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    5. SENORESPHARMA

    Senores Pharmaceuticals Limited

    CLOSED

    IPO Date: 20 Dec - 24 Dec 2024

    Listing Date: 30 Dec 2024

    Price Range

    ₹372 to ₹391 per share

    Issue Size

    582.11 Cr

    Min Investment

    ₹14,136

    Lot Size

    38 Shares

    View IPO Document

    Schedule of Senores Pharmaceuticals Limited

    Issue open date

    20 Dec 2024

    Issue close date

    24 Dec 2024

    UPI mandate deadline

    24 Dec 2024 (5 PM)

    Allotment finalization

    26 Dec 2024

    Share credit

    27 Dec 2024

    Listing date

    30 Dec 2024

    Mandate end date

    8 Jan 2025

    Issue size

    Funds Raised in the IPOAmount
    Overall582.11 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date26 Dec 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price

    Performance Senores Pharmaceuticals Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹372 to ₹391 per share............

    About Senores Pharmaceuticals Limited

    Incorporated in December 2017, 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.As of September 30, 2024, the company operates three dedicated R&D facilities in India and the US.The company operates in Emerging Markets across 43 countries and manufactures critical care injectables and APIs.The company's manufacturing unit is situated in Ahmedabad, Gujrat.

    Founded in2017
    Managing director
    Parent organization

    Financial Overview

    Strengths

    • The company serves the US, Canada, and the UK regulated markets with its US FDA-approved manufacturing facility.
    • A unique product portfolio tailored for regulated markets developed in a brief period.
    • Long-term marketing agreements with pharmaceutical companies in the US, Canada, and the United Kingdom regulated markets.
    • Presence in the Emerging Markets with a product portfolio, including speciality or complex products.
    • Robust R&D capabilities driving our differentiated portfolio of products.
    • Experieced Management Team

    Risks

      Subscription Figures

      CategorySubscription (No. of times)
      Qualified Institutional Buyers (QIBs)97.84
      Non-Institutional Investors (NIIs)100.35
      Retail Individual Investors (RIIs)93.16
      EmployeeN/A
      Total97.86