247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sotac Pharmaceuticals Limited IPO (Sotac Pharmaceuticals IPO) Details

Sotac Pharmaceuticals Limited is an Pharmaceutical based company, located in Ahmedabad, Sotac Pharmaceuticals Limited IPO size was 33.30 Cr. and was issued at 111.00 per share. The share of Sotac Pharmaceuticals Limited were listed at 115.00 per share and are currently trading at 113.30 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
79.90 Cr.

PAT :
0.93 Cr.

Pricing Report

Issue Price :
111.00

Listing Price :
115.00

Current Market Price :
113.30

Issue Price vs CMP :
2.3 (2.07%)

listing Price vs CMP :
1.7 (1.48%)

Performance Report (CAGR* wise)

CAGR : 1.16
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Sotac Pharmaceuticals

Company Information
SOTAC Pharmaceuticals is part of SOTAC group, based at Gujarat. The company has been founded by their visionary promoters Mr. Sharadkumar Dashrathbhai Patel, Mr. Dineshkumar Babulal Gelot, Mr. Vishalkumar Devrajbhai Patel, Mr. Chetankumar Bachubhai Patel and Late Mr. Baldevbhai Trikambhai Jotania. One of their current promoters Mrs. Kiranben Baldevbhai Jotania, wife of Late Mr. Baldevbhai Trikambhai Jotania, acquired 4,09,000 shares by way of transmission of shares due to his death. They are in business of manufacturing of pharmaceutical products for different marketers on loan license or contract manufacturing basis. Their business is majorly on principle to principle basis with different marketers. As on the date of this Draft Red Herring Prospectus, they cater to 162 corporate clients on loan licence and/or contract manufacturing basis. The
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Object of Issue
  • To Meet Working Capital Requirements
  • Investment in Subsidiary
  • Upgradation / Construction of Existing /New Building in the Existing Premises
  • General Corporate Purposes
  • To meet Public Issue Expenses

Sotac Pharmaceuticals SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2023
IPO Size :
33.30 Cr.
Market Cap :
122.66 Cr.   
IPO Subscription :
1.60 X     
PE Multiple :
132.14
IPO Registrar:
Kfin Technologies Limited

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FAQs

Sotac Pharmaceuticals operates in Pharmaceutical and . The Issue is listed on NSE EMERGE in Apr, 2023. Sotac Pharmaceuticals IPO size was 33.30 Cr. with Issue price of 111.00 .

Sotac Pharmaceuticals IPO subscription was 1.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sotac Pharmaceuticals IPO listed at a listing price of 115.00 against the offer price of 111.00.

The current market price of Sotac Pharmaceuticals is 113.30.

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