SP

Sudeep Pharma

Book Building issueMainboardBSE₹895 Cr issue
+23.77%
Listing gain over issue price
Issue size
₹895 Cr
1 lot at cut-off
₹14,825
Lot size
25shares
Open
21 Nov 2025
Close
25 Nov 2025
Allotment
26 Nov 2025
Listing
28 Nov 2025

Listing performance

Issue price
₹593
Listed at
₹733.95
Listing-day close
₹774.15
Latest price
₹857.2
Listing gain
+23.77%
Return since listing
+44.55%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    21 Nov 2025
  2. Close
    25 Nov 2025
  3. Allotment
    26 Nov 2025
  4. Refund
    27 Nov 2025
  5. Demat credit
    27 Nov 2025
  6. Listing
    28 Nov 2025

Grey market premium

Unofficial and indicative — not a forecast

₹121

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
28 Nov 2025₹121+20.40%₹2,300₹714₹3,025
27 Nov 2025₹121+20.40%₹2,300₹714₹3,025
26 Nov 2025₹97+16.36%₹1,800₹690₹2,425

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
21 Nov 2025 – 25 Nov 2025
Listing date
28 Nov 2025
Face value
₹1 per share
Issue price
₹593 per share
Lot size
25 shares
Issue type
Book Building issue
Listing at
BSE
Total issue size
₹895 Cr
Market cap at offer price
₹6,698 Cr
Promoter holding
89.37% → 76.15% pre-issue → post-issue
ISIN
INE0QPI01025
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
ICICI Securities Ltd.
Registered office
129/1/A, GIDC Estate, Nandesari, Gujarat

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB45,27,823
Market maker 0

Application size

Minimum 25 shares per lot, in multiples, at ₹593

ApplicationLotsSharesAmount
Retail (min)125₹14,825
Retail (max)13325₹1,92,725
S-HNI (min)14350₹2,07,550
S-HNI (max)671,675₹9,93,275
B-HNI (min)681,700₹10,08,100

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
45,27,823
Anchor portion
₹269 Cr
at ₹593 per share

Valuation and performance

Valuation at offer price

₹593 per share

MetricPre-issuePost-issue
EPS (₹)12.4611.07
P/E (×)47.5953.57
Price to book (×)12.93
Market cap₹6,698 Cr

Key performance indicators

Latest reported period

Return on net worth
27.88%
Debt / equity
0.20
PAT margin
27.63%
EBITDA margin
39.70%
NAV per share
₹45.86
Price to book
12.93

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.