
Emerging SME Services · NSE
Incorporated in 2017, Sunrest Lifescience Limited offers a wide range of healthcare and personal care products, including capsules, tablets, syrup, ointment, gel, mouthwash, solution, suspension, dry powders, and toothpaste. Its portfolio covers medicines across multiple therapeutic categories like anti-bacterial, anti-diarrheal, anti-fungal, anti-malarial, anti-diabetic, dental care, anti-protozoal, anti-histamine, anti-hypertensive, cosmetics, anti-parasitic, multivitamin, multimineral, nutraceutical, and anti-inflammatory. With 18 registered trademarks covering 32 products, Sunrest Lifescience is focused on delivering high-quality and effective formulations to its customers.
Price Band
₹84
Issue Size
₹10.85 Cr
Lot Size
1600 shares
GMP
+6.0%
Est. Listing
₹89
at current GMP
Subscribed
47.51x
overall
Open
7 Nov 2023
Close
9 Nov 2023
Allotment
15 Nov 2023
Refund
16 Nov 2023
Demat Credit
17 Nov 2023
Listing
20 Nov 2023
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
15 Nov 2023
Basis finalization
Refunds Initiate
16 Nov 2023
Mandate release
Demat Credit
17 Nov 2023
Shares in demat
Listing Debut
20 Nov 2023
Trading begins
Sunrest Lifescience Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹10.85 Crores. The shares are offered at a price band of ₹84 to ₹84 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-17, while un-allotted funds or UPI block mandates will be released on 2023-11-16.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.