Sotac Pharmaceuticals Limited IPO

NSE SME

Listed On: Apr 13, 2023 at ₹ 115.0

₹ 133200 /1200 Shares

Check Allotment

Sotac Pharmaceuticals Limited IPO Live Subscription Details

Date

03 Apr 2023,5:00:00 PM

QIBs

1.00

NII

4.04

Retail

0.91x

Total

1.60 times

Sotac Pharmaceuticals Limited IPO Details

29 Mar, 2023

Open Date

03 Apr, 2023

Close Date

10 Apr, 2023

Allotment Date

13 Apr, 2023

Listing Date

Issue Price

₹105-111 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

KFin Technologies Limited

List Price

115.0

Listing Date

2023-04-13

Market Lot

1200 Shares (₹133,200/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

3,000,000 shares(aggregating up to ₹33.30 Cr)

Retail Portion

N/A

Subscription

1.60 times

IPO Docs

DRHP RHP

Sotac Pharmaceuticals Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	571,800 / 428,400	998,400	1,998,600
Day 1 - 30-03-23 06:00 PM	0.00 / 0.00 x	0.05 x	0.02 x
Day 2 - 31-03-23 06:00 PM	0.00 / 0.72 x	0.15 x	0.23 x
Day 3 - 03-04-23 06:00 PM	1.00 / 4.04 x	0.91 x	1.60 x

Sotac Pharmaceuticals Limited Valuations

Earnings Per Share (EPS)

₹3.58/-

P/E Ratio

N/A

RoNW

43.47%

Net Asset Value (NAV) - Post Issue

₹8.23/-

Sotac Pharmaceuticals Limited Company Financials All values are in ₹ Lakh

	30-Sept-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	6,461.60	3,525.35	3,469.75	3,038.21
Revenue	3,994.65	7,337.02	4,894.97	2,882.64
Profit After Tax	46.55	287.86	-236.54	8.75

About The Company

Sotac Pharmaceuticals Limited is a part of the SOTAC group, based in Gujarat. The company is in the business of manufacturing pharmaceutical products for different marketers on a loan license or contract manufacturing basis. The company's business is majorly on principle to principle basis with different marketers.

SOTAC is serving over 162 corporate clients on a loan license and/or contract manufacturing basis. With their vast experience in the pharmaceutical segment, the company is growing and enlarging its scale of operations every year.

Sotac Pharmaceuticals established its manufacturing facility in the year 2017. In the year, the company's manufacturing facility was installed with the capacity to manufacture 90 Crore tables/year, and 14 Crore Capsules/year.

With a combined experience of over 59 years in the pharmaceutical manufacturing Industry of the Promoters, the company is blooming and expanding in various horizons.

Sotac Pharmaceuticals Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Sotac Pharmaceuticals Limited IPO - Issue Objectives

To Meet Working Capital Requirements
Investment in Subsidiary
Upgradation / Construction of Existing /New Building in the Existing Premises
General Corporate Purpose
To meet Public Issue Expenses

Sotac Pharmaceuticals Limited IPO - FAQs

Ans. Sotac Pharmaceuticals Limited IPO is a SME IPO. The issue is priced at ₹105-111 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 29, 2023, and closes on Apr 3, 2023. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Sotac Pharmaceuticals Limited IPO opens on Mar 29, 2023 and closes on Apr 3, 2023.

Ans. The size of Sotac Pharmaceuticals Limited IPO is 3,000,000 shares(aggregating up to ₹33.30 Cr).

Ans. The IPO price band is set between ₹105-111 per equity share.

Ans. To apply for Sotac Pharmaceuticals Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sotac Pharmaceuticals Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Sotac Pharmaceuticals Limited IPO is Apr 10, 2023.

Ans. The Sotac Pharmaceuticals Limited IPO will be listed on Apr 13, 2023.

Ans. Follow the steps to check the allotment status for Sotac Pharmaceuticals Limited IPO here.