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Senores Pharmaceuticals Limited IPO (Senores Pharmaceuticals Limited IPO) Details

Senores Pharmaceuticals Limited

Senores Pharmaceuticals Limited IPO's overview

Senores Pharmaceuticals Limited IPO is a book built issue of ₹582.11 Cr (5,82,10,99,693). The issue is a combination of fresh issue of 1.28 Cr (1,27,87,723) shares aggregating to ₹500.00 Cr (4,99,99,99,693) and offer for sale of 21.00 Lakh (21,00,000) shares aggregating to ₹82.11 Cr (82,11,00,000).

Senores Pharmaceuticals Limited IPO is open for subscription on Dec 20, 2024 and closes on Dec 24, 2024. The allotment for Senores Pharmaceuticals Limited IPO is expected to be finalized on Dec 26, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 30, 2024.

Senores Pharmaceuticals Limited IPO price band is set at ₹372 to ₹391 per share. The minimum lot size for an application is 38 Shares. The minimum amount of investment required by retail investors is ₹14,136.

Refer to Senores Pharmaceuticals Limited IPO RHP for detailed information.

  • IPO date

    Dec 20,2024 - Dec 24,2024

  • Listing Date

    Dec 30,2024

  • Face value

    10

  • Price Band

    372 to ₹391 per share

  • Lot

    38 Shares

  • Total Issue Size

    1.49 Cr (1,48,87,723)

    aggregating up to 582.11 Cr (5,82,10,99,693)

  • Fresh Issue

    1.28 Cr (1,27,87,723)

    aggregating up to ₹500.00 Cr (4,99,99,99,693)

  • Offer for sale

    21.00 Lakh (21,00,000)

    aggregating up to ₹82.11 Cr (82,11,00,000)

  • Issue Type

    Book Building

  • IPO Type

    Main Board
  • Listing At

    NSEBSE

  • Pre Issue Size

    3.33 Cr (3,32,65,865)

  • Post Issue Size

    4.61 Cr (4,60,53,588)

  • Fri, Dec 20, 2024

    IPO Open

  • Tue, Dec 24, 2024

    IPO Close

  • Thu, Dec 26, 2024

    Basis of Allotment

  • Fri, Dec 27, 2024

    Initiation of Refunds

  • Fri, Dec 27, 2024

    Credit of Shares to Demat

  • Mon, Dec 30, 2024

    Listing

Senores Pharmaceuticals Limited IPO Day-wise IPO GMP Trend

Senores Pharmaceuticals Limited IPO last GMP is ₹284, last updated Dec 29,2024. With the price band of 391.00, Senores Pharmaceuticals Limited IPO's estimated listing price is ₹675 (cap price + today's GMP).The expected percentage gain/loss per share is 72.63%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
29-Dec-24391.00284
675(72.63%)29-Dec-2024 14:29
28-Dec-24391.00284
675(72.63%)28-Dec-2024 19:59
27-Dec-24391.00284
675(72.63%)27-Dec-2024 22:32
26-Dec-24391.00240
631(61.38%)26-Dec-2024 22:27
25-Dec-24391.00240
631(61.38%)25-Dec-2024 22:31
24-Dec-24391.00240
631(61.38%)24-Dec-2024 22:24
23-Dec-24391.00230
621(58.82%)23-Dec-2024 22:23
22-Dec-24391.00215
606(54.99%)22-Dec-2024 22:27
21-Dec-24391.00200
591(51.15%)21-Dec-2024 22:25
20-Dec-24391.00190
581(48.59%)20-Dec-2024 22:32
19-Dec-24391.00150
541(38.36%)19-Dec-2024 22:31
18-Dec-24391.00150
541(38.36%)18-Dec-2024 22:28
17-Dec-240
(0.00%)17-Dec-2024 05:04
16-Dec-240
(0.00%)16-Dec-2024 15:19

Senores Pharmaceuticals Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

13814,858

Retail(Max)

134941.93 Lakh (1,93,154)

SHNI(Min)

145322.08 Lakh (2,08,012)

SHNI(Max)

672,5469.95 Lakh (9,95,486)

BHNI(Min)

682,58410.10 Lakh (10,10,344)

Senores Pharmaceuticals Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets678.08621.88131.0559.15
Revenue183.35217.3439.0214.63
Profit After Tax23.9432.718.430.99
Net Worth319.06231.7145.536.59
Reserves and Surplus263.36175.9435.2525.37
Total Borrowing242.03248.3860.7614.21
Senores Pharmaceuticals Limited Financial Information

About Senores Pharmaceuticals Limited

Incorporated: December 2017
Industry: Pharmaceuticals
Core Focus: Development and manufacturing of pharmaceutical products for regulated and emerging markets.


Key Business Highlights

  1. Product Portfolio:

    • Offers a diverse range of 55 pharmaceutical products as of September 30, 2024.
    • Focus on key therapeutic areas such as antibiotics, anti-fungal treatments, critical care injectables, and APIs.
    • Notable products include:
      • Amphetamine Sulfate Tablets
      • Hydroxychloroquine Sulfate Tablets
      • Methadone Hydrochloride Tablets
      • Morphine Sulfate Tablets
      • Cyclobenzaprine Hydrochloride Tablets
      • Ivermectin Tablets
  2. Target Markets:

    • Regulated markets: United States, Canada, and the United Kingdom.
    • Emerging markets: Operations in 43 countries, supported by partnerships with distributors and hospitals.
  3. Manufacturing and R&D:

    • Manufacturing Facility: Ahmedabad, Gujarat, approved by the US FDA.
    • R&D Facilities:
      • Three dedicated units located in India and the US, driving innovation and the development of complex products.

Competitive Strengths

  1. Regulated Market Expertise:

    • Offers a unique, tailored portfolio of generic pharmaceutical products with long-term marketing agreements in the US, Canada, and UK markets.
  2. Emerging Market Presence:

    • Significant foothold in 43 countries with a product lineup that includes speciality and complex pharmaceuticals.
  3. Strong Manufacturing Capability:

    • US FDA-approved manufacturing facility ensures high-quality production standards and compliance with global regulations.
  4. Robust R&D Capabilities:

    • A strong focus on developing differentiated and complex pharmaceutical products to stay ahead in a competitive landscape.
  5. Experienced Management Team:

    • A professional team driving strategic growth and ensuring quality, innovation, and market adaptability.

Strategic Focus

  • Innovation:

    • Emphasis on creating underpenetrated and complex pharmaceuticals to address global healthcare needs.
  • Affordable Healthcare:

    • Committed to making healthcare more accessible and cost-effective, leveraging economies of scale and efficient manufacturing practices.
  • Dynamic Market Strategy:

    • A strategic approach to market entry and expansion in both regulated and emerging markets.

Key Achievements

  • Successfully launched 55 products in regulated and emerging markets within a short time frame.
  • Built long-term partnerships with distributors and hospitals in India and abroad.
  • Established a global presence with a focus on high-demand markets.
  • Recognized for its reliability and quality by customers worldwide.

Conclusion

Senores Pharmaceuticals Limited has quickly positioned itself as a key player in the generic pharmaceutical industry, with a stronghold in regulated markets and a growing presence in emerging regions. Its commitment to innovation, quality manufacturing, and accessible healthcare solutions underscores its vision for global growth and industry leadership.

Senores Pharmaceuticals Limited IPO's documents

Senores Pharmaceuticals Limited Contact Details

1101 to 1103,
11th floor, South Tower, ONE 42
Opposite Jayantilal Park,
Ambali Bopal Road, Ahmedabad,
Ahmedabad, Gujarat,
India, 380054
Phone: +91 -79-29999857
Email: [email protected];
Website: www. senorespharma.com

Senores Pharmaceuticals Limited IPO's Promoters

The promoters of the company are Swapnil Jatinbhai Shah and Ashokkumar Vijaysinh Barot

Senores Pharmaceuticals Limited IPO Registrar