Sudeep Pharma IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Nov 21 to Nov 25 2025
Price Band
₹563 - 593
Current GMP
₹730.0 (+23.10%)
Subscription
93.71 times
IPO Details
| IPO Date | November 21, 2025 to November 25, 2025 |
| Listing Date | November 28, 2025 |
| Face Value | ₹1 per share |
| Issue Price Band | ₹563 to ₹593 per share |
| Issue Price Final | ₹593 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,50,92,749 shares (aggregating up to ₹895.00 Cr) |
| Fresh Issue | 16,02,023 shares (aggregating up to ₹95.00 Cr) |
| Offer for Sale | 1,34,90,726 shares of ₹1 (aggregating up to ₹800.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 11,13,46,602 shares |
| Share Holding Post Issue | 11,29,48,625 shares |
IPO Date
November 21, 2025 to November 25, 2025
Listing Date
November 28, 2025
Face Value
₹1 per share
Issue Price Band
₹563 to ₹593 per share
Issue Price Final
₹593 per share
Lot Size
25 Shares
Sale Type
Fresh Capital-cum-Offer for Sale
Total Issue Size
1,50,92,749 shares (aggregating up to ₹895.00 Cr)
Fresh Issue
16,02,023 shares (aggregating up to ₹95.00 Cr)
Offer for Sale
1,34,90,726 shares of ₹1 (aggregating up to ₹800.00 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Share Holding Pre Issue
11,13,46,602 shares
Share Holding Post Issue
11,29,48,625 shares
IPO Subscription Details
| Anchor Investors | 1 |
| QIB (Ex Anchor) | 213.08 |
| Non-Institutional Buyers | 116.72 |
| bNII (bids above ₹10L) | 134.91 |
| sNII (bids below ₹10L) | 80.33 |
| Retail Investors | 15.65 |
| Total ** | 93.71 |
Anchor Investors
1
QIB (Ex Anchor)
213.08
Non-Institutional Buyers
116.72
bNII (bids above ₹10L)
134.91
sNII (bids below ₹10L)
80.33
Retail Investors
15.65
Total **
93.71
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 Nov 21, 2025 | 0.09 | 3.01 | 2.75 | 3.53 | 1.53 | 1.43 |
| Day 2 Nov 24, 2025 | 0.13 | 12.03 | 10.99 | 14.11 | 5.02 | 5.13 |
| Day 3 Nov 25, 2025 | 213.08 | 116.72 | 134.91 | 80.33 | 15.65 | 93.71 |
DayDay 1
Nov 21, 2025
QIB (Ex Anchor)0.09
NII3.01
NII (> ₹10L)2.75
NII (< ₹10L)3.53
Retail1.53
Total1.43
DayDay 2
Nov 24, 2025
QIB (Ex Anchor)0.13
NII12.03
NII (> ₹10L)10.99
NII (< ₹10L)14.11
Retail5.02
Total5.13
DayDay 3
Nov 25, 2025
QIB (Ex Anchor)213.08
NII116.72
NII (> ₹10L)134.91
NII (< ₹10L)80.33
Retail15.65
Total93.71
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 28-11-2025 | 593.00 | 121(20.40%) | 714 |
| 27-11-2025 | 593.00 | 121(20.40%) | 714 |
| 26-11-2025 | 593.00 | 97(16.36%) | 690 |
| 25-11-2025 | 593.00 | 86(14.50%) | 679 |
| 24-11-2025 | 593.00 | 90(15.18%) | 683 |
| 23-11-2025 | 593.00 | 121(20.40%) | 714 |
| 22-11-2025 | 593.00 | 113(19.06%) | 706 |
| 21-11-2025 | 593.00 | 115(19.39%) | 708 |
| 20-11-2025 | 593.00 | 122(20.57%) | 715 |
| 19-11-2025 | 593.00 | 130(21.92%) | 723 |
| 18-11-2025 | 593.00 | 93(15.68%) | 686 |
| 17-11-2025 | 0(%) | (%) |
Date28-11-2025
Price593.00
GMP121(20.40%)
Estimate List Price714
Date27-11-2025
Price593.00
GMP121(20.40%)
Estimate List Price714
Date26-11-2025
Price593.00
GMP97(16.36%)
Estimate List Price690
Date25-11-2025
Price593.00
GMP86(14.50%)
Estimate List Price679
Date24-11-2025
Price593.00
GMP90(15.18%)
Estimate List Price683
Date23-11-2025
Price593.00
GMP121(20.40%)
Estimate List Price714
Date22-11-2025
Price593.00
GMP113(19.06%)
Estimate List Price706
Date21-11-2025
Price593.00
GMP115(19.39%)
Estimate List Price708
Date20-11-2025
Price593.00
GMP122(20.57%)
Estimate List Price715
Date19-11-2025
Price593.00
GMP130(21.92%)
Estimate List Price723
Date18-11-2025
Price593.00
GMP93(15.68%)
Estimate List Price686
Date17-11-2025
Price
GMP0(%)
Estimate List Price(%)
IPO Important Dates
| IPO Open Date | Fri, Nov 21, 2025 |
| IPO Close Date | Tue, Nov 25, 2025 |
| Tentative Allotment | Wed, Nov 26, 2025 |
| Initiation of Refunds | Thu, Nov 27, 2025 |
| Credit of Shares to Demat | Thu, Nov 27, 2025 |
| Tentative Listing Date | Fri, Nov 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Nov 25, 2025 |
IPO Open Date
Fri, Nov 21, 2025
IPO Close Date
Tue, Nov 25, 2025
Tentative Allotment
Wed, Nov 26, 2025
Initiation of Refunds
Thu, Nov 27, 2025
Credit of Shares to Demat
Thu, Nov 27, 2025
Tentative Listing Date
Fri, Nov 28, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Nov 25, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,825 |
| Retail (Max) | 13 | 325 | ₹1,92,725 |
| S-HNI (Min) | 14 | 350 | ₹2,07,550 |
| S-HNI (Max) | 67 | 1,675 | ₹9,93,275 |
| B-HNI (Min) | 68 | 1,700 | ₹10,08,100 |
ApplicationRetail (Min)
Lots1
Shares25
Amount₹14,825
ApplicationRetail (Max)
Lots13
Shares325
Amount₹1,92,725
ApplicationS-HNI (Min)
Lots14
Shares350
Amount₹2,07,550
ApplicationS-HNI (Max)
Lots67
Shares1,675
Amount₹9,93,275
ApplicationB-HNI (Min)
Lots68
Shares1,700
Amount₹10,08,100
Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 922.26 | 717.17 | 513.87 |
| Total Income | 130.08 | 511.33 | 465.38 |
| Profit After Tax | 31.27 | 138.69 | 133.15 |
| EBITDA | 48.57 | 199.28 | 187.76 |
| NET Worth | 688.32 | 497.53 | 359.07 |
| Reserves and Surplus | 668.52 | 481.11 | 354.59 |
| Total Borrowing | 135.97 | 135.25 | 75.03 |
Period EndedPeriod Ended
30 Jun 202530 Jun 2025
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
Period EndedAssets
30 Jun 2025922.26
31 Mar 2025717.17
31 Mar 2024513.87
Period EndedTotal Income
30 Jun 2025130.08
31 Mar 2025511.33
31 Mar 2024465.38
Period EndedProfit After Tax
30 Jun 202531.27
31 Mar 2025138.69
31 Mar 2024133.15
Period EndedEBITDA
30 Jun 202548.57
31 Mar 2025199.28
31 Mar 2024187.76
Period EndedNET Worth
30 Jun 2025688.32
31 Mar 2025497.53
31 Mar 2024359.07
Period EndedReserves and Surplus
30 Jun 2025668.52
31 Mar 2025481.11
31 Mar 2024354.59
Period EndedTotal Borrowing
30 Jun 2025135.97
31 Mar 2025135.25
31 Mar 202475.03
Key Performance Indicator
| Debt/Equity | 0.2 |
| RoNW | 27.88 |
| PAT Margin | 27.63 |
| EBITDA Margin | 39.7 |
| Price to Book Value | 12.93 |
| Market Capitalization | 6697.85 |
Debt/Equity
0.2
RoNW
27.88
PAT Margin
27.63
EBITDA Margin
39.7
Price to Book Value
12.93
Market Capitalization
6697.85
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 75,46,373 (50.00%) | NA |
| − Anchor Investor Shares Offered | 45,27,823 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 30,18,550 (20.00%) | NA |
| NII (HNI) Shares Offered | 22,63,913 (15.00%) | NA |
| − bNII > ₹10L | 15,09,276 (10.00%) | 4,312 |
| − sNII < ₹10L | 7,54,637 (5.00%) | 2,156 |
| Retail Shares Offered | 52,82,463 (35.00%) | 2,11,298 |
| Total Shares Offered | 1,50,92,749 (100.00%) |
Investor CategoryQIB Shares Offered
Shares Offered75,46,373 (50.00%)
Maximum AllotteesNA
Investor Category− Anchor Investor Shares Offered
Shares Offered45,27,823 (30.00%)
Maximum AllotteesNA
Investor Category− QIB (Ex. Anchor) Shares Offered
Shares Offered30,18,550 (20.00%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered22,63,913 (15.00%)
Maximum AllotteesNA
Investor Category− bNII > ₹10L
Shares Offered15,09,276 (10.00%)
Maximum Allottees4,312
Investor Category− sNII < ₹10L
Shares Offered7,54,637 (5.00%)
Maximum Allottees2,156
Investor CategoryRetail Shares Offered
Shares Offered52,82,463 (35.00%)
Maximum Allottees2,11,298
Investor CategoryTotal Shares Offered
Shares Offered1,50,92,749 (100.00%)
Maximum Allottees
Information about company
Incorporated in 1989, Sudeep Pharma Limited is a manufacturer of pharmaceutical excipients, food-grade minerals, and specialty nutrition ingredients serving over 100 countries.
The company operates six manufacturing facilities with a combined production capacity of 50,000 MT, specializing in minerals such as calcium, iron, magnesium, zinc, potassium, and sodium
The company supplies more than 200 products to a diverse customer base across pharma, food, and nutrition sectors
The company has strong R&D capabilities with in-house labs and pilot-scale facilities focused on mineral salts and excipients.
Product Portfolio:
Pharmaceutical, Food and Nutrition Business
Specialty Ingredients Business
Triturates
As of December 31, 2024, the company had 704 permanent employees.
Competitve Strengths:
Market leadership with a diversified product portfolio in a high barrier industry
Distinguished global customer base with long-standing relationships with key customers
Well-equipped and regulatory compliant Manufacturing Facilities
Strong research and development capabilities
Objectives of IPO
The Company Sudeep Pharma IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Capital expenditure towards procurement of machinery for the production line located at Nandesari Facility I
75.81
2
General corporate purposes
12.67
Disclaimer
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