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This Article is From Dec 16, 2021

Supriya Lifescience IPO — Focused Player In Key, Niche Active Pharma Ingredients: ICICI Direct

Supriya Lifescience IPO — Focused Player In Key, Niche Active Pharma Ingredients: ICICI Direct
A technician inspects a tray full of pills at the end of the production line. (Photographer: Jonathan Drake/Bloomberg News)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct's IPO Report

Supriya Lifescience Ltd. is a manufacturer and supplier of active pharmaceuticals ingredients, with a focus on research and development.

As of October 31, 2021, the company has niche product offerings of 38 APIs focused on diverse therapeutic segments such as antihistamine, analgesic, anaesthetic, vitamin, anti-asthmatic and anti-allergic.

Supriya Lifescience has been the largest exporter of Chlorpheniramine Maleate and Ketamine Hydrochloride from India, contributing to 45-50% and 60-65%, respectively, of the API exports from India, between FY17 and FY21.

The company is among the largest exporters of Salbutamol Sulphate in India contributing to 31% of the API exports from India in FY21 in volume term.

Supriya Lifescience's business operations are supported by a modern manufacturing facility in Parshuram Lote, Maharashtra. The manufacturing facility has reactor capacity of 547 kilo litres per day and seven cleanrooms.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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