Link PAN with Aadhaar and update Nominee details in your account before 31.03.2023 for uninterrupted services.
logo
IPO

Sotac Pharmaceuticals Ltd

Initial public issue of 3000000 equity shares of face value of Rs. 10/- each of Sotac Pharmaceuticals Limited ("SPL" or the "Company" or the "Issuer") for cash at a price of Rs. 111/- per equity share including a share premium of Rs. 101/- per equity share (the "Issue Price") aggregating to Rs. 33.30 crores ("The Issue"), of which 150000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 111/- per equity share including a share premium of Rs. 101/- per equity share aggregating to Rs. 1.67 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 2850000 equity shares of face value of Rs. 10/- each at a price of Rs. 111/- per equity share including a share premium of Rs. 101/- per equity share aggregating to Rs. 31.63 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.15% and 25.79%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.
Issue
Opens On Closes On
29-Mar-23 03-Apr-23
Money Payable On
Application Allotment
111.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 31.10 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 33.30  
Post Issue Equity Share Capital (.Cr) 11.05
Issue Price () 111.00
Projects
To meet working capital requirements
Investment in subsidiary
Upgradation/construction of existing /new building in the existing premises
General corporate purposes
Promoted By
Sharadkumar Dashrathbhai Patel
Dineshkumar Babulal Gelot
Vishalkumar Devrajbhai Patel
Listing At
NSE - SME
Registrar to the Issue
No Data Available