Sudeep Pharma Lists at Strong Premium as Investors React to Heavily Subscribed IPO

Sudeep Pharma debuted 23% above its issue price after an IPO subscribed 93.72 times, with strong demand and clear use of proceeds supporting investor interest.

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5 days ago

Sudeep Pharma Lists at Strong Premium as Investors React to Heavily Subscribed IPO

Sudeep Pharma Lists at Strong Premium as Investors React to Heavily Subscribed IPO
Sudeep Pharma delivered a robust stock market debut today, listing at ₹730 on the NSE a 23.1% premium to its issue price of ₹593. The shares later climbed above ₹792 as trading momentum strengthened. The ₹895 crore IPO included ₹95 crore of fresh equity and an ₹800 crore offer for sale from promoter groups. Proceeds will support machinery purchases and general corporate needs.