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Mono Pharmacare Limited

Mono Pharmacare Limited

listed
₹1.04LMin. investment

Mono Pharmacare Limited IPO Details

Price range₹26.00 – ₹28.00
IPO type
SME
Lot size4000 shares
Issue size₹14.84Cr
RHP/DRHP
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Mono Pharmacare Limited Timeline

  1. Bid start
    28 Aug 2023
  2. Bid end
    30 Aug 2023
  3. Allotment
    30 Aug 2023
  4. Release of funds
    5 Sep 2023
  5. Demat transfer
    4 Sep 2023
  6. Listing
    7 Sep 2023

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 NameMono Pharmacare Limited  Company TypePrivate
IPO TypeSME

Checklist

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Mono Pharmacare Limited Contact Details

Company NameMono Pharmacare Limited

How to apply for Mono Pharmacare Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Mono Pharmcare Limited IPO FAQs