Sudeep Pharma Limited, a legacy of delivering high-quality ingredient solutions for the Pharmaceutical, food, and nutraceutical industries, plans to raise ₹895 Crore through an IPO.
[Fresh Issue ₹95 Cr + OFS ₹800 Cr]
Sudeep Pharma IPO price is ₹563 – ₹593 per share
Sudeep Pharma: History
The Company was originally incorporated as Sudeep Pharma Private Limited, a private limited company under the Companies Act, 1956, on December 21, 1989.
The Company was then converted into a public limited company under a special resolution passed by the shareholders on August 17, 2024. Its name was subsequently changed to Sudeep Pharma Limited, as per a fresh certificate of incorporation issued by the Registrar of Companies on 21 October 21 2024.
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Sudeep Pharma: Business
Sudeep Pharma Ltd. is a technology-led manufacturer of excipients and specialty ingredients for the pharmaceutical, food & nutrition industries, and is dedicated to contributing to the global healthcare ecosystem.
The Company leverages in-house developed technologies for processes such as,
- Encapsulation,
- Granulation,
- Spray drying,
- Trituration,
- Liposomal preparations, and
- Blending.
As per the F&S Report, Sudeep is one of the largest producers of food-grade iron phosphate for clinical nutrition, infant nutrition, and the food & beverage sectors (in terms of production capacity), supported by 3 manufacturing facilities in Vadodara, Gujarat, India, with a combined annual capacity of 65,579 metric tons, as of December 31, 2024.
It is one of the pioneers in India to introduce a product range of liposomal ingredients for nutrient absorption and stability, as per the F&S Report.
It is the only company in India and one of nine companies globally with certification of suitability issued by the Council of Europe (CEP).
Market Presence
The Company has established a presence in both local and overseas markets, including key regions such as Africa, Europe, the Middle East, South America, the United States, and Asia-Pacific.
Client List
As of December 31, 2024, the company had served over 1,100 clients, including 14 global Fortune 500 companies and marquee names like Danone, Merck, Pfizer, and Intas Pharma.
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Strategies Ahead
- Expand into high-growth businesses.
- Expand market reach through multiple growth initiatives.
- Develop customized solutions and enter into strategic partnerships to drive growth.
- Integrate newly acquired entities and continue evaluating inorganic growth opportunities.
- Enhance manufacturing capabilities.
Company Promoters
- Sujit Jaysukh Bhayani,
- Avani Sujit Bhayani,
- Shanil Sujit Bhayani,
- Riva Resources Private Limited,
- Bhayani Family Trust.
Refer to Sudeep Pharma DRHP for more information.
IPO Details
IPO date: 21 – 25 Nov 2025
Minimum Amount: ₹14,825
Minimum Bid: 25 Shares
Face Value (FV): ₹1
Listing On = NSE, BSE
Book Running Lead Managers
ICICI Securities
IIFL Capital Services
Financial
CONCLUSION
FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping long-term view in mind) on Sudeep Pharma IPO
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