23200₹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
YearRevenueExpensePAT
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/

Sunrest Lifescience IPO FAQs


What is Sunrest Lifescience IPO?

Sunrest Lifescience IPO is an NSE SME IPO. They are going to raise ₹10.85 Crores via IPO. The issue is priced at ₹84 per equity share. The IPO is to be listed on NSE.

When Sunrest Lifescience IPO will open?

The IPO is to open on November 7, 2023 for QIB, NII, and Retail Investors.

What is Sunrest Lifescience IPO Investors Portion?

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

How to Apply the Sunrest Lifescience IPO?

You can apply Sunrest Lifescience 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 Sunrest Lifescience 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 “Sunrest Lifescience”. 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 Sunrest Lifescience IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sunrest Lifescience”. 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 Sunrest Lifescience IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sunrest Lifescience”. 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 Sunrest Lifescience IPO Size?

Sunrest Lifescience IPO size is ₹10.85 crores.

What is Sunrest Lifescience IPO Price Band?

Sunrest Lifescience IPO Price Band is ₹84 per equity share.

What is Sunrest Lifescience IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹134,400.

What is Sunrest Lifescience IPO Allotment Date?

Sunrest Lifescience IPO allotment date is November 15, 2023.

What is Sunrest Lifescience IPO Listing Date?

Sunrest Lifescience IPO listing date is November 20, 2023. The IPO to list on NSE SME.

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

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