Issue Price
₹28
Per Share
GMP
NIL
Grey Market
Est. Listing
₹28
Expected Price
Min. Application
₹224,000
2 lots × 4000 shares
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.
Mono Pharmacare Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 276,000 | — | ₹0.77 Cr | — |
| TOTAL | 5,300,000 | 100.00% | ₹14.84 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹112,000 |
| Retail (Max) | 13 | 52,000 | ₹1,456,000 |
| sNII (Min) | 14 | 56,000 | ₹1,568,000 |
| bNII (Min) | 68 | 272,000 | ₹7,616,000 |
| Particulars | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue from Operations | N/A | 3710.27 | 2837.83 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | 35.09 | 9.51 |
| Net Worth | N/A | 427.57 | 369.58 |
| Total Assets | 6257.39 | 1438.31 | 1122.46 |
| Reserves & Surplus | 131.71 | N/A | N/A |
| Total Borrowings | N/A | 643.93 | 608.03 |