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27 June 2019

IPO Synopsis

Sudarshan Pharma Industries Ltd
Registered Office: 301 3rd Floor Aura Biplex,SV Road Borivali(West) , Mumbai - 400092 , Maharashtra , India.
Phone : 91-22-42221111   Fax:
Email :  compliance.spil@gmail.com  
Website :  www.sudarshanpharma.com
Initial public issue of 34,40,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Sudarshan Pharma Industries Limited ("The Company" or "The Issuer Company") for cash at a price (Rs)72 per equity share (including a share premium of (Rs)62 Per equity share) ("Issue Price") aggregating to (Rs)24.77 crores ("The Issue"), of which 1,76,000 equity shares of face value of (Rs)10 each for a cash price of (Rs)72 per equity share, aggregating to (Rs)1.27 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 32,64,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)72.00 per equity share aggregating to (Rs)23.50 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.49%and 25.13%, respectively of the post issue Paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price of (Rs)72 i.e. 7.2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Jun-19 24-Jun-19 (Rs)72.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 25.05
First Overseas Capital Ltd
Project Financed through Current Offer 24.77  
Post Issue Equity Share Capital 12.99  
Issue Price (Rs)72.00  
 
Projects
To set up a dedicated manufacturing facility for pharmaceutical BusinessAdditional working capital
Distribution and warehousing centre's & purchase of corporate officeGeneral corporate expenses
Promoted By
Hemal V Mehta  
Sachin V Mehta  
Listing At
NSE - SME 
Registrar to the Issue
Karvy Fintech Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS