Categories: Business

Sudeep Pharma IPO Day 2: Fully Subscribed On Day One, Listing Set For November 28- Here Are The Key Details

Sudeep Pharma IPO opened November 21, fully subscribed on day one with 1.42x bids. Shares to list November 28; strong investor interest reflected in high grey market premium and estimated listing price.

Published by Aishwarya Samant
Published: November 24, 2025 11:56:34 IST

Sudeep Pharma IPO: The Sudeep Pharma IPO started accepting subscription applications on Friday, November 21, 2025, and the atmosphere was immediately filled with excitement! Investors were quick to join in and the offering was fully subscribed on the very first day, with a remarkable 1.42 times subscription.

The excitement is not over yet as the tentative allocation will be announced on Wednesday, November 26, which means the investors will be able to see their luck for the first time. Refunds will be done the very next day, Thursday, November 27, so you will need to check your accounts regularly. And don’t forget to put this day in your planner, shares are going to be listed on the BSE and NSE on Friday, November 28, which is sure to be a very exciting and attractive beginning for the fans of Sudeep Pharma!

Sudeep Pharma IPO: Details And Fund Utilisation

New Issue: ₹95 crore
Offer for Sale: -1.35 crore shares, totaling ₹800 crore from promoters
Funds from fresh issue (₹75.81 crore) to be used for:
- Capital expenditure at Nandesari Facility 1, Gujarat
- General corporate purposes
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Sudeep Pharma IPO Price, Allocation & Subscription Status At A Glance

Category	Details
IPO Price Band	₹563–593 per equity share
Allocation	QIB: Up to 50% NII: At least 15% Retail Investors: Minimum 35%
IPO Subscription Status	Overall: 1.42x Retail portion: 1.50x NII portion: 48% QIB portion: 3.00x
Total Bids Received	1,50,09,425 shares against 1,05,64,926 shares offered

Sudeep Pharma IPO: Grey Market Premium (GMP) and Expected Listing Price

IPO GMP Today: ₹121
Estimated listing price: ₹714 (20.40% higher than ₹593 upper price band)
Grey market shows upward trajectory with GMP range: ₹0–130

(With Inputs)

Also Read: HAL Share Price Crashes over 8% After Tejas Crash Tragedy At Dubai Air Show: Government Responds, Russian Team Pays Emotional Tribute; Key Takeaways

Aishwarya Samant

Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.

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