Dear Reader, today in this article we will give you complete information about Mono Pharmacare IPO GMP. This IPO is opening on 28th August and its premium is being talked about very high. The share price will be only between 27 to 28 and 4000 shares will come in 1 lot.
Mono Pharmacare Limited IPO Detail, Review, Timetable, Lot Size, Promoter Holding, Financial Information.
Mono Pharmacare IPO is an Ahmedabad-based company that manufactures all types of medicines. Panilam Lakhatariya and Supal Lakhatariya are the main promoters of the company.
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Mono Pharmacare IPO Details
| Face Value | ₹10 per share |
| Price | ₹26 to ₹28 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 5,300,000 shares (aggregating up to ₹14.84 Cr) |
| Fresh Issue | 5,300,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre-issue | 12,368,564 |
| Shareholding post issue | 17,668,564 |
| Market Maker portion | 276,000 shares Rikhav Securities |
Mono Pharmacare IPO Timetable
| IPO Open Date | Monday, 28 August 2023 |
| IPO Close Date | Wednesday, 30 August 2023 |
| Basis of Allotment | Monday, 4 September 2023 |
| Initiation of Refunds | Tuesday, 5 September 2023 |
| A credit of Shares to Demat | Wednesday, 6 September 2023 |
| Listing Date | Thursday, 7 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 30, 2023 |
Mono Pharmacare IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹112,000 |
| Retail (Max) | 1 | 4000 | ₹112,000 |
| HNI (Min) | 2 | 8,000 | ₹224,000 |
Mono Pharmacare IPO Promoter Holding
Panilam Lakhatariya and Supal Lakhatariya are the company’s promoters.
| Pre Issue Share Holding | 81.02% |
| Post Issue Share Holding |
Mono Pharmacare IPO Financial Information
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 871.70 | 1,122.46 | 1,438.31 | 6,257.39 |
| Revenue | 1,168.90 | 2,837.83 | 3,710.27 | |
| Profit After Tax | 1.99 | 9.51 | 35.09 | |
| Net Worth | 201.92 | 369.58 | 427.57 | |
| Reserves and Surplus | 131.71 | |||
| Total Borrowing | 633.46 | 608.03 | 643.93 |
Company Contact Information
| Mono Pharmacare Limited 1A, Krinkal Apartment Opp. Mahalaxmi Temple, Paldi Ahmedabad -380007 Phone: +91 99780 41356 Email: [email protected] Website: https://monopharmacareltd.com/ |
What is the Mono Pharmacare IPO?
The Mono Pharmacare IPO is a Small and Medium-sized Enterprise (SME) Initial Public Offering (IPO) comprising 5,300,000 equity shares with a face value of ₹10 each, totaling ₹14.84 Crores. The offering price per share falls within the range of ₹26 to ₹28. The minimum order quantity for shares is 4,000. The intention is to list these shares on the NSE SME exchange.
What are the opening and closing dates for the Mono Pharmacare IPO?
The Mono Pharmacare IPO will open for subscription on August 28, 2023, and conclude on August 30, 2023.
What is the expected listing date for the Mono Pharmacare IPO?
While the precise listing date for the Mono Pharmacare IPO is yet to be officially announced, it is tentatively projected to occur on Thursday, September 7, 2023.
Best Mono Pharmacare IPO Review?
The company is a distributor for many giant pharma companies and has been doing well for the reported periods. Based on FY23 earnings, the issue appears aggressively priced. Well-informed investors may park funds for the medium to long-term rewards.