Mona Pharmacare Limited is engaged in the business of marketing of pharmaceutical products and also, the company is distributors of various pharmaceutical companies.
The company work with various contract manufacturers who manufacture pharmaceutical products on company’s behalf based on compositions given by Mona Pharmacare and subsequently the company sell those products under its brand “DLS Export”.
As on February 28, 2023, the company is dealing with (distributors and stockists) 168 pharmaceutical companies and also, Mona Pharmacare is connected with 3,036 Customers/vendors who are a mix of retail pharmacy stores as well as wholesalers.
Mona Pharmacare IPO – Details
| IPO Opening Date | 28 August 2023 |
| IPO Closing Date | 30 August 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 53,00,000 Shares Worth ₹14.84 Crore Fresh Issue: 53,00,000 Shares Worth ₹14.84 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹26 – ₹28 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Mona Pharmacare IPO – Date Schedule
| IPO Open Date | 28 August 2023 |
| IPO Close Date | 30 August 2023 |
| Basis of Allotment | 04 September 2023 |
| Initiation of Refund | 05 September 2023 |
| Credit of Shares to Demat Account | 06 September 2023 |
| IPO Listing Date | 07 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 30, 2023 |
Mona Pharmacare IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 4000 | 1,12,000 |
| Retail (Maximum) | 1 | 4000 | 1,12,000 |
| HNI (Minimum) | 2 | 8000 | 2,24,000 |
Competitive Strengths
- Experienced promoters and management team with industry knowledge and an established track record.
- Asset-light business model and competitive products.
- Scalable Business Model.
- Wide and diverse range of product offerings.
Company Promoters
- Panilam Lakhatariya
- Supal Lakhatariya
Object Of The Issue
- To meet the working capital requirements.
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 11.69 | 11.64 | 0.02 | 6.33 |
| 31 March 2021 | 28.37 | 28.20 | 0.09 | 6.08 |
| 31 March 2022 | 37.10 | 36.55 | 0.35 | 6.43 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 49.47 |
| ROE | 9.01 |
| ROCE | 10.34 |
| Debt/Equity | 2.92 |
| EPS (Rs) | 1.99 |
| RoNW | 9.01 |
Mona Pharmacare IPO Promoter Holding
| Pre Issue Share Holding | 81.02% |
| Post Issue Share Holding | – |
Mona Pharmacare IPO Prospectus
- Mona Pharmacare IPO DRHP
- Mona Pharmacare IPO RHP
Company Contact Information
| Mona Pharmacare Limited 1A, Krinkal Apartment Opp. Mahalaxmi Temple, Paldi Ahmedabad -380007, Gujarat Phone: +91 99780 41356 Email: cs@monopharmacareltd.com Website: www.monopharmacareltd.com |
Mona Pharmacare IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Mona Pharmacare IPO Lead Manager(s)
| 1. Unistone Capital Private Limited |
Mona Pharmacare IPO FAQs
| What is Mona Pharmacare IPO? Mona Pharmacare IPO is a SME IPO. The issue is priced at ₹26 – ₹28 per equity share. The IPO is to be listed on NSE SME. |
| When Mona Pharmacare IPO will open? The IPO is to open on 28 August 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Mona Pharmacare IPO? You can apply Mona 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. |
| How to Apply the Mona Pharmacare IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mona 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 5 Paisa. |
| How to Apply the Mona Pharmacare IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mona 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 Edelweiss. |
| What is Mona Pharmacare IPO Size? Mona Pharmacare IPO size is ₹14.84 crores. |
| What is Mona Pharmacare IPO Price Band? Mona Pharmacare IPO Price Band is ₹26 – ₹28. |
| What is Mona Pharmacare IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,12,000 amount while the maximum bid is 4000 shares with ₹1,12,000. |
| What is the Mona Pharmacare IPO Allotment Date? Mona Pharmacare IPO allotment date is 04 September 2023. |
| What is the Mona Pharmacare IPO Listing Date? Mona Pharmacare IPO listing date is 07 September 2023. The IPO is to list on NSE SME. |
