The IPO date for Mono Pharmacare has been set. The IPO will begin on August 28 and end on August 30. Mono Pharmacare is an NSE SME IPO that will raise 14.84 crore through the IPO. The price band for the Mono Pharmacare IPO is set at 26 to 28, with a market lot of 4000 shares.
Mono Pharmacare is in the business of marketing pharmaceutical products and is also a distributor for a number of pharmaceutical firms. They collaborate with several contract manufacturers who make pharmaceutical items on our behalf based on specifications provided and then sell those products under our brand “DLS Export.” Mono Pharmacare also serves as a distributor for a number of pharmaceutical firms. They are engaging with (distributors and stockists) 168 pharmaceutical firms as of February 28,
2023, and they are also associated with 3,036 customers/vendors who are a mix of retail pharmacy stores and wholesalers. Their promoters have almost a decade of combined pharmaceutical business experience. Their Promoters have been the pillars of our Company’s growth since the beginning, and they intend to continue to expand in the pharmaceutical business with their enriched expertise and modern thinking.
Mono Pharmacare has acquired expertise in pharmaceutical product commercialization, encompassing sales, marketing, quality assurance, distribution, compliance, and regulatory elements. In India, they have sales, marketing, and distribution capabilities, as well as a sales section dedicated to creating and strengthening our interaction with specialists and super specialists. Their sales departments are also in charge of our commercialization and marketing strategy. As of February 28, 2023, their sales force consisted of 39 marketing representatives.
Their product line includes Antibiotics, Antifungals, anti-cold and anti-allergic medications, antacids and Antiemetics, Analgesics and Antipyretics, Nutraceuticals, Skincare, antiseptics, Cardiac, Diabetic, and Cosmetics, among others.
Mono Pharmacare IPO Date & Price Band Details
| IPO Open: | August 28, 2023 |
| IPO Close: | August 30, 2023 |
| IPO Size: | Approx ₹14.84 Crores, 5,500,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹26 to ₹28 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 45% of the net offer |
| QIB Quota: | 10% of the net offer |
| NII Quota: | 45% of the net offer |
Objects of the Issue:
- To meet the working capital requirements
- General Corporate Purposes
Mono Pharmacare IPO Review
- To be updated soon
Mono Pharmacare IPO Market Lot
The Mono Pharmacare IPO minimum market lot is 4000 shares with a ₹112,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 4000 | ₹112,000 |
| Retail Maximum | 1 | 4000 | ₹112,000 |
| S-HNI Minimum | 2 | 8000 | ₹224,000 |
Mono Pharmacare IPO Dates
The Mono Pharmacare IPO date is August 28, and the IPO close date is August 30. The IPO allotment date is September 4, and the IPO might list on September 7.
| IPO Open Date: | August 28, 2023 |
| IPO Close Date: | August 30, 2023 |
| Basis of Allotment: | September 4, 2023 |
| Refunds: | September 5, 2023 |
| Credit to Demat Account: | September 6, 2023 |
| IPO Listing Date: | September 7, 2023 |
Mono Pharmacare IPO Form
How to apply Mono Pharmacare IPO? –> You can apply Mono Pharmacare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mono Pharmacare IPO in the Invest section. The other option you can apply Mono Pharmacare IPO via IPO forms download via the NSE website. Check out the Mono Pharmacare forms
Mono Pharmacare Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹11.69 | ₹11.64 | ₹0.01 |
| 2021 | ₹28.38 | ₹28.21 | ₹0.10 |
| 2022 | ₹37.10 | ₹36.55 | ₹0.35 |
| 2023 | ₹- | ₹- | ₹- |
Mono Pharmacare IPO Valuation – FY2022
Check Mono Pharmacare IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹0.75 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 8.21%% |
| Net Asset Value (NAV): | ₹9.18 per Equity Share |
Peer Group
- Chandra Bhagat Pharma Limited
Mono Pharmacare IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Company Address
Mono Pharmacare Limited
1A, Krinkal Apartment Opp.
Mahalaxmi Temple, Paldi
Ahmedabad -380007
Phone: +91 99780 41356
Email: [email protected]
Website: https://monopharmacareltd.com
Company Promoters
- Panilam Lakhatariya
- Supal Lakhatariya
Mono Pharmacare IPO Lead Managers aka Merchant Bankers
- Unistone Capital Pvt Ltd
Mono Pharmacare IPO FAQs :
Q1. What is Mono Pharmacare IPO?
Ans. Mono Pharmacare IPO is an NSE SME IPO. They are going to raise ₹14.84 Crores via IPO. The issue is priced at ₹26 to ₹28 per equity share. The IPO is to be listed on NSE.
Q2. When Mono Pharmacare IPO will open?
Ans. The IPO is to open on August 28, 2023 for QIB, NII, and Retail Investors.
Q3. What is Mono Pharmacare IPO Investors Portion?
Ans. The investors’ portion for QIB is 10%, NII is 45%, and Retail is 45%.
Q4. How to Apply the Mono Pharmacare IPO?
Ans. You can apply Mono Pharmacare IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Mono Pharmacare IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mono Pharmacare”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Mono Pharmacare IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mono Pharmacare”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Mono Pharmacare IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mono Pharmacare”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Mono Pharmacare IPO Size?
Ans. Mono Pharmacare IPO size is ₹14.84 crores.
Q9. What is Mono Pharmacare IPO Price Band?
Ans. Mono Pharmacare IPO Price Band is ₹26 to ₹28 per equity share.
Q10. What is Mono Pharmacare IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 4000 shares with ₹112,000.
Q11. What is Mono Pharmacare IPO Allotment Date?
Ans. Mono Pharmacare IPO allotment date is September 4, 2023.
Q12. What is Mono Pharmacare IPO Listing Date?
Ans. Mono Pharmacare IPO listing date is September 7, 2023. The IPO to list on NSE SME.
