Senores Pharmaceuticals IPO. Bidding, GMP, Trends, and Reviews.

About Senores Pharmaceuticals IPO:

Founded in December 2017, Senores Pharmaceuticals Limited is a pharmaceutical firm dedicated to the development and production of a wide array of high-quality pharmaceutical products. The company primarily targets regulated markets like the US, Canada, and the UK, while also seeking growth in emerging markets worldwide.

Senores Pharmaceuticals IPO: Product Portfolio

Senores Pharmaceuticals Limited provides a comprehensive and diverse product portfolio that spans various therapeutic areas. Notable products include:

  • 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
  • Ivermectin Tablets

These products are mainly aimed at regulated markets (US, Canada, and UK) and also serve emerging markets. The company has particularly focused on creating specialty and complex products.

Senores Pharmaceuticals IPO: Key Milestones

  • By September 30, 2024, Senores Pharmaceuticals had successfully launched 55 products, which are offered in major therapeutic fields such as antibiotics and anti-fungal treatments.
  • The company has formed strategic partnerships with distributors and hospitals in several states of India, enhancing its presence in the region.

Senores Pharmaceuticals IPO: Manufacturing and R&D

  • Senores Pharmaceuticals features a cutting-edge manufacturing facility in Ahmedabad, Gujarat, recognized by the US FDA. This certification guarantees that the company adheres to strict quality and compliance standards in regulated markets.
  • The company operates three dedicated R&D facilities, located in India and the US, concentrating on the creation of innovative and unique products.
  • Senores Pharmaceuticals also produces critical care injectables and Active Pharmaceutical Ingredients (APIs), which are essential for fulfilling the demands of emerging markets across 43 countries.
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Senores Pharmaceuticals IPO: Competitive Strengths

Senores Pharmaceuticals has established itself as a competitive entity in the global pharmaceutical sector through the following advantages:

  1. Regulated Market Focus: The company’s products are designed and manufactured to comply with the strict regulations of markets such as the US, Canada, and the UK, supported by their US FDA-approved manufacturing facility.
  2. Tailored Product Portfolio: Their distinctive product range is specifically created to meet the needs of regulated markets, including a variety of specialty and complex products developed in a relatively short timeframe.
  3. Long-term Marketing Partnerships: Senores Pharmaceuticals has obtained long-term marketing agreements with pharmaceutical companies in the US, Canada, and the UK, ensuring consistent revenue flow and market access.
  4. Presence in Emerging Markets: The company maintains a solid presence in 43 emerging markets, providing a wide range of products, including specialty and complex formulations, which set it apart from competitors in these areas.
  5. Robust R&D Capabilities: With substantial investments in research and development, Senores Pharmaceuticals continuously strives to expand and differentiate its product offerings. The company’s R&D facilities are integral to fostering innovation and enhancing product quality.
  6. Experienced Management: The organization is guided by a very knowledgeable management team, proficient in pharmaceutical development, manufacturing, and worldwide market growth, ensuring sound strategic choices and business advancement.

Conclusion

Senores Pharmaceuticals Limited, emphasizing regulated markets, dedication to innovation, and solid presence in both developed and developing markets, is well-suited for ongoing expansion. The company’s strong manufacturing and R&D abilities, along with strategic partnerships, provide it with a competitive advantage in the global pharmaceutical sector.

ParameterDetails
IPO Open DateFriday, December 20, 2024
IPO Close DateTuesday, December 24, 2024
Basis of AllotmentThursday, December 26, 2024
Initiation of RefundsFriday, December 27, 2024
Credit of Shares to DematFriday, December 27, 2024
Listing DateMonday, December 30, 2024
Cut-off time for UPI mandate confirmation5 PM on December 24, 2024
Parameter30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets678.08621.88131.0559.15
Revenue183.35217.3439.0214.63
Profit After Tax23.9432.718.430.99
Net Worth319.06231.7145.5036.59
Reserves and Surplus263.36175.9435.2525.37
Total Borrowing242.03248.3860.7614.21

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