Senores Pharmaceuticals Ltd IPO Opens On December 20. Check IPO Details Issue Date Price

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Senores Pharmaceuticals Ltd IPO Opens On December 20. Check IPO Details Issue Date Price

December 20, 2024
Senores Pharmaceuticals Ltd IPO Opens On December 20. Check IPO Details Issue Date Price

Senores Pharmaceuticals Ltd is coming out with a fresh public issue to raise Rs. 582.11 crores from the market.

Below are the details of the Senores Pharmaceuticals Ltd IPO:

  • Issue opens – December 20th (Friday)
  • Issue closes – December 24th (Tuesday)
  • Issue size – Rs. 582.11 crores
  • Price band – Rs. 372 to Rs. 391 per equity share
  • Bid lot – 21 shares and in multiples thereof.

And here are some details of the company and further details on the IPO.

Company Details:

  • Senores Pharmaceuticals Limited develops and manufactures a range of pharmaceutical products primarily for the regulated markets of the US, Canada, and the UK, while also serving emerging markets.
  • The company's product portfolio consists of Amphetamine Sulfate Tablets, Hydroxychloroquine Sulfate Tablets, Ketoconazole Tablets, Butalbital, Acetaminophen and Caffeine Capsules, Mexiletine Hydrochloride Capsules, Ketorolac Tromethamine Tablets, Diclofenac Potassium Tablets, Diclofenac Potassium Tablets, Nicardipine Hydrochloride Capsules, Escitalopram Tablets, Prochlorperazine Maleate Tablets USP, Terazosin Capsules USP, Morphine Sulfate Tablets, Methadone Hydrochloride Tablets, Cyclobenzaprine Hydrochloride Tablets, Irbesartan Tablets, Risperidone Tablets Topiramate Capsules, and Ivermectin Tablets for regulated markets.
  • As of September 30, 2024, the company has launched 55 products in key therapeutic areas, including antibiotics and anti-fungal treatments. They have established partnerships with distributors and hospitals across several states in India.

Issue Size : Rs. 582.11 Cr.

Issue break-up :

QIB - 75% of the offer - Rs. 434.88 Cr.
NIB - 15 % of the offer - Rs. 86.88 Cr.
RET - 10% of the offer - Rs. 57.92 Cr.

Listing: BSE & NSE

Registrar: Link Intime India Private Limited

UPI : All Retail & NII Bidders (bids up to Rs. 5,00,000) Applications through brokers are compulsorily in UPI Mode

Note

Application made using third party UPI or ASBA Bank A/c are liable to be rejected.

The UPI Mandate acceptance time for Retail and NII Bidders (bids up to Rs. 5,00,000) shall expire at 5:00 PM on the closing day of the IPO i.e., Tuesday, December 24, 2024.

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