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Sudeep Pharma IPO Opens: Day 1 Subscription at 33% Amidst Strong Grey Market Premium

Healthcare/Biotech

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Published on 21st November 2025, 6:16 AM

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Author

Satyam Jha | Whalesbook News Team

Overview

Sudeep Pharma's Initial Public Offering (IPO) opened on November 21, aiming to raise ₹895 crore. On the first day, the IPO was subscribed 33%, with Non-Institutional Investors (NII) at 52% and retail investors at 43%. The price band is ₹563-593 per share. Unlisted shares traded at a Grey Market Premium (GMP) of around 20%, indicating expectations for a strong listing.