Market News
2 min read | Updated on December 26, 2024, 08:03 IST
SUMMARY
Senores Pharmaceuticals IPO allotment: Investors who placed bids for Senores Pharmaceuticals IPO can check the finalisation details on the NSE, the BSE and registrar Link Intime India websites.
Senores Pharmaceuticals IPO is a fresh issue valued at ₹500 crore and an ₹82.11 crore worth offer-for-sale.
Senores Pharmaceuticals IPO allotment: Following a robust investor response, Senores Pharmaceuticals Ltd's allotment status will likely be finalised on Thursday, December 26.
The ₹582.11-crore initial share sale was subscribed 93.69 times as it got bids for 79.95 crore shares against 85.34 lakh shares on offer.
Non-institutional investors quota fetched 96.30 times the subscription, while the qualified institutional buyers (QIBs) category attracted 94.66 times the subscription. The part meant for retail investors mopped up 90.46 times the subscription.
Shares of Senores Pharmaceuticals will make their market debut on Monday, December 30 at 10 am.
Before the IPO, the company had raised around ₹261 crore in the anchor round.
The IPO price band was set at ₹372-₹391 a unit.
Senores Pharmaceuticals IPO is a fresh issue valued at ₹500 crore and an ₹82.11 crore worth offer-for-sale.
Funds generated will be used to set up a manufacturing facility, fund the working capital needs of the company and its subsidiaries, back inorganic growth, clear debt and general corporate purposes.
Senores Pharmaceuticals develops generic pharmaceutical products and has products in major therapeutic segments, including antibacterial, antifungal, antibiotics and bloodlines.
Particulars | FY22 | FY23 | FY24 | Q1FY25 |
---|---|---|---|---|
Revenue | ₹14.17 cr | ₹35.34 cr | ₹214.52 cr | ₹181.02 cr |
Net Profit | ₹0.99 cr | ₹8.44 cr | ₹32.71 cr | ₹23.94 cr |
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