IPO

Senores Pharmaceuticals Ltd. IPO

Senores Pharmaceuticals Ltd., established in 2017, operates in the Pharmaceuticals sector. The company's IPO opened on December 20, 2024 and closed on December 24, 2024, with an issue price of ₹391. ... Read more

Min Investment
₹ 14,858 / 38 shares
Price Range
₹372 - ₹ 391
Bidding Dates
20 Dec '24 - 24 Dec '24
Total Issue Value
582.11 Cr
Lot Size
38
Total Issue Size
582.11 Cr
Listing At
BSE, NSE
BSE Price
568.90 (45.5%)
NSE Price
568.60 (45.42%)

IPO Timeline

  • 20 Dec 2024
    Bidding Starts
  • 24 Dec 2024
    Bidding Ends
  • 26 Dec 2024
    Allotment Finalization
  • 30 Dec 2024
    Listing

About Senores Pharmaceuticals Ltd.

We are a global research driven pharmaceutical company engaged in developing and manufacturing a wide range of generic pharmaceutical products in the B2B segment predominantly for the Regulated Markets across various therapeutic areas and dosage forms. Our Regulated Markets business is primarily ... Read more

Parent organisation
Founded
Senores Pharmaceuticals Ltd.
2017

Senores Pharmaceuticals Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 66,65,726 (44.77%)
Employee Reserved 75,000 (0.5%)
Non Institutional Investors 22,21,909 (14.92%)
Qualified Institutional Buyers (QIBs) 44,43,817 (29.85%)
Retail Individual Investors (RIIs) 14,81,272 (9.95%)

Senores Pharmaceuticals Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 40.85 Cr 81.40 Lakh 137.61 Cr
31 Mar 2023 19.17 Cr 1.20 Cr 29.11 Cr
31 Mar 2022 16.89 Cr 29.30 Lakh 25.01 Cr

Senores Pharmaceuticals Ltd. Background

Major Events And Milestones
  • 2021
    Incorporated a wholly owned subsidiary, Senores Pharmaceuticals Inc in the US.
    Entered into a new segment of API with acquisition of Ratnagene Lifescience Private Limited.
  • 2022
    Started the domestic business with a launch of the critical care injectables
  • 2023
    Acquired majority stake in Havix., making it a Subsidiary of our Company
    Consolidated our presence in emerging markets by acquiring shares in Ratnatris Pharmaceuticals Private Limited, making a Subsidiary of our Company.
  • 2024
    Launched first CMO product in the US with Jubilant Cadista
Senores Pharmaceuticals Ltd. Object of Issues

1. Investment in one of our Subsidiaries, Havix, to fund capital expenditure requirements, to fund capital expenditure requirements for setting up a manufacturing facility for the production of sterile injections in our Atlanta Facility
2. Re-payment/pre-payment, in full or in part, of certain borrowings availed by our Company
3. Investment in our Subsidiary, namely, Havix, for re- payment/pre-payment in full or in part, of certain borrowings availed by such Subsidiary
4. Funding the working capital requirements of our Company
5. Investment in our Subsidiaries, namely, SPI and Ratnatris to fund their working capital requirements
6. Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes

Senores Pharmaceuticals Ltd. IPO Listing Details
Listing Date
30 Dec 2024
BSE Script Code
SENORES
NSE Symbol
SENORES
ISIN
INE0RB801010
Final Issue Price
₹ 391
Senores Pharmaceuticals Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 391.00 ₹ 391.00
Open ₹ 593.70 ₹ 600.00
Low ₹ 538.85 ₹ 538.85
High ₹ 609.00 ₹ 609.65
Last Trade ₹ 557.80 ₹ 557.05
Senores Pharmaceuticals Ltd. Company Promoters

1. Swapnil Jatinbhai Shah
2. Ashokkumar Vijaysinh Barot

Industry Overview

As per the F&S Report, the US pharmaceutical market increased from USD 589.0 billion in CY 2021 to USD 711.0 billion in CY 2023. The US CDMO market grew from USD 36.3 billion in CY 2021 to USD 44.7 billion in CY 2023. The Emerging pharmaceutical market rose from USD 354.3 billion in CY 2021 ... Read more

Senores Pharmaceuticals Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Senores Pharmaceuticals Ltd. IPO Lead Manager(s)
Nuvama Wealth Management Ltd.
801 - 804, Wing A, Building No 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai Maharashtra - 400051
40094400

FAQs

When does Senores Pharmaceuticals Ltd. IPO opens and closes?

Senores Pharmaceuticals Ltd. IPO opens from 20th December to 24th December 2024.

What is the size of Senores Pharmaceuticals Ltd. IPO?

The size of the Senores Pharmaceuticals Ltd. IPO is ₹582.11 Cr.

What is the price range of Senores Pharmaceuticals Ltd. IPO?

The price range of Senores Pharmaceuticals Ltd. IPO is at ₹372 to ₹391 per share.

What is the minimum investment and lot size required for the Senores Pharmaceuticals Ltd. IPO?

The minimum investment required is ₹14,858 and minimum lot size is 38 shares.

When is Senores Pharmaceuticals Ltd. IPO listing date?

The Senores Pharmaceuticals Ltd. IPO will be listed on 30th December 2024.

What is the objective of Senores Pharmaceuticals Ltd. IPO?

1. Investment in one of our Subsidiaries, Havix, to fund capital expenditure requirements, to fund capital expenditure requirements for setting up a manufacturing facility for the production of sterile injections in our Atlanta Facility
2. Re-payment/pre-payment, in full or in part, of certain borrowings availed by our Company
3. Investment in our Subsidiary, namely, Havix, for re- payment/pre-payment in full or in part, of certain borrowings availed by such Subsidiary
4. Funding the working capital requirements of our Company
5. Investment in our Subsidiaries, namely, SPI and Ratnatris to fund their working capital requirements
6. Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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