Sudarshan Pharma Industries Limited IPO

Sudarshan Pharma Industries Limited

Issue Open

Jun 12, 2019

Price Band

--

Issue Size

₹ 25.80 Cr.

Credit of Shares to Demat

-

Issue Close

Jun 17, 2019

Bid Lot

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Priced Issue

Minimum Order Quantity

1600

Allotment Details

-

Face Value

Rs 10 per equity share

Listing On

Nov 30, -0001

Refunds

-

About the company:

Company Info: Sudarshan Pharma Industries Limited is engaged in outsourcing their manufacturing facilities. They deal in Import and Exports,supply of Specialty chemicals, APIs & its intermediates. They provide manufactured facilities to their clients as per their requirements from various suppliers in India and abroad regularly. Specialty chemicals and Intermediates having wide application in pharma, paint, food and adhesive Industry.


Date of incorporation: The company was originally incorporated under the Companies Act, 1956 on July 23, 2008.


Promoters of the company: The Promoters of this company are Mr. Hemal V. Mehta and  Mr. Sachin V. Mehta.


Products and services Offered: The products supplied by the company includes paint, food, pharma and adhesive industry.


Object of the Issue:

  1. Additional Working capital

  2. General Corporate Expenses

  3. To set up a dedicated manufacturing facility for pharmaceutical business

  4. Distribution and warehousing centres

  5. Purchase of corporate office

  6. To meet the expenses of the issue  


Strengths of the company:

  1. Experienced Promoters and Management Team

  2. Scalable Business Model

  3. Wide and diverse range of product offerings

  4. Strategic Location of Manufacturing Units

  5. Diversified business operations and revenue base

  6. Strong sales, marketing and distribution capabilities


Company financials:



30-Jun-18

31-Mar-18

31-Mar-17

31-Mar-16

Total assets

5189.48

3096.37

1992.93

827.24

Total Revenue

6069.99

8976.43

5551.72

3794.33

Total expense

5868.45

8877.56

5526.47

3780.31

Profit after tax

145.76

73.98

15.63

9.27

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