Sotac Pharmaceuticals Limited IPO
Sotac Pharmaceuticals Limited was a SME IPO in the Pharmaceuticals sector, offered at ₹105–₹111 per share to raise ₹2 crore. It listed on 13 Apr 2023 at ₹115 and closed its first day at ₹121, a listing gain of +8.8% versus the ₹111 issue price. It now trades around ₹112 (+0.6% versus the issue price).
Frequently asked questions
- What were the Sotac Pharmaceuticals Limited IPO listing gains?
- Sotac Pharmaceuticals Limited listed on 13 Apr 2023 at ₹115, closing its first day at ₹121 — a listing gain of +8.8% versus the ₹111 issue price.
- What was the price band and lot size of the Sotac Pharmaceuticals Limited IPO?
- The price band was ₹105–₹111 per share, with a minimum lot of 1,200 shares (₹1,33,200 at the upper band).
- Who were the registrar and lead manager for the Sotac Pharmaceuticals Limited IPO?
- KFin Technologies Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.