Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
SME IPO Status: Listed [7th Nov 2023 to 9th Nov 2023]
Sunrest Lifescience Limited is bringing its SME IPO at NSE Emerge. The total size of this SME IPO is Rs 10.85 Cr that is 100% Fresh Issue. You can apply in this SME IPO from 07 Nov to 09 Nov 2023. The face value of each share is Rs 10. To apply in this SME IPO application you have to buy at least one lot size of minimum 1600 shares or its multiples at the fixed price of Rs 84 for each share.
Keep visiting this website to get the latest details of Sunrest Lifescience Limited IPO, including company overview, financials, live subscription, allotment, GMP and more.
| SME IPO Issue Opening Date: | 7th Nov 2023 |
| SME IPO Issue Closing Date: | 9th Nov 2023 |
| SME IPO Issue Price: | ₹84.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | NSE SME |
| Retail Quota: | 50% of the Net issue |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹10.85 Cr |
| Fresh Issue: | ₹10.85 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 100% |
| Promoter Holding Post IPO: | 69.91% |
| Allotment Status: | Allotment Status |
| NSE Code: | SUNREST |
Get important updates regarding Sunrest Lifescience SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 15th Nov 2023 |
| Refunds Initiation* | 16th Nov 2023 |
| Credit of Shares to Demat* | 17th Nov 2023 |
| SME IPO Listing Date* | 20th Nov 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹84.00 |
| Market Lot: | 1600 Shares |
| 1 Lot Amount: | ₹134400 |
| Min HNI Lots: | 3200 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 20-11-2023 | 84.00 | 5 | 6100 | ₹89 (5.95%) | 20-Nov-2023 9:30 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Sunrest Lifescience Limited was established in October 2017 to grow further in the pharmaceutical business. The company distributes generic OTC pharmaceuticals in the domestic market. The company offers a range of pharmaceutical products manufactured by third-party vendors. It operates in various Indian states such as Maharashtra, Gujarat, Madhya Pradesh, Orissa and Rajasthan. The company is present in these states with branded and registered products.
These are capsules, tablets, syrups, ointments, gels, mouthwashes, solutions, suspensions, dry powders and toothpaste. The product range includes a wide range of pharmaceuticals such as antibacterial, antidiarrheal, antifungal, antidiabetic, dental, antiprotozoal, antihistamine, antihypertensive, cosmetic, antiparasitic, multivitamin, multimineral, nutraceutical and anti-inflammatory products. The company has 18 registered trademarks for 32 products.
The company's products are sold to specialty retailers and wholesalers, which in turn are available in pharmacies, drugstores, hospitals, etc.
One of the group companies and various third-party manufacturers support the company's activities. These usually operate on a contract manufacturing basis or sometimes on a contract basis with manufacturers of pharmaceutical products, depending on the requirements of customers.
| Incorporation | Sector | IPO Issue Size | Website |
| 2017 | Pharmaceutical Industry | ₹10.85 Cr | https://sunrestlifescience.com/ |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. Meeting Working Capital Requirements
2. General Corporate Purpose
3. Meeting Public Issue Expenses
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 612,800 (50%) | 612,800 (50%) | 1,225,600 | |
| 1 | 7th Nov 2023 19:32 | 0.62x | 5.86x | 3.24x |
| 2 | 8th Nov 2023 19:31 | 2.67x | 19.88x | 11.28x |
| 3 | 9th Nov 2023 19:31 | 29.17x | 65.74x | 48.54x |
Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,706.28 | 1,671.37 | 1,301.97 | 948.15 |
| Revenue | 563.58 | 2,467.05 | 2,690.99 | 1,694.91 |
| Profit After Tax | 75.08 | 204.31 | 77.71 | 16.55 |
| Net Worth | 386.60 | 311.52 | 107.20 | 29.49 |
| Reserves and Surplus | 86.60 | 11.52 | 106.20 | 28.49 |
| Total Borrowing | 347.32 | 214.32 | 323.83 | 231.55 |
| Amount in ₹ Lakhs | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Sunrest Lifescience Limited | 6.81 | 6.81 | 10.38 | 12.33 | 5.28 | Standalone |
| Vaishali Pharma Limited | 6.26 | 3.82 | 38.43 | 21.54 | 16.29 | Standalone |
| Chandra Bhagat Pharma Limited | 1.54 | 1.06 | 36.42 | 69.55 | 4.23 | Standalone |
Last Updated on 24-Nov-2023 06:02:44
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Sunrest Lifescience SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Sunrest Lifescience SME IPO with Zerodha.
Alternate approch to apply in Sunrest Lifescience SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Sunrest Lifescience SME IPO Review and Important Updates
Other relevant questions :
How to subscribe Sunrest Lifescience SME IPO Zerodha? How to purchase Sunrest Lifescience SME IPO on Zerodha? Sunrest Lifescience SME IPO how to buy Zerodha? Sunrest Lifescience SME IPO Zerodha apply. Sunrest Lifescience SME IPO purchase Zerodha. Sunrest Lifescience SME IPO with Zerodha. Sunrest Lifescience SME IPO at Zerodha. Sunrest Lifescience SME IPO kite Zerodha. Sunrest Lifescience SME IPO using Zerodha. Sunrest Lifescience SME IPO via Zerodha.
To subscribe or apply in Sunrest Lifescience SME IPO, you can use the following methods:
| Sunrest Lifescience SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Sunrest Lifescience SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Sunrest Lifescience SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Sunrest Lifescience SME IPO. Most of the Syndicate Banks provide access to apply in Sunrest Lifescience IPO via ASBA process. You must have your net banking access, DP ID information to apply in Sunrest Lifescience SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Sunrest Lifescience SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Sunrest Lifescience SME IPO Review and Important Updates
Other relevant question on same topics are:
Where to subscribe Sunrest Lifescience SME IPO? Where to apply for Sunrest Lifescience SME IPO? How to subscribe Sunrest Lifescience SME IPO online? Sunrest Lifescience SME IPO where to apply? Where to buy Sunrest Lifescience SME IPO online? How to buy Sunrest Lifescience SME IPO online? How to purchase Sunrest Lifescience SME IPO? How to get Sunrest Lifescience SME IPO? How to book Sunrest Lifescience SME IPO? How to invest Sunrest Lifescience SME IPO? Sunrest Lifescience SME IPO kaise buy kare?
Sunrest Lifescience SME IPO is going to be list on 20-11-2023. NSE Code for Sunrest Lifescience is SUNREST.
Other relevant questions:
When Sunrest Lifescience SME IPO will be listing? Sunrest Lifescience SME IPO NSE listing date?Sunrest Lifescience SME IPO date of listing
Sunrest Lifescience SME IPO Allotment Date is 15-11-2023.
Other relevant questions:
Sunrest Lifescience SME IPO share allotment date?Sunrest Lifescience SME IPO allotment date?
