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

Supriya Lifescience Focused Player In Key, Niche APIs: ICICI Direct

A technician inspects a tray full of pills at the end of the production line. (Photographer: Jonathan Drake/Bloomberg News)

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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:

ICICI Direct Supriya Lifescience IPO Review.pdf
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