Sudarshan Pharma Industries Ltd IPO Details

Our Company was originally incorporated under the Companies Act, 1956 vide certificate of incorporation dated July 23, 2008 issued by the Registrar of Companies, Mumbai. Later in the year 2016, the name of the company was changed from ―Sudarshan Specialty Chemsolve Private Limited‖ to ―Sudarshan Pharma Industries Private Limited‖ under the Companies Act, 2013 pursuant to a special resolution passed by our shareholders at the EGM held on November 25, 2016 and vide certificate of incorporation dated December 17, 2016 issued by the Registrar of Companies, Mumbai. Thereafter, Our Company was converted in to a public company pursuant to a special resolution passed by our shareholders at the EGM held on December 12, 2016 and consequently name was changed to ―Sudarshan Pharma Industries Limited‖ (SPIL) vide fresh certificate of incorporation dated January 15, 2017 issued by Registrar of Companies, Mumbai. The CIN of the Company is U51496MH2008PLC184997.

Our company was promoted by Mr. Hemal V. Mehta & Mr. Sachin V. Mehta. Our promoters have a combined experience of over 25 years in the Special Chemical, Bulk drug and Pharmaceutical Industry. Driven by passion for building an integrated chemical and pharmaceutical company, backed by their more than two decades of individual experience, our Promoters have been the pillars of our Company`s growth since inception and have built a strong value system for our Company. With their enriching experience and progressive thinking, we aim to continue to grow in the chemical and pharmaceutical industry in India and abroad.

Sudarshan Pharma Industries Ltd IPO Details
Issue Open	12-06-2019
Issue Close	24-06-2019
Allotment Date	30-06-2019
Unblocked Amount	01-07-2019
Listing Date	02-07-2019
Issue Share	34,40,000 Total Equity Share 1,76,000 Reserved by Market Maker 32,64,000 Equity Share
Issue Size	₹ 25.80 Cr
IPO Price Band	₹ 75
Minimum Share Bid [Lost Size]	1600
Minimum Investment Amount [Rs]	₹ 1,20,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME

Sudarshan Pharma Industries Ltd IPO Grey Market Premium GMP]
Latest Update	Premium	Kostak	Subject to Sauda	Recommended
02-06-2019 : 08:00 PM	-	-	-	-

Sudarshan Pharma Industries Ltd IPO Financial details [in Rs, Cr]
Financial Year	Total Assets	Total Revenue	Total Expenses	Profit After Tax
FY-2014	-	-	-	-
FY-2015	-	-	-	-
FY-2016	8.27	37.95	37.80	0.09
FY-2017	19.93	55.72	55.26	0.15
FY-2018	30.97	89.76	88.77	0.73
30-09-2018	51.90	60.70	58.68	1.45

Sudarshan Pharma Industries Ltd IPO Valuation Details
Earnings Per Share [EPS]	₹ 1.82
Price/Earnings [P/E] Ratio	41.21
Return on Net Worth [RoNW]	14.58 %
Net Asset Value [NAV]	₹ 12.46 Per Share

Sudarshan Pharma Industries Ltd IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offered	16,32,000	16,32,000	32,64,000
Day-1 [12-06-2019]	1,87,200 [0.11]	62,400 [0.04]	2,49,600 [0.08]
Day-2 [13-06-2019]	1,90,400 [0.12]	2,89,600 [0.18]	4,80,000 [0.15]
Day-3 [14-06-2019]	2,16,000 [0.13]	5,18,400 [0.32]	7,34,400 [0.23]
Day-4 [17-06-2019]	2,48,000 [0.15]	12,44,800 [0.76]	14,92,800 [0.46]
Day-5 [18-06-2019]	2,54,400 [0.16]	12,44,800 [0.76]	14,99,200 [0.46]
Day-6 [19-06-2019]	2,54,400 [0.16]	12,49,600 [0.77]	15,04,000 [0.47]
Day-7 [20-06-2019]	2,54,400 [0.16]	12,62,400 [0.77]	15,16,800 [0.47]
Day-8 [21-06-2019]	2,78,400 [0.17]	12,54,400 [0.77]	15,32,800 [0.47]
Day-9 [24-06-2019]	- [-]	- [-]	- [-]
Day-4 [-]	- [-]	- [-]	- [-]

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Sudarshan Pharma Industries Ltd IPO Recommendations
Live IPO Team Recommendation:- Neutral

Sudarshan Pharma Industries Ltd IPO Contact Details
Sudarshan Pharma Industries Ltd 301, 3rd Floor, Aura Biplex, Above Kalyan Jewellers, S V Road, Borivali (West), Mumbai – 400 092, Maharashtra, India, Tel. No.: +91 22 242221111 Email: compliance.spil@gmail.com Website: www.sudarshanpharma.com

Registrar of Sudarshan Pharma Industries Ltd IPO
Karvy Fintech Private Limited Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500 032 India Tel. No.: 1-800-3454001/ +91 40 6716 2222 Fax No.: +91 40 2343 1551 E-mail: einward.ris@karvy.com Investor Grievance Email: spil.ipo@karvy.com Website: www.karisma.karvy.com Contact Person: Mr. M Murali Krishna SEBI Registration No.: INR000000221

Lead Managers of Sudarshan Pharma Industries Ltd IPO
FIRST OVERSEAS CAPITAL LIMITED 1-2 Bhupen Chambers, Ground Floor, Dalal Street, Mumbai-400 001 Tel. No.: +91 22 40509999 Fax No.: N.A. Email: rushabh@focl.in/ satish@focl.in/ mala@focl.in Investor Grievance Email: investorcomplaints@focl.in Website: www.focl.in Contact Person: Mr. Rushabh Shroff/ Mr. Satish Sheth/ Ms. Mala Soneji SEBI Registration No.: INM000003671

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