Sudarshan Pharma IPO GMP, Date, Price, And Review 2023

Sudarshan Pharma IPO is a BSE SME IPO. The company aims to raise ₹50.10 crores via IPO. The unit is priced at ₹71 to ₹73 per equity share. The IPO will be listed on BSE.

The Sudarshan Pharma Initial Public Offering (IPO) date has been set for March 9 and March 14, 2023. 

A BSE SME IPO to raise $50.10 crores is Sudarshan Pharma. With a market lot of 1600 shares, the Sudarshan Pharma IPO price range is set at 71 to 73 rupees.

The Sudarshan Pharma Industries Limited (SPIL) has expanded its line of products to include specialty chemicals and intermediates that have a variety of uses in the adhesive, paint, and food industries. 

Both the domestic and foreign markets are where they are present. They export their goods to the MENA region, Taiwan, Uzbekistan, Syria, Australia, and the UK.

Additionally, Sudarshan Pharma engages in contract manufacturing, outsourcing, and the distribution of generic pharmaceutical formulations and medications to hospitals, government agencies, and non-governmental organizations. 

They export the products from suppliers in India and abroad based on the needs of the client. Under their brand name, they offer 50 pharmaceutical formulations in the form of tablets, ointments, capsules, and injectables.

The IPO for Sudarshan Pharma will take place on March 9, and the IPO will close on March 14. The IPO may list on March 22, and the IPO allotment date is March 17.

You can use your bank account to apply for the Sudarshan Pharma IPO through ASBA online. You can also use your stock brokers to submit an online ASBA application via UPI. You can apply by completing the offline form and submitting it through your stock brokers.

The size of the Sudarshan Pharma IPO is 50.10 crores. Pricing range for Sudarshan Pharma’s IPO is between 71 and 73 rupees per equity share. 1600 shares at a price of 116,800 constitute the IPO bid. 

The date of Sudarshan Pharma’s IPO allocation is March 17, 2023. The IPO listing date for Sudarshan Pharma is March 22, 2023. The IPO is set to trade on the BSE SME.

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