IPO Issue Details
Issue Price / Price Band₹274 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size54 Shares per Lot
Total Issue Size2,55,47,445 shares (aggregating up to ₹700.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 16 Dec 2021
Subscription CloseMon, 20 Dec 2021
Anchor AllotmentWed, 15 Dec 2021
Basis of AllotmentThu, 23 Dec 2021
Initiation of RefundsFri, 24 Dec 2021
Credit of Shares to DematMon, 27 Dec 2021
Listing DateTue, 28 Dec 2021
UPI Mandate Deadline2021-12-20
Application & Investment Details
Retail — Min (1 Lots)₹14,796 — 54 shares
Retail — Max (13 Lots)₹192,348 (13 Lots)
HNI — Min (14 Lots)₹2,07,144 — 756 shares
Pre-IPO Promoter Holding7,31,83,530 shares
Post-IPO Promoter Holding2,55,47,445 shares
Fresh Issue Shares72,99,270 shares (aggregating up to ₹200.00 Cr)
Offer for Sale Shares1,82,48,175 shares of ₹2 (aggregating up to ₹500.00 Cr)
About Supriya Lifescience Ltd.
Supriya Lifescience is engaged in the manufacturing of Active pharmaceutical ingredients (APIs). As of March 31, 2021, the company produces 38 APIs focused on diverse therapeutic segments such as antihistamine, analgesic, anaesthetic, vitamin, anti-asthmatic and anti-allergic. The company has been the largest exporter of Chlorpheniramine Maleate and Ketamine Hydrochloride from India between Fiscal 2017 and 2021. The company is also one of the largest exporters of Salbutamol Sulphate from India in FY 2021 in terms of volume.In Fiscal 2021, the company's products were exported to 86 countries to 1,296 customers including 346 distributors. The company has API business in Europe, Latin America, Asia, and North America.Supriya Lifescience has a modern manufacturing facility in Maharashtra spread across 23,806 sq. mts, having a reactor capacity of 547 KL/ day including 7 clean rooms. The company has also acquired a plot of land, admeasuring 12,551 sq. mt, near the present manufacturing facility, to expand its manufacturing infrastructure. The company's manufacturing facility has received approvals from USFDA, EDQM TGA-Australia, KFDA-Korea, PMDA Japan, NMPA (previously known as SFDA)- China, Health Canada, in relation to API products being exported to the relevant jurisdictions by the company.
Objects of the Issue
Supriya Lifescience Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding capital expenditure requirements of the Company;
92.30
2
2 Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
60.00
3
3 General corporate purposes.
35.95
Shareholding & Lock-in
Pre-IPO Promoter Holding
7,31,83,530 shares
Post-IPO Promoter Holding
2,55,47,445 shares
Lock-in Period (30%)January 22, 2022
Lock-in Period (50%)March 23, 2022