Established in 1994, Mono Pharmacare Limited specializes in the marketing and distribution of pharmaceutical products. The company’s offerings encompass a range of healthcare products, including antibiotics, cough and cold medications, antifungal treatments, nutraceuticals, pain relievers, antacids, cardiac-diabetic medicines, and cosmetics.
Mono Pharmacare collaborates with contract manufacturers to produce pharmaceutical items that are marketed under their own brand name, DLS Export. In 2022, the company acquired DLS Export for a total consideration of ₹609 lakhs, a strategic move aimed at expanding its product portfolio within specific therapeutic domains.
As of February 28, 2023, Mono Pharmacare boasts a network of more than 168 pharmaceutical companies serving as distributors and stockists. Additionally, the company has catered to a diverse clientele of over 3,036 customers and vendors, encompassing both retail pharmacy outlets and wholesale distributors.
Mono Pharmacare IPO Details #
Mono Pharmacare IPO is a Book Built Issue. The IPO total issue size is Rs 14.84 Cr. The Mono Pharmacare IPO price is ₹26 to ₹28 per share. The IPO will list on NSE SME.
| IPO Date | Aug 28, 2023 to Aug 30, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹26 to ₹28 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 5,300,000 shares (aggregating up to ₹14.84 Cr) |
| Fresh Issue | 5,300,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,368,564 |
| Share holding post issue | 17,668,564 |
| Market Maker portion | 276,000 shares Rikhav Securities |
Mono Pharmacare IPO Reservation #
| QIB Shares Offered | Not more than 10.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 45.00% of the Offer |
| Retail Shares Offered | Not less than 45.00% of the Offer |
Mono Pharmacare IPO Timetable (Tentative) #
Mono Pharmacare IPO opens on Aug 28, 2023, and closes on Aug 30, 2023.
| IPO Open Date | Monday, 28 August 2023 |
| IPO Close Date | Wednesday, 30 August 2023 |
| Basis of Allotment | Monday, 4 September 2023 |
| Initiation of Refunds | Tuesday, 5 September 2023 |
| Credit of Shares to Demat | Wednesday, 6 September 2023 |
| Listing Date | Thursday, 7 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 30, 2023 |
Mono Pharmacare IPO Lot Size #
The minimum lot size of this Mono Pharmacare IPO is 4000 shares required is ₹112,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹112,000 |
| Retail (Max) | 1 | 4000 | ₹112,000 |
| HNI (Min) | 2 | 8,000 | ₹224,000 |
| Lot Size Calculator | |||
Mono Pharmacare IPO Promoter Holding #
Panilam Lakhatariya and Supal Lakhatariya are the company’s promoters.
| Pre Issue Share Holding | 81.02% |
| Post Issue Share Holding |
Company Financials #
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 871.70 | 1,122.46 | 1,438.31 | 6,257.39 |
| Revenue | 1,168.90 | 2,837.83 | 3,710.27 | |
| Profit After Tax | 1.99 | 9.51 | 35.09 | |
| Net Worth | 201.92 | 369.58 | 427.57 | |
| Reserves and Surplus | 131.71 | |||
| Total Borrowing | 633.46 | 608.03 | 643.93 |
Key Performance Indicator #
| KPI | Values |
|---|---|
| ROE | 9.01% |
| ROCE | 10.34% |
| Debt/Equity | 2.92 |
| EPS (Rs) | 1.99 |
| RoNW | 9.01% |
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- To meet the working capital requirements,
- General corporate purposes, and
- To meet the issue expenses.
Mono Pharmacare IPO Prospectus #
- Mono Pharmacare IPO DRHP
- Mono Pharmacare IPO RHP
Company Contact Information #
1A, Krinkal Apartment Opp.
Mahalaxmi Temple, Paldi
Ahmedabad -380007
Phone: +91 99780 41356
Email: cs@monopharmacareltd.com
Website: https://monopharmacareltd.com/
Mono Pharmacare IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Mono Pharmacare IPO Lead Manager(s) #
FAQs #
What is the total issue size of Mono Pharmacare IPO? #
The total issue size of Mono Pharmacare IPO is ₹14.84 Crores.
What is the IPO price for Mono Pharmacare shares? #
The IPO price for Mono Pharmacare shares is ₹26 to ₹28 per share.
What is the minimum lot size for Mono Pharmacare IPO? #
The minimum lot size for Mono Pharmacare IPO is 4000 shares, requiring an investment of ₹112,000.
When does Mono Pharmacare IPO open and close? #
Mono Pharmacare IPO opens on August 28, 2023, and closes on August 30, 2023.
Who are the promoters of Mono Pharmacare Limited? #
The promoters of the company are Panilam Lakhatariya and Supal Lakhatariya.
What are the key financial indicators of Mono Pharmacare as of March 31, 2023? #
Return on Equity (ROE): 9.01%
Return on Capital Employed (ROCE): 10.34%
Debt/Equity Ratio: 2.92
Earnings Per Share (EPS): ₹1.99
Return on Net Worth (RoNW): 9.01%
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.
