Sudarshan Pharma Industries

The Mumbai-based company, Sudarshan Pharma Industries Limited was originally incorporated as ‘Sudarshan Specialty Chemsolve Private Limited. Incorporated in 2008, the organisation supplies chemicals, export and import activities, intermediates, and APIs (Active Pharmaceutical Ingredients). They outsource the production facility to suppliers in India and other countries as per the client’s requirements. The company’s product is mostly used across various industries, including the pharma, food, paint, and adhesive industries. The organisation provides medicine and pharmaceutical formulations to hospitals, NGOs, and the government by involving itself in a contract manufacturing facility.  They have a total of 50 pharmaceutical formulations that are sold under the brand name in the form of ointments, tablets, injectables, and capsules. Further, they offer customised solutions, along with QC (quality control) services and formulation development. Here are the competitive strengths of the company:

• A strong network for distribution, marketing, and sales.
• Focusing on quality delivery and customer requirements
• They offer various products range
• Diversified commercial ventures

• To fulfill working capital requirements
• To expand production facilities for the pharmaceutical business
• Common corporate expenses
• To cover up the issue expenses

Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-17	1992.93	5551.72	15.63
31-Mar-18	3096.37	8976.43	73.98
31-Mar-19	5013.72	14001.96	234.79

Opening Date	Jun 12, 2019
Closing Date	Jun 21, 2019
Listing Date	Jun 25, 2019
Face Value	Rs.10 each share
Price	Rs.72 for each share
Issue Size	3,440,000 shares
Listing At	NSE SME