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15 Days Price Change

Senores Pharmaceutic IPO

Closing In

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Profile
Issue Size --
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Price Range 372  to  391 per share
Profile
Min Investment ₹391
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Senores Pharmaceuticals Limited, established in December 2017, specializes in the development and manufacturing of a wide range of pharmaceutical products, primarily targeting regulated markets such as the US, Canada, and the UK, while also catering to emerging markets. The company's diverse product portfolio includes medications like Amphetamine Sulfate Tablets, Hydroxychloroquine Sulfate Tablets, Ketoconazole Tablets, Butalbital, Acetaminophen and Caffeine Capsules, Mexiletine Hydrochloride Capsules, Ketorolac Tromethamine Tablets, Diclofenac Potassium Tablets, Nicardipine Hydrochloride Capsules, Escitalopram Tablets, Prochlorperazine Maleate Tablets USP, Terazosin Capsules USP, Morphine Sulfate Tablets, Methadone Hydrochloride Tablets, Cyclobenzaprine Hydrochloride Tablets, Irbesartan Tablets, Risperidone Tablets, Topiramate Capsules, and Ivermectin Tablets, primarily for regulated markets. Read More

Basic Info

Face Value 10 per share

Price 372  to  391 per share

P/E (x) 24.3

Sales( Cr.) 398

PAT( Cr.) 58

EPS 16.1

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Swapnil Jatinbhai Shah Ashokkumar Vijaysinh Barot.

Pre Issue Share Holding 71.1%

Post Issue Share Holding --%

Listing Details:

Listing Price: 593.7

Listing Gain: 34.14%

Current Price: 1120.7

Gain On Issue: 1120.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 20, 2024
Closing Date Dec 24, 2024
Allotment Dec 25, 2024
Refund Dec 26, 2024
Delivery of Shares Dec 26, 2024
Listing Date Dec 27, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 38 14,858
Retail (Max) 13 494 193,154
S-HNI (Min) 14 532 208,012
S-HNI (Max) 67 2546 995,486
B-HNI (Min) 68 2584 1,010,344

Objective of the Issue

1. Investment in one of the Subsidiaries, Havix Group, Inc. d/b/a Aavis Pharmaceuticals (“Havix”), to fund capital expenditure requirements for setting up a manufacturing facility for the production of sterile injections in the Atlanta Facility. 2. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company. 3. Investment in the Subsidiary, namely, Havix, for repayment/pre-payment in whole or part of certain borrowings availed by such Subsidiary. 4. Funding the working capital requirements of the Company. 5. Investment in the Subsidiaries, namely, Senores Pharmaceuticals Inc. (“SPI”) and Ratnatris Pharmaceutical Private Limited (“Ratnatris”), to fund their working capital requirements. 6. Funding inorganic growth through acquisition and other strategic initiatives.

Issue

Category Nos Bid Bid (x)
QIB 11165792 1092461089 97.8x
NII 2233158 224097405 100.3x
Retail 1488772 138694000 93.2x
EMP 0 0 0x
Total 14887723 1456912573 97.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Senores Pharmaceutic Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 14 35 215 398
Other Income 0 4 3 19
Total Income 15 39 217 418
Total Expenditure 12 23 173 309
Operating Profit 2 16 44 109
Interest 1 2 9 22
Depreciation 1 2 10 17
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 12 25 71
Provision for Tax 0 4 -8 12
Profit After Tax 1 8 33 58
Adjustments 0 0 -1 0
Profit After Adjustments 1 8 31 59
Adjusted Earnings Per Share 1.1 8.6 10.3 12.7

Senores Pharmaceutic Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 37 45 204 786
Minority's Interest 0 0 27 26
Borrowings 12 30 134 162
Other Non-Current Liabilities 0 4 -6 -7
Total Current Liabilities 10 52 248 241
Total Liabilities 59 131 607 1208
Fixed Assets 7 27 235 301
Other Non-Current Assets 25 52 121 185
Total Current Assets 27 51 251 722
Total Assets 59 131 607 1208

Senores Pharmaceutic Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 3 0 8
Cash Flow from Operating Activities -10 -1 -26 -46
Cash Flow from Investing Activities -24 -48 -54 -429
Cash Flow from Financing Activities 36 46 87 573
Net Cash Inflow / Outflow 2 -3 7 98
Closing Cash & Cash Equivalent 3 0 8 105

Senores Pharmaceutic Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.13 8.59 10.31 12.72
CEPS(Rs) 1.94 10.4 14 16.33
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 41.86 46.36 66.95 170.72
Core EBITDA Margin(%) 13.78 35.85 19.38 22.51
EBIT Margin(%) 12.05 41.25 16.03 23.13
Pre Tax Margin(%) 8.07 35.2 11.63 17.72
PAT Margin (%) 6.99 23.86 15.25 14.65
Cash Profit Margin (%) 11.97 28.9 19.91 18.88
ROA(%) 1.69 8.89 8.86 6.43
ROE(%) 2.71 20.55 26.19 11.78
ROCE(%) 3.36 18.56 12.31 11.94
Receivable days 505.67 215.56 114.09 108.09
Inventory Days 76.84 31.54 34.45 43.08
Payable days 324.2 296.18 217.67 182.04
PER(x) 0 0 0 45.04
Price/Book(x) 0 0 0 3.35
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 1.39 1.99 1.24 6.42
EV/Core EBITDA(x) 8.18 4.31 5.99 23.47
Net Sales Growth(%) 0 149.38 507.07 85.65
EBIT Growth(%) 0 753.34 135.95 167.87
PAT Growth(%) 0 750.96 287.88 78.36
EPS Growth(%) 0 657.94 20.01 23.33
Debt/Equity(x) 0.39 1.34 1.22 0.39
Current Ratio(x) 2.74 0.99 1.01 3
Quick Ratio(x) 2.44 0.93 0.86 2.77
Interest Cover(x) 3.02 6.82 3.64 4.27
Total Debt/Mcap(x) 0 0 0 0.12

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 85% 205% 0% 0%
Operating Profit CAGR 148% 279% 0% 0%
PAT CAGR 76% 287% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 116% NA% NA% NA%
ROE Average 12% 20% 15% 15%
ROCE Average 12% 14% 12% 12%

Company Contact Information

Senores Pharmaceuticals Ltd.

1101 To 1103, 11th Floor, South Tower One 42 Opp. Jayantilal Park Ambali Bopal Road

IPO Lead Manager(s)

Senores Pharmaceuticals Ltd.

Equirus Capital Pvt Ltd

Nuvama Wealth Management Ltd.

Ambit Private Limited

Registrar Info

Senores Pharmaceuticals Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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