Sudeep Pharma IPO - AstroIPO

Sudeep Pharma IPO


November 22, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Sudeep Pharma Ltd. is preparing for its pharmaceutical sector entrance through its substantial healthcare solutions debut. The Sudeep Pharma IPO, running from November 21st to November 25th, 2025, represents a significant ₹895 crore issue of 1,50,92,750 shares priced between ₹563 – ₹593 per share.

Investors can subscribe with a minimum of 25 shares, requiring ₹14,825 investment at the upper price band. The Sudeep Pharma IPO shares, carrying ₹1 face value, will trade on both BSE and NSE exchanges, bringing this pharmaceutical manufacturing specialist to dual-platform listing through major healthcare sector capitalization.

Sudeep Pharma IPO Details

The key details of Sudeep Pharma’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹895.00 Cr
Price Range ₹563 - ₹593
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE and BSE
Minimum Quantity 25
Investment (cut-off price) ₹14,825
Pre IPO Promotor Holding 89.37%
Post IPO Promotor Holding 76.15%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Sudeep Pharma IPO Timelines

The IPO process for Sudeep Pharma includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

21/11/2025
Start Date
25/11/2025
End Date
26/11/2025
Allotment Date View Status
27/11/2025
Refund Initiation
27/11/2025
Credit of Shares to Demat Ac
28/11/2025
Listing Date

Sudeep Pharma IPO Lot Size

The Sudeep Pharma IPO has a fixed lot size of 25 shares, at an upper price band of ₹593 per share. For retail investors, the minimum application is 25 shares (1 lot) amounting to ₹14,825, while the maximum is 325 shares (13 lots) worth ₹1,92,725. For Small HNI (S-HNI) investors, the minimum application is 350 shares (14 lots) worth ₹2,07,550, while the maximum is 1,675 shares (67 lots) amounting to ₹9,93,275. Big HNI (B-HNI) investors need to apply for at least 1,700 shares (68 lots), totaling ₹10,08,100.

Application Lot Size Shares Amount
Retail Minimum 1 25 ₹14,825
Retail Maximum 13 325 ₹1,92,725
S-HNI Minimum 14 350 ₹2,07,550
S-HNI Maximum 67 1675 ₹9,93,275
B-HNI Minimum 68 1700 ₹10,08,100

Sudeep Pharma IPO Subscription Status

The subscription status for Sudeep Pharma IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
0.09x 3.01x 1.53x -- 1.43x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Sudeep Pharma IPO Company Financials

Sudeep Pharma reports robust performance in FY2025 with Total Income of ₹511.33 crores, managing expenses at ₹328.48 crores, and achieving a strong PAT (Profit After Tax) of ₹138.69 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹438.26 ₹352.28 ₹62.32
FY 2024 ₹465.38 ₹290.56 ₹133.15
FY 2025 ₹511.33 ₹328.48 ₹138.69
FY 2026 (3 M) ₹130.08 ₹86.00 ₹31.27

About Company

Sudeep Pharma Limited, incorporated in 1989, is a global manufacturer of pharmaceutical excipients, food-grade minerals, and specialty nutrition ingredients, serving customers in more than 100 countries. Operating six manufacturing facilities with a combined capacity of 50,000 MT, the company specializes in a wide range of mineral-based products including calcium, iron, magnesium, zinc, potassium, and sodium. Its portfolio spans over 200 products catering to diverse sectors such as pharmaceuticals, food, and nutrition.

The company maintains robust R&D capabilities through in-house laboratories and pilot-scale facilities dedicated to advancing mineral salts and excipient technologies. Its business is structured across multiple segments, including Pharmaceutical, Food and Nutrition; Specialty Ingredients; and Triturates. As of December 31, 2024, Sudeep Pharma employed 704 permanent staff, supporting its operations and innovation-driven growth.

Incorporation Date Sector Managing Director
1989 Pharmaceuticals Sujit Bhayani

Know Before Investing

When evaluating Sudeep Pharma's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Sudeep Pharma IPO Strengths

  • Sudeep Pharma is a leading manufacturer in the mineral-based excipients, specialty ingredients, and food nutrition industry, operating in regulated segments with high entry barriers.​
  • The company has invested in a dedicated R&D facility with over 40 personnel and has completed more than 420 R&D projects over the last three years, commercializing over 120 products.​
  • Their offers a wide range of pharmaceutical excipients, iron phosphates, encapsulated preservatives, and specialty ingredients used in pharma, food, and nutraceuticals.​
  • Sudeep Pharma’s plants are modern and compliant with global quality accreditations such as USFDA, EXCiPACT, FSSC, WHO-GMP, ISO, and HACCP.
  • The company has posted consistent increases in revenue and profitability, with high and stable margins by global standards.​
  • Their serves blue-chip and Fortune 500 companies in developed and emerging markets, ensuring strong repeat business and credibility.​

Sudeep Pharma IPO Risks

  • A significant portion of sales comes from a limited group of customers, exposing the company to revenue loss if any major client reduces or stops orders.
  • The business is exposed to strict global and domestic regulations for quality and certifications; any lapses can lead to operational shutdowns or export stoppages.​
  • The company is exposed to cost swings in chemicals and minerals that could squeeze margins in adverse cycles.​
  • Heavy export orientation exposes cash flows to currency fluctuation and global demand changes.​
  • Large, sophisticated customers may negotiate tighter contracts, affecting pricing and profitability.​
  • Faces intense competition from international giants in the specialty ingredient space, especially in regulated and developed markets.​

Swot Analysis for Sudeep Pharma IPO

Understanding Sudeep Pharma's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Global Presence, Robust Manufacturing, High Customer Stickiness

Weaknesses

Customer Concentration, Raw Material Cost Risk, Capex Execution Challenges

Opportunities

Capacity Expansion, New Product Development, Geographic Diversification

Threats

Intense Competition, Export Exposure, Supply Chain Disruptions

Company Details

Sudeep Pharma Ltd.

129/1/A, GIDC Estate, Nandesari, Vadodara, Gujarat, 391340

Phone: +91 265 284 0656

Email: cs.sudeep@sudeepgroup.com

Website: https://www.sudeeppharma.com/

IPO Registar Details

MUFG Intime India Pvt. Ltd.

Phone: +91-22-4918 6270

Email: sudeeppharma.ipo@in.mpms.mufg.com

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

FAQs

The key objectives of Sudeep Pharma IPO are:

  • Capital expenditure towards procurement of machinery for the production line located at Nandesari Facility I
  • General corporate purposes

ICICI Securities Ltd. , IIFL Capital Services Ltd. are the book-running lead managers for the Sudeep Pharma IPO.

Sudeep Pharma IPO shows strong growth potential supported by rising global demand for specialty ingredients, planned capacity expansion of over 51200 MT by Q4FY26, and nearly 60 percent revenue contribution from exports. Its diversified portfolio, advanced R and D, and strong presence across regulated markets position it well for sustained expansion.

The issue price for the Sudeep Pharma IPO is set between ₹563 to ₹593 per share.

To invest in one lot of Sudeep Pharma IPO, you need ₹14,075 at the lower price band (₹563 per share) or ₹14,825 at the upper price band (₹593 per share) for a lot size of 25 shares.

Sudeep Pharma IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 28, 2025.

Refund/unblocking of funds for Sudeep Pharma IPO will begin on November 27, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Sudeep Pharma IPO shares on listing day (November 28, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

Leave a Reply

Your email address will not be published. Required fields are marked *