The Entero Healthcare IPO date has been confirmed from February 9, 2024 and closes on February 13, 2024. Read the post to learn about Entero Healthcare IPO GMP.
Entero Healthcare IPO is a fixed price issue of Rs 1,600.00 crores. The price band is set at ₹ 1195 to ₹ 1258 per share. The minimal lot size for an operation is 11 Shares. The minimal quantum of investment needed by retail investors is ₹ 13,838. The minimal lot size investment for sNII is 15 lots (165 shares), amounting to ₹ 207,570, and for bNII, it’s 73 lots (803 shares), amounting to ₹1,010,174.
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Key Details Of Entero Healthcare IPO:
Bidding Dates
Feb 9-13
Price Range
₹1195 to ₹1258 per share
Face Value
₹10 per share
GMP
₹2
Entero Healthcare IPO GMP
The Entero Healthcare IPO Today GMP is ₹2.
Entero Healthcare IPO Overview
The Healthcare results IPO by Entero (the Book construction) is worth Rs 1,600.00 crore. Together this includes an offer of fresh issue shares valued at 1,000.00 crores and a trade offer for the being shares valued at 600.00 crores from the dealing shareholders which is original to 79 lakhs and 48 lakhs shares independently. Entero Healthcare IPO results ’ original Public Offering (IPO) is for a period of 5 days. It starts from February 9, 2024 and ends on February 13, 2024. There will be a determination of the effect of the Entero Healthcare IPO on Wednesday 14th February, 2024. Our attachment, the Entero Healthcare results, IPO is set to be listed on the BSE and NSE with a proposed table date of Friday, the 16th of February of 2024.
Entero Healthcare’s results ’ allocation Price is amongst this range only ₹ 1195 to ₹ 1258 per share. Represents the number of shares that are the “ minimum lot size ” for an operation. The minimal investment will be tallied only at ₹ 13,838 for the retail investors. For the minimal investment of sNII, shareholders have to invest at least 15 lots of 1.65 lakhs, while for the bNII you have to invest on 73 lots (803 shares) of 101,017.5.
Entero Healthcare Solutions IPO Details
| IPO Date | February 9, 2024 to February 13, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹1195 to ₹1258 per share |
| Lot Size | 11 Shares |
| Total Issue Size | 12,718,600 shares (aggregating up to ₹1,600.00 Cr) |
| Fresh Issue | 7,949,125 shares (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 4,769,475 shares of ₹10 (aggregating up to ₹600.00 Cr) |
| Employee Discount | Rs 119 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 16,066,886 |
| Share holding post issue | 24,016,011 |
Entero Healthcare Solutions Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,308.73 | 1,125.98 | 833.79 |
| Revenue | 3,305.72 | 2,526.55 | 1,783.67 |
| Profit After Tax | -11.10 | -29.44 | -15.35 |
| Net Worth | 597.66 | 563.22 | 487.06 |
| Total Borrowing | 373.52 | 285.03 | 141.70 |
| Amount in ₹ Crore | |||
Entero Healthcare Solutions IPO Timeline
| IPO Open Date | Friday, February 9, 2024 |
| IPO Close Date | Tuesday, February 13, 2024 |
| Basis of Allotment | Wednesday, February 14, 2024 |
| Initiation of Refunds | Thursday, February 15, 2024 |
| Credit of Shares to Demat | Thursday, February 15, 2024 |
| Listing Date | Friday, February 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 13, 2024 |
Company Profile
Entero Healthcare results Limited is an Indian wholesaler of medical inventories that was established in 2018. India’s apothecaries, hospitals, and conventions can get healthcare products through the company’s technology- driven platform. The company handled services to over 39,500, 64,200, and 81,400 retail guests in the financial times 2021, 2022, and 2023. Likewise, within the same time period, they handled care for nearly 1,600, 2,500, and 3,400 sanitarium cases. Through collaborations with further than 1,900 manufacturers of healthcare products, Entero Healthcare results has access to
further than 64,500 product stock- keeping units by March 31, 2023. As of March 31, 2023, the establishment has 73 storages in 37 metropolises across 19 countries and union homes, supplying about 81,400 apothecaries and 3,400 hospitals in 495 sections. This provides significant access for healthcare product manufacturers. As of March 31, 2023, the port employed 3014 people across multiple divisions.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Entero Healthcare Solutions Limited |
| Phone number | +91 22-69019100 |
| Email ID | [email protected] |
| Website | enterohealthcare.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Entero Healthcare Solutions IPO FAQs
When Entero Healthcare Solutions IPO will open?
The Entero Healthcare Solutions IPO opens on February 9, 2024 and closes on February 13, 2024.
What is the lot size of Entero Healthcare Solutions IPO?
Entero Healthcare Solutions IPO lot size is 11 Shares, and the minimum amount required is ₹13,838.
When is Entero Healthcare Solutions IPO allotment?
The finalization of Basis of Allotment for Entero Healthcare Solutions IPO will be done on Wednesday, February 14, 2024, and the allotted shares will be credited to your demat account by Thursday, February 15, 2024.
When is Entero Healthcare Solutions IPO listing date?
The Entero Healthcare Solutions IPO listing date is not yet announced. The tentative date of Entero Healthcare Solutions IPO listing is Friday, February 16, 2024.
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