Law Firms Steer Sudeep Pharma’s Strong ₹895 Cr IPO Debut

Sudeep Pharma’s ₹895 crore IPO saw strong demand, listing at a solid premium with leading law firms advising across the transaction’s key components.

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4 days ago

Law Firms Steer Sudeep Pharma’s Strong ₹895 Cr IPO Debut

Law Firms Steer Sudeep Pharma’s Strong ₹895 Cr IPO Debut
Sudeep Pharma’s ₹895 crore IPO saw robust demand across investor categories, with overall subscription reaching 93.71 times and QIB interest hitting an impressive 213.08 times. The issue included a fresh offering and an offer for sale, guided by CAM for the company and S&R Associates along with Hogan Lovells for the book-running lead managers. The stock listed at a premium on both NSE and BSE, opening at ₹730 and ₹725 respectively.