Archive · 25 Nov 2025
Sudeep Pharma IPO Sees Strong Demand
Sudeep Pharma, a company that makes important ingredients for medicines and food, is offering shares to the public for the first time.
This is called an IPO.
The IPO started on November 21 and ended on November 25.
People can buy shares for Rs 563 to Rs 593 each.
The company wants to raise Rs 895 crore to build new machines and grow their business.
Many brokerage firms think it's a good idea to buy these shares because the company is doing well and has strong customers.
The shares will be listed on the stock exchange on November 28.
On the third day of bidding, the IPO was subscribed more than 45 times, showing strong interest from investors.
The company serves over 100 countries and has a strong market position.
Sudeep Pharma's IPO opened on November 21 and closed on November 25, with shares priced between Rs 563 and Rs 593.
The company aims to raise Rs 895 crore, including Rs 95 crore from a fresh share sale and Rs 800 crore from an offer-for-sale (OFS).
The IPO was subscribed 1.42 times on the first day and more than 45 times on the third day, with strong interest from non-institutional bidders and retail investors.
Sudeep Pharma operates six manufacturing facilities and serves over 100 countries, with a focus on minerals like calcium, iron, and magnesium.
Brokerage firms generally recommend subscribing to the IPO, citing the company's strong market position, robust financial performance, and growth potential.
- Who
- Sudeep Pharma, a Vadodara-based manufacturer of pharmaceutical excipients, food-grade minerals, and specialty nutrition ingredients.
- What
- The company is launching its initial public offering (IPO).
- When
- The IPO opened on Friday, November 21, 2025, and closed on Tuesday, November 25, 2025. The shares will be listed on Friday, November 28, 2025.
- Where
- The company is based in Vadodara, India, and operates six manufacturing facilities.
- Why
- Sudeep Pharma aims to raise Rs 895 crore via the IPO, including Rs 95 crore from a fresh share sale and Rs 800 crore from an offer-for-sale (OFS). The proceeds will be used for capital expenditure and general corporate purposes.
- IPO Open Date
- Friday, November 21, 2025
- IPO Close Date
- Tuesday, November 25, 2025
- Price Range
- Rs 563-593 per share
- Total Fundraising Goal
- Rs 895 crore
- Fresh Share Sale
- Rs 95 crore
- Offer-for-Sale (OFS)
- Rs 800 crore
- Listing Date
- Friday, November 28, 2025
- Grey Market Premium (GMP)
- Rs 120-125 per share (initial), Rs 80-90 per share (updated)
- Allotment Date
- November 26, 2025
- Refunds Date
- November 27, 2025
- Retail Investor Allocation
- 35%
- QIB Allocation
- 50%
- NII Allocation
- 15%
- Anchor Investor Allocation
- 30%
- Promoter Holding Pre-IPO
- 89.37%
- Promoter Holding Post-IPO
- 76.15%
