Senores Pharmaceuticals IPO lists at 53% premium

Senores Pharmaceuticals IPO lists at 53% premium

By: IPP Bureau

Last updated : December 31, 2024 9:58 am



The company's portfolio includes 21 commercialized products, 19 approved ANDAs, 4 CGT designations, 6 filed ANDAs, and 45 products in its pipeline


Shares of Senores Pharmaceuticals Limited made a healthy debut on the exchange to list at a 53.45% premium. 

The scrip listed Rs 593.70 per share on BSE, a premium of 51.84% and Rs 600 per share on NSE, a premium of 53.45%. The company's share price closed at Rs 557.80 per share on the BSE, a 42.66% premium, and at Rs 562 per share on the NSE, a 43.73% premium.

 As per NSE, the total quantity traded stood at 142.34 lakh shares, on BSE the total Quantity stood at 10.97 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 887.72 crore. 

Swapnil Shah, MD - Senores Pharmaceuticals Ltd said "We are deeply grateful to all our investors for their trust and support, which has been instrumental in helping us achieve this significant milestone. Today, as we list Senores Pharma, we recognize the confidence you have placed in our vision and our ability to execute. This listing marks a new chapter in our growth journey, and we remain committed to delivering long-term value to all stakeholders. We look forward to continuing to build on our success and further strengthening our position in the pharmaceutical sector." 

The Market Capitalization of the company at yesterday’s closing price stood at Rs. 2,568.87 Crore as per BSE and Rs. 2,558.21 Crore as per NSE. 

Senores Pharmaceuticals identifies, develops, and manufactures a wide range of specialty and complex pharmaceutical products, making it a preferred partner for key customers. The company has built a robust pipeline, demonstrated through partnerships in the US, Canada, and the UK with major pharmaceutical companies such as Prasco LLC, Jubilant Cadista Pharmaceuticals, and Cipla USA.  

The company's portfolio includes 21 commercialized products, 19 approved ANDAs, 4 CGT designations, 6 filed ANDAs, and 45 products in its pipeline.

SenoresPharmaceuticals IPO FundRaising Listing

First Published : December 31, 2024 12:00 am