Sudeep Pharma Subscribed 5.09 Times on Day 2 of IPO
The Initial Public Offering of Sudeep Pharma Limited was subscribed 5.09 times on the second day of bidding, demonstrating strong demand from retail and non-institutional investors for this IPO. The issue received bids of 5,38,15,050 against the offered 1,05,64,926 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed 4.97 and 12 times respectively. Qualified Institutional Investors was subscribed 0.13 times. The issue kicked off for subscription on Friday, November 21, 2025 and will close for subscription on Tuesday, November 25, 2025. A day before the opening of the issue, Sudeep Pharma Limited had raised Rs 268.5 crore from anchor investors. Leading investors like Mukul Agarwal of Param Capital (Sanshi Fund-I), Prashant Khemka of Whiteoak, Akash Bhansali of ENAM and Prashant Jain from 3P Investment were also a part of the Anchor book. Leading brokerage firms like Marwadi Financial Services and SBICa...