Sunrest Lifescience Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 612,800 (47%) | — | ₹515 Cr |
| Retail | — | 612,800 (47%) | — | ₹515 Cr |
| Market Maker | — | 65,600 (5%) | — | ₹6 Cr |
| Σ Total | — | 1,291,200 (100%) | — | ₹10,846 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹134,400 |
| Retail (Max) | 13 | 20,800 | ₹1,747,200 |
| S-HNI (Min) | 14 | 22,400 | ₹1,881,600 |
| B-HNI (Min) | 67 | 107,200 | ₹9,004,800 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 564 | 2,467 | 2,691 |
| Profit After Tax | 75 | 204 | 78 |
| Net Worth | 387 | 312 | 107 |
| Total Assets | 1,706 | 1,671 | 1,302 |
| Reserves & Surplus | 87 | 12 | 106 |
| Total Borrowing | 347 | 214 | 324 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Meeting Working Capital Requirements – 8.55
- General Corporate Purpose – 1.40
Company Overview
Incorporated in 2017, Sunrest Lifescience Limited offers a diverse range of healthcare and personal care products.
The company's product range includes Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Sunrest Lifescience's product portfolio encompasses an extensive range of drugs such as Anti-Bacterial, Anti Diarrheal, AntiFungal, Anti Malerial, Anti Diabetic, Dental Cure, Anti Protozol, Anti Histamine, Anti-Hypertensive drugs, Cosmetic, Anti Parasitic, Multivitamin, Multimineral, Nutraceutical, and Anti-inflammatory.
The company gets its products manufactured by third-party pharma product manufacturers which also includes Trilend Pharmaceuticals Private Limited (Trilend), a Sunrest group company. The company has 43 third-party manufacturers across these states: Gujarat, Punjab, Maharashtra, Haryana, Himachal Pradesh, Uttarakhand and Madhya Pradesh.
Sunrest Lifescience's clientele includes stockists and Super Stockists & in turn, it is available at Chemist shops, Dispensaries, Hospitals, etc.
With 18 Registered Trademarks for 32 products, Sunrest Lifescience is committed to delivering high-quality products to its customers.