Sudeep Pharma Surges on Market Debut After Listing Nearly 24% Above Issue Price

Sudeep Pharma listed with a 24% premium after a heavily subscribed IPO, driven by strong QIB participation and confidence in its excipients and speciality nutrition business.

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Sudeep Pharma Surges on Market Debut After Listing Nearly 24% Above Issue Price

Sudeep Pharma Surges on Market Debut After Listing Nearly 24% Above Issue Price
Sudeep Pharma made a strong stock market debut today, listing at a 24% premium to its IPO price of ₹593. The stock opened at ₹733.95 on the BSE and ₹730 on the NSE, reflecting healthy investor appetite. The company raised ₹895 crore through a combination of fresh issuance and an offer for sale. Its IPO was subscribed 93.71 times overall, led by QIB demand at 213.08 times, underscoring confidence in its high-entry-barrier excipients and speciality nutrition portfolio.