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Sudeep Pharma’s Rs 895 crore IPO has entered its second day of bidding. On Day 1, the issue was already oversubscribed, receiving subscriptions of 1.42 times the number of shares on offer, with bids for shares of 1.50 crore against the available 1.05 crore. On the gray market, the IPO is trading at a premium […]
Sudeep Pharma, a technology-focused maker of excipients and specialty ingredients used in pharmaceuticals, food and nutrition, has raised Rs 268 crore from a heavyweight roster of anchor investors, setting the tone for its Rs 895 crore IPO set to open on November 21.The company allotted 45.27 lakh shares of Rs 593 each to anchors, drawing […]
