Sudeep Pharma IPO Opens Nov 21: Anchor Investors Commit Rs 268 Cr, Eyes Rs 895 Cr

Overview

Sudeep Pharma, a manufacturer of mineral-based excipients and actives for pharmaceutical, food, and nutrition industries, has raised Rs 268.5 crore from anchor investors ahead of its IPO. The Initial Public Offering (IPO) opens for public subscription on November 21, aiming to raise Rs 895 crore by offering shares at Rs 563-593 each. The funds will be utilized for machinery procurement and general corporate purposes.