Strong investor demand drives heavy oversubscription in Sudeep Pharma’s ₹895 crore IPO

Sudeep Pharma’s IPO recorded 93.71 times subscription, led by strong QIB demand, reflecting confidence in its excipients and speciality nutrition product portfolio and consistent scaling capabilities.

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Strong investor demand drives heavy oversubscription in Sudeep Pharma’s ₹895 crore IPO

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Strong investor demand drives heavy oversubscription in Sudeep Pharma’s ₹895 crore IPO
Sudeep Pharma’s IPO recorded 93.
Investors reviewing Sudeep Pharma’s public issue noted significant demand across categories, with overall subscription reaching 93.71 times by the close. The issue included a ₹95 crore fresh component and an ₹800 crore offer for sale, priced at ₹563–593 per share and finalised at the upper end of the band. Market participants highlighted the QIB segment’s 213.08 times subscription as a key indicator of institutional confidence, supported by the company’s position in high entry barrier excipients and speciality nutrition ingredients.
Sentinel