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Senores Pharmaceuticals Ltd.

Pharmaceuticals & Drugs

IPO Details
  • Issue Type Book building
  • Price range Rs.372-391
  • Market Lot 38
  • Total Equity Shares 8534681
  • Face Value Rs. 10
  • Listing Date Dec 30, 2024
IPO Timeline
Opening date Dec 20, 2024
Closing date Dec 24, 2024
Listing Date Dec 30, 2024

IPO Details

We are a global research driven pharmaceutical company engaged in developing and manufacturing a wide range of pharmaceutical products predominantly for the Regulated Markets across various therapeutic areas and dosage forms, with a presence in Emerging Markets. Our strength lies in identifying, developing and manufacturing a diverse range of specialty, underpenetrated and complex pharmaceutical products establishing us as a preferred partner to certain customers. Through data analytics, research, market assessment and experienced management, we strategically identify commercially underpenetrated molecules to launch products in the Regulated and Emerging Markets. We leverage our R&D capabilities to develop and manufacture a portfolio of differentiated complex pharmaceutical products. Our focus on quality and our ability to identify specialty and complex molecules has resulted in an extensive pipeline of curated complex products spanning diverse dosage forms and therapeutic domains, demonstrated through our partnerships in the Regulated Markets with prominent foreign and Indian pharmaceutical companies including Prasco LLC, Lannett Company Inc., Jubilant Cadista Pharmaceuticals Inc., Alkem Laboratories Limited, Sun Pharmaceuticals Industries Limited, Dr. Reddy’s Laboratories Inc. and Cipla USA Inc.

Projects

4. Project Name: Investment in one of our Subsidiaries, Havix, to fund capital expenditure requirements for setting u

Project Cost: 1070

5. Project Name: Re-payment/pre-payment, in full or in part, of certain borrowings availed by our Company

Project Cost: 734.8

6. Project Name: Investment in our Subsidiary, namely, Havix, for re- payment/pre-payment in full or in part, of cert

Project Cost: 202.2

7. Project Name: Funding the working capital requirements of our Company

Project Cost: 432.59

8. Project Name: Investment in our Subsidiaries, namely, SPI and Ratnatris to fund their working capital requirements

Project Cost: 594.83

9. Project Name: Funding inorganic growth through acquisition and other strategic initiatives

Project Cost: 1543.68

Promoters

Prmoters Name

1. Swapnil Jatinbhai Shah

2. Ashokkumar Vijaysinh Barot

Prmoters Holdings
  • Pre Share Capital: 22176079
  • Pre Promoter Holding: 66.67
  • Offer to Public: 8534681
  • Post Share Capital: 21076079
  • Post Promoter Holding: 45.76

Registrar

Data not availble

Lead Managers

  • Equirus Capital Pvt Ltd
  • Ambit Pvt Ltd.
  • Nuvama Wealth Management Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3028
Total Equity 8534681

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 4593216
No of Shares Bid For Qualified Institutional Buyers 434778102
Total No of Shares Bid For Qualified Institutional Buyers 94.66
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 90129996
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 7309680
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 337338426
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2319879
No of Shares Bid For Non-Institutional Buyers 222963632
Total No of Shares Bid For Non-Institutional Buyers 96.11
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 7303144
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 205914134
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 9746354
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 1546586
No of Shares Bid For Retail Individual Investor 137996278
Total No of Shares Bid For Retail Individual Investor 89.23
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 124934690
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 13061588
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 75000
No of Shares Bid For Employee 1494122
Total No of Shares Bid For Employee 19.92
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 1362566
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 131556
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 8534681
No of Shares Bid For All 797232134
Total 93.41