IPO IPO-Synopsis
Sotac Pharmaceuticals Ltd

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Registered Office: Plot No PF-21 Nr ACME Pharma,Opp Teva Pharma Sanand GIDC-II , Ahmedabad - 382110 , Gujarat , India.
Phone : 91-90819 93300   Fax:
Email :  compliance@sotacpharma.com  
Website :  www.sotacpharma.com
Initial public issue of 3000000 equity shares of face value of Rs10/- each of Sotac Pharmaceuticals Limited ("SPL" or the "Company" or the "Issuer") for cash at a price of Rs111/- per equity share including a share premium of Rs101/- per equity share (the "Issue Price") aggregating to Rs33.30 crores ("The Issue"), of which 150000 equity shares of face value of Rs10/- each for cash at a price of Rs111/- per equity share including a share premium of Rs101/- per equity share aggregating to Rs1.67 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 Rs10/- each at a price of Rs111/- per equity share including a share premium of Rs101/- per equity share aggregating to Rs31.63 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 Rs10/- each.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Mar-23 03-Apr-23 Rs111.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 31.10
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 33.30  
Post Issue Equity Share Capital 11.05  
Issue Price Rs111.00  
Projects
To meet working capital requirementsUpgradation/construction of existing /new building in the existing premises
Investment in subsidiaryGeneral corporate purposes
Promoted By
Sharadkumar Dashrathbhai Patel
Dineshkumar Babulal Gelot
Vishalkumar Devrajbhai Patel
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd