Sotac Pharmaceuticals IPO Details

IPO Open Mar 29, 2023
IPO Close Apr 3, 2023
IPO Price ₹111
Face Value ₹10
IPO Size ₹33.30 Cr
Listing At NSE SME
Lot Size 1200
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Sotac Pharmaceuticals IPO Date & Price

The Sotac Pharmaceuticals IPO opens on Mar 29, 2023 and closes on Apr 3, 2023.

Sotac Pharmaceuticals IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Mar 29, 2023
  • Bid/Offer Closes On: Apr 3, 2023
  • Finalization of Basis of Allotment: Apr 10, 2023
  • Initiation of refunds: Apr 11, 2023
  • Credit of Equity Shares: Apr 12, 2023
  • Listing Date: Apr 13, 2023

Sotac Pharmaceuticals IPO price is set at ₹111 per equity share.

Sotac Pharmaceuticals IPO will close for subscription at 5 PM on Apr 3, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Sotac Pharmaceuticals IPO starts on Mar 29, 2023. The issue ends on Apr 3, 2023.

Sotac Pharmaceuticals IPO Issue Size and Subscription Status

The Sotac Pharmaceuticals IPO size is 3000000 Equity Shares of ₹10 aggregating up to ₹33.30 Cr.

Sotac Pharmaceuticals Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Sotac Pharmaceuticals IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sotac Pharmaceuticals IPO Offer Size

Qualified Institutional Buyers (QIB)571,800 Shares
Non-Institutional Investors (NII)428,400 Shares
Retail Individual Investor (RII)998,400 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,998,600 Shares

Sotac Pharmaceuticals IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.00 times times
Non-Institutional Investors (NII)4.04 times times
Retail Individual Investor (RII)0.91 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.60 times times

Click here to check the Sotac Pharmaceuticals IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Sotac Pharmaceuticals IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Sotac Pharmaceuticals IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Sotac Pharmaceuticals IPO Allotment and Listing

The Sotac Pharmaceuticals IPO allot status will be available online on Apr 10, 2023. Check the Sotac Pharmaceuticals IPO Allotment Status here.

Click here to check Sotac Pharmaceuticals IPO Allotment Status.

Sotac Pharmaceuticals IPO listing Date is Apr 13, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Sotac Pharmaceuticals IPO listing date and time is published by the exchange in a circular.

Click here to view the Sotac Pharmaceuticals IPO Basis of Allotment.

It is hard to say at what price Sotac Pharmaceuticals IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Sotac Pharmaceuticals IPO shares will list on Apr 13, 2023 at NSE SME.

Sotac Pharmaceuticals IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Sotac Pharmaceuticals IPO which could help you with questions like Sotac Pharmaceuticals IPO buy or not? You should also read Sotac Pharmaceuticals IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Sotac Pharmaceuticals IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Sotac Pharmaceuticals IPO performance. The performance reports are available 1 day after listing.