243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Senores Pharmaceuticals Limited

Ahmedabad

Date of DRHP : 26 Jul 2024

Issue Type : Book building Process

IPO Type :
MainBoard IPO

Senores Pharmaceuticals Basic Details

   Pharmaceutical

Sub Sector: developing and manufacturing a wide range of pharmaceutical products

About the Company

Senores Pharmaceuticals is a global research driven pharmaceutical company engaged in developing and manufacturing a wide range of pharmaceutical products predominantly for the Regulated Markets across various therapeutic areas and dosage forms, with a presence in Emerging Markets. Senores Pharmaceuticals strength lies in identifying, developing and manufacturing a diverse range of specialty, underpenetrated and complex pharmaceutical products establishing us as a preferred partner to certain customers.Through data analytics, research, market assessment and experienced management, we strategically identify commercially underpenetrated molecules to launch products in the Regulated and Emerging Markets. Senores Pharmaceuticals leverage our R&D capabilities to develop and manufacture a portfolio of differentiated complex pharmaceutical products. Senores Pharmaceuticals focus on quality and company's ability to identify specialty and complex molecules has resulted in an extensive pipeline of curated complex products spanning diverse dosage forms and therapeutic domains, demonstrated through our partnerships in the Regulated Markets with prominent foreign and Indian pharmaceutical companies including Prasco LLC, Lannett Company Inc., Jubilant Cadista Pharmaceuticals Inc., Alkem Laboratories Limited, Sun Pharmaceuticals Industries Limited, Dr. Reddy’s Laboratories Inc. and Cipla USA Inc.Their business is primarily focussed on the Regulated Markets of US and Canada. Senores Pharmaceuticals have a presence in the Emerging Markets across 43 countries. Senores Pharmaceuticals also manufacture critical care injectables and APIs.

Financial Summary (Annualised Basis)

Revenue :
217.34 Cr.

PAT :
32.70 Cr.

Senores Pharmaceuticals IPO Registrar

Link Intime India Private Limited

Senores Pharmaceuticals DRHP Details

Objects of issue

  • Funding the capital expenditure requirements by investment in of one of their Subsidiaries, Havix Group, Inc. d/b/aAavis Pharmaceuticals(“Havix”), for setting up a manufacturing facility for the production of sterile injections in our Atlanta Facility;
  • Re-payment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries, namely, Havix, Ratnatris Pharmaceutical Private Limited (“Ratnatris”) and Senores Pharmaceuticals Inc. (“SPI”)
  • Funding the working capital requirements of the Company and their Subsidiaries, namely, SPI and Ratnatris
  • Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes

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FAQs

Senores Pharmaceuticals operates in Pharmaceutical and developing and manufacturing a wide range of pharmaceutical products. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Senores Pharmaceuticals is Book building Process and Object of issue is

  • Funding the capital expenditure requirements by investment in of one of their Subsidiaries, Havix Group, Inc. d/b/aAavis Pharmaceuticals(“Havix”), for setting up a manufacturing facility for the production of sterile injections in our Atlanta Facility;
  • Re-payment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries, namely, Havix, Ratnatris Pharmaceutical Private Limited (“Ratnatris”) and Senores Pharmaceuticals Inc. (“SPI”)
  • Funding the working capital requirements of the Company and their Subsidiaries, namely, SPI and Ratnatris
  • Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes

The DRHP (Draft Red Herring Prospectus) of Senores Pharmaceuticals IPO was filed on 26 Jul 2024.

No, Senores Pharmaceuticals IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Senores Pharmaceuticals are not available now. You can apply in Senores Pharmaceuticals IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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