
Senores Pharmaceuticals Limited, established in 2017, is a research-driven company focused on developing and manufacturing a wide range of generic pharmaceutical products. The company operates through two key business models: Marketed products (ANDA products and sourced products) and contract development and manufacturing operations (CDMO). As of September 2024, Senores Pharmaceuticals has received approvals for 19 ANDA (Abbreviated New Drug Application) and has commercialised 21 products from these ANDA approvals. Some of the company’s products also have exclusivity periods in key markets, during which no other company can launch competing versions of the same product for six months.
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| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 38 | ₹14,858 | 13 | ₹193,154 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 532 | ₹208,012 | 67 | ₹995,486 | ₹2L – ₹10L |
| bHNI (Big HNI) | 68 | 2584 | ₹1,010,344 | 73 | ₹1,084,634 | > ₹10L |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 7,627,785 | 291 | 0 | 0.00x | 100% |
| NII | 15% | 2,288,336 | 87.3 | 0 | 0.00x | 100% |
| Retail | 35% | 5,339,450 | 203.7 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).