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Open
28 Aug 2023
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Close
30 Aug 2023
3
Allotment
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Listing
Thu, Sep 7, 2023
Price Band
₹26 to ₹28
Issue Size
53,00,000 shares (agg. up to ₹15 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Sep 7, 2023
Latest GMP
₹2
Est. Gain
7.14%
✦ AI Insight
GMP Trend
07-09-2023₹2Est. ₹30+7.14%
06-09-2023₹2Est. ₹30+7.14%
05-09-2023₹3Est. ₹31+10.71%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 62.57 | 14.38 | 11.22 | 8.72 |
| Total Income | 37.10 | 28.38 | 11.69 | |
| Profit After Tax | 0.35 | 0.10 | 0.02 | |
| NET Worth | 4.28 | 3.70 | 2.02 | |
| Reserves and Surplus | 1.32 | |||
| Total Borrowing | 6.44 | 6.08 | 6.33 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shelter Pharma Ltd. | SME | ₹16.03 Cr | ₹42 | 5.62 | ₹41.96 | -0.10% | ₹27.90 (+7.31%) |
| Vilin Bio Med Ltd. | SME | ₹12.00 Cr | ₹30 | 24.59 | ₹28.50 | -5.00% | ₹42.25 (-4.52%) |
| Remus Pharmaceuticals Ltd. | SME | ₹47.69 Cr | ₹1229 | 21.09 | ₹1,796.80 | +46.20% | ₹734.10 (-0.45%) |
| Infinium Pharmachem Ltd. | SME | ₹25.25 Cr | ₹135 | 7.83 | ₹147.80 | +9.48% | ₹209.50 (+1.67%) |
| Sotac Pharmaceuticals Ltd. | SME | ₹33.30 Cr | ₹111 | 132.14 | ₹120.75 | +8.78% | ₹95.10 (-4.90%) |
| Trident Lifeline Ltd. | SME | ₹35.34 Cr | ₹101 | 51.53 | ₹108.15 | +7.08% | ₹259.75 (-0.44%) |
| Concord Biotech Ltd. | Mainboard | ₹1,550.52 Cr | ₹741 | 32.29 | ₹942.80 | +27.23% | ₹1,342.80 (-0.37%) |
| Mankind Pharma Ltd. | Mainboard | ₹4,326.36 Cr | ₹1080 | 32.5 | ₹1,080.00 | +0.00% | ₹2,484.20 (-2.10%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 8.98 |
| 2 | General corporate purposes; and | 3.66 |
About Mono Pharmacare IPO
Incorporated in 1994, Mono Pharmacare Limited is engaged in the business of marketing and distribution of pharmaceutical products. The company offers Health Care products, Antibiotic medicines, Cough Cold Anti Allergic medicines, Antifungal medicines, Nutraceutical medicines, Analgesic & Antipyretic medicines, Antacid & Antiemetics medicines, Cardiac - Diabetic medicines, and cosmocare products. Mono Pharmacare works with contract manufacturers to manufacture pharmaceutical products to sell them under their brand name DLS Export. The company acquired DLS Export in 2022, for an aggregate consideration of ₹ 609 lakhs, in order to grow its product portfolio in selected therapeutic areas. As on February 28, 2023, the company has over 168 pharmaceutical companies as their distributors and stockists and also, and served over 3,036 customers/vendors who are a mix of retail pharmacy stores as well as wholesalers.+ Read More
Contact Details
Mono Pharmacare Ltd. Address1A, Krinkal Apartment Opp.Mahalaxmi TemplePaldiAhmedabad, Gujarat, 380007+91 99780 41356cs@monopharmacareltd.comVisit Website