Supriya Lifescience Ltd IPO

 

Supriya Lifescience IPO

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.

Objects of the Issue:

• Funding capital expenditure requirements of the company
• Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and
• General corporate purposes

Supriya Lifescience IPO Details

IPO Opening Date	Dec 16, 2021
IPO Closing Date	Dec 20, 2021
Issue Type	Book Built Issue IPO
Face Value	₹2 per equity share
IPO Price	₹265 to ₹274 per equity share
Market Lot	54 Shares
Min Order Quantity	54 Shares
Listing At	BSE, NSE
Issue Size	[.] Eq Shares of ₹2 (aggregating up to ₹700.00 Cr)
Fresh Issue	[.] Eq Shares of ₹2 (aggregating up to ₹200.00 Cr)
Offer for Sale	[.] Eq Shares of ₹2 (aggregating up to ₹500.00 Cr)
QIB Shares Offered	Not less than 75% of the Offer
Retail Shares Offered	Not more than 10% of the Offer
NII (HNI) Shares Offered	Not more than 15% of the Offer

 

Supriya Lifescience IPO Tentative Timetable

The Supriya Lifescience IPO open date is Dec 16, 2021, and the close date is Dec 20, 2021. The issue may list on Dec 28, 2021.

IPO Open Date	Dec 16, 2021
IPO Close Date	Dec 20, 2021
Basis of Allotment Date	Dec 23, 2021
Initiation of Refunds	Dec 24, 2021
Credit of Shares to Demat Account	Dec 27, 2021
IPO Listing Date	Dec 28, 2021

 

Supriya Lifescience IPO Lot Size

The Supriya Lifescience IPO market lot size is 54 shares. A retail-individual investor can apply for up to 13 lots (702 shares or ₹192,348).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	54	₹14,796
Maximum	13	702	₹192,348

 

 

How to Apply for  IPO?

You can apply for the IPO in these ways:

Demat Account

If you’re a new investor open demat account for free with Angel One using link https://tinyurl.com/k79bdf4z to begin your investment journey.

UPI

Alternatively, you can apply for IPO through UPI. First, you need to connect your bank account with a preferred UPI platform. Then, link it with your Angel One account. After that, you can use the UPI option present on the Angel One website and app to subscribe to IPO.

Finally, go to the UPI app to book shares for the IPO.