Mono Pharmacare Limited
smelistedAbout the company
## **About the Mono Pharmacare Limited IPO** Incorporated in 1994, Mono Pharmacare is engaged in the marketing and distribution of pharmaceutical products. Through its distribution segment, company deals with (distributors and stockists) 168 pharmaceutical companies and connected with 3,036 customers/vendors who are a mix of retail pharmacy stores and wholesalers. Besides the distribution business, company sells its own pharma products under the brand “DLS Export”, which are manufactured by contract manufacturers on behalf of the company. Its product portfolio includes drugs like antibiotics, antifungal, anti cough cold & anti-allergic, antacid and antiemetics, skincare, antiseptic, cardiac, diabetic and cosmetics etc. Their business segments are only in the western region of Gujarat, particularly in Ahmedabad city. Promoters have been the pillars of the company’s growth since the beginning. Now, Mono Pharmacare Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet working capital requirements, to meet issue expenses & for general corporate purposes. ## **Here are key details about the Mono Pharmacare Limited IPO :** Company Name| Mono Pharmacare Limited | | Company Type| Private ---|---|---|---|--- IPO Type|SME|
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed28 Aug 2023Bidding starts for all investor categories
IPO Closes
Completed30 Aug 2023Last day to place your bid
Basis of Allotment
Completed30 Aug 2023Share allotment finalised
Refund Initiation
Completed05 Sept 2023Refunds credited for non-allottees
Credit to Demat
Completed04 Sept 2023Allotted shares credited to demat account
Listing on Exchange
Completed07 Sept 2023Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 4000 | ₹112,000 | 1 | ₹112,000 | 1 lot only |
| HNI | 2 | 8000 | ₹224,000 | 2 | ₹224,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,748,148 | 7.42 | 0 | 0.00x | 100% |
| NII | 15% | 824,444 | 2.23 | 0 | 0.00x | 100% |
| Retail | 35% | 1,923,704 | 5.19 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
