EVOQ Remedies Limited specializes in offering quality Pharmaceuticals Raw Material products, Excipients, and Bulk Drugs at an affordable prices. The company procures all the products from WHO-GMP certified & reliable Manufacturers & Importers, who follow procedures as per the stringent national and international quality and safety standards.
Competitive Strengths
- Experienced Management Team.
- Continue to develop client relationships and Trust.
- Supplying the best quality products at the most reasonable prices.
Company Promoters
Mr. Bhumishth Narendrabhai Patel and Mrs. Payal Bhumishth Patel are the company promoters.
Company Financials
| Particulars | For the year/period ended (Rs in Lakh) | |||
|---|---|---|---|---|
| 10-Feb-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 2660.58 | 804.63 | 565.22 | 214.78 |
| Total Revenue | 1056.58 | 1002.48 | 907.21 | 325 |
| Profit After Tax | 93.67 | 71.38 | 0.03 | 1.11 |
Objects Of The Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Incremental Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Issue Expenses.
Evoq Remedies IPO Details
| IPO Opening Date | Mar 17, 2022 |
| IPO Closing Date | Mar 22, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹27 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 3,600,000 Eq Shares of ₹10 (aggregating up to ₹9.72 Cr) |
| Fresh Issue | 3,600,000 Eq Shares of ₹10 (aggregating up to ₹9.72 Cr) |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Evoq Remedies IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹108,000 |
| Maximum | 1 | 4000 | ₹108,000 |
Evoq Remedies IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.53% |
Evoq Remedies IPO Prospectus
Company Contact Information
| Evoq Remedies Limited A-1106, Empire Business Hub Near AUDA Water Tank, Science City Road, Sola, Ahmedabad-380060 Phone: 7948402525 Email: info@evoqremedies.com Website: http://www.evoqremedies.com/ |
Evoq Remedies IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Evoq Remedies IPO FAQs
| When Evoq Remedies IPO will open? The Evoq Remedies IPO dates are 17 March 2022 To 22 March 2022 |
| What is the lot size of Evoq Remedies IPO ? Evoq Remedies IPO lot size and the minimum order quantity is 4000 Shares. |
| How to apply for Evoq Remedies IPO ? You can apply in Evoq Remedies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Evoq Remedies IPO listing date? The Evoq Remedies IPO listing date is announced. The date of Evoq Remedies IPO listing is []. |
