The allotment for the Sudeep Pharma IPO is expected to be finalized today, Wednesday, November 26, 2025, marking a crucial step for investors who participated in the ₹895 crore public offering. The IPO, which opened for subscription on November 21 and closed on November 25, witnessed significant investor interest, being oversubscribed by 93.72 times.
The IPO comprised a fresh issue of 0.16 crore shares, aggregating to ₹95 crore, and an offer for sale of 1.35 crore shares, aggregating to ₹800 crore. The price band was fixed at ₹563 to ₹593 per share, with a minimum lot size of 25 shares, requiring a minimum investment of ₹14,825 at the upper end of the price band.
The strong subscription numbers were driven by substantial demand across investor categories. Qualified Institutional Buyers (QIBs) showed the most interest, with their portion being subscribed 213.08 times. The Non-Institutional Investors (NII) segment was subscribed 116.72 times, while the Retail Individual Investors (RIIs) category was booked 15.65 times.
Grey Market Premium (GMP)
Ahead of the allotment, the grey market premium (GMP) for Sudeep Pharma IPO has shown positive trends. On November 24, the GMP stood at ₹121, suggesting an estimated listing price of ₹714 per share, a 20.40% gain over the issue price. Today, November 26, the GMP is reported at ₹87 per share, indicating an estimated listing price of ₹680 per share, nearly 15% premium to the IPO price of ₹593. However, it's important to note that GMP is speculative and doesn't guarantee listing performance.
How to Check Allotment Status:
Investors can check their allotment status through the following methods:
- BSE Website:
- Visit the BSE website.
- Select 'Equity' as the issue type.
- Choose 'Sudeep Pharma Ltd' from the dropdown menu.
- Enter your application number and PAN number.
- Click on the 'Search' button to view your allotment status.
- NSE Website:
- Visit the NSE website.
- Register, if you haven't already.
- Log in and navigate to the IPO allotment status section.
- Select 'Sudeep Pharma IPO' and enter the required details, such as application number and PAN number.
- Click on the 'Submit' button to view your allotment status.
- MUFG Intime India Pvt. Ltd (Registrar):
- Visit the MUFG Intime India Pvt. Ltd website, the registrar for the IPO.
- Select 'Sudeep Pharma IPO' from the dropdown menu.
- Enter either your PAN number, application number, or DPID/Client ID.
- Enter the captcha code and click on the 'Submit' button to view your allotment status.
Listing Date:
The tentative listing date for Sudeep Pharma IPO is Friday, November 28, 2025, on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Allotted shares are expected to be credited to investors' demat accounts by Thursday, November 27, 2025. Refunds for unsuccessful applicants are also expected to be initiated on the same day.
ICICI Securities is the book-running lead manager for the IPO, with MUFG Intime India acting as the registrar.
